Biomaterials China News 1204 - Annual Subscription

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May 14, 2012, 07:18 ET

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Biomaterials China News 1204 - Annual Subscription

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BDO capacity will increase rapidly in China due to its strong demand from domestic downstream products,the industry policy support, and the application of its mainstream production technology. Domestic major PLA producers are actively expanding their capacity.

China formally released the "Twelfth Five-Year Plan for New Materials Industry" on February 22nd, 2012.

Hunan Xiangwei plans to launch two PVA production lines in March 2012. Shandong Guangyin officially launches three new long carbon chain nylon production lines in February 2012.

Zhongshan Jiuhe has finished its starch-based biomaterials trial production in February 2012.

Xinfu Pharmaceutical suspended its investment in PBS downstream products due to huge business loss in 2011.

Kingfa smoothly completed a public offering on February 14th, 2012.

Domestic caoutchouc price continues to rise in 2012due to the droughty weather in Yunnan and the rising crude oil price.

Chinese Ministry of Commerce has made an investigation on final review of anti-dumping measures on potato starch from the EU since February 6th, 2012.

Due to the situation of oversupply, domestic price of cotton may decrease in 2012.

HIT has made a breakthrough in L-lactic acid industrialization by February 2012.

China's PLA export volume and import volume reached 9 tonnes and 467 tonnes respectively in January 2012.

China imported 504,466 tonnes of cassava in January 2012.

China announces to cut its GDP growth target to 7.5% in 2012, according to Premier Wen Jiabao's announcement in his government work report delivered to the National People's Congress on March 5th, 2012. This is the first time for the Chinese government to lower its economic growth target after its years-long efforts to maintain an 8% economic growth rate for seven consecutive years. The major reason of cutting GDP growth target is that the Chinese government plans to focus on accelerating the transformation of the pattern of economic development and making economic development more sustainable and efficient so as to achieve higher-level and higher-quality development over a longer period of time.

Meanwhile, the Chinese government has been releasing a series of "Twelfth Five-Year Plan", such as the "Twelfth Five-Year Plan for New Materials Industry", the "Plan for Grain Processing Industry (2011-2020)", the "Twelfth Five-Year Plan for Industrial Technology Innovation (2011-2015)", the "Twelfth Five-Year Implementation Plan for Multiple Utilization of Crop Stalk", the "Twelfth Five-Year Plan for Clean Production", etc. Based on the above policies, as one of strategic emerging industries, biomaterial industry will undoubtedly enter a stage of rapid development.

Indian erratic policy to have limited influence on Chinese cotton market

Shanghai Lyocell Fiber gained ecological certification

Yibin Hmei continues promoting silkworm chrysalis protein fiber

Hayley Ann meets its peak period

Jiangsu Xinmin being optimistic on PBST prospect

Wuhan Huali to expand its capacity

China Hi-tech Group to increase investment in cellulosic fiber

Latest development of lignin in China Corn price keeps increasing Inner Mongolia to sharply reduce potato planting area

Trade analysis of PLA in China

Trade analysis of cassava in China

Trade analysis of castor oil and its fractions in China

Shijiazhuang Changshan successfully finishes a bond issue

Asia Cassava Resources to suffer profit reduction

Yunnan Province to suffer sugar cane yield reduction

CHINAPLAS to be held in April 18-21, 2012

Baiyi Industrial to expand its capacity in 2012

Companies mentioned

India Directorate General of Foreign Trade (DGFT) published a ban on cotton export on March 5, 2012, and then it was canceled on March 12, 2012, which has limited influence on Chinese cotton market. On March 13, 2012, Shanghai Lyocell Fiber received ecological certification from Switzerland Validation Test Textile. Yibin Hmei is making efforts to promoting its silkworm chrysalis protein fiber in domestic market. Hayley Ann is growing fast currently, which may gain great success. Jiangsu Xinmin is actively accelerating R&D of PBSTOn March 29, 2012, Wuhan Huali starts to construct its new research & production base in Wuhan City, Hubei Province, and their capacity will expand to 100,000t/a in the next two years from 40,000t/a. China Hi-tech Group will take more measures to support Bao Ding Swan to accelerate cellulosic fiber industrialization. More and more domestic companies are investing in lignin production and domestic lignin product types are becoming diversified. Corn price has kept increasing from November 2011, due to its loss of supply and demand balance in domestic market in the short period. Inner Mongolia Autonomous Region planned to reduce by above 20% of potato planting area in 2012. China's PLA export volume and import volume reached 36 tonnes and 684 tonnes respectively in February 2012. China's import volume of fresh cassava and dry cassava reached 38,166 tonnes and 617,188 tonnes respectively in February 2012. China's import volume of castor oil and its fractions reached 16,104 tonnes in February 2012.