How will the PBAT market and in-production capacity look in 2022?

In 2021, there will be a large number of new PBAT production capacities, most of which will be put into production in 2022; the domestic market is changing drastically and the competition pressure on the enterprises in production has increased.

According to statistics, at present, the construction of enterprises and production capacity has been completed up to 420,000 tons. 2021 Changhong Hi-Tech 120,000 tons of PBAT production capacity has been completed, due to weak market demand and high costs, switching to PBT;

Rui'an Bio and Wanhua Chemical in late December successively put into production, it is understood that some qualified products have been output; Jinfa Bio 60,000 tons of plant construction completed, commissioning success; Jinhui Zhaolong Phase II 120,000 tons is planned to be put into production in March 2022;

Tongcheng New Material 6,000 tons The second phase of 120,000 tonnes of Jinhui Zhaolong is scheduled to be put into operation in March 2022; the 60,000 tonnes of Tongcheng New Material plant was postponed to May.

1 Ningbo Changhong Polymer Technology Company Limited 12 2021 Shaoxing, Zhejiang
2 Shandong Rui'an Biotechnology Co. 6 December 2021 Jinxiang, Jining
3 Wanhua Chemical (Sichuan) Company Limited 6 December 2021 Meishan, Sichuan
4 Zhuhai Jinfa Biomaterials Company Limited 6 Dec 2021 Zhuhai, Guangdong
5 Jinhui Zhaolong High-Tech Company Limited 12 Mar 2022 Xiaoyi, Shanxi
6 Sinochem Donghua Tianye New Materials Company Limited 10 April 2022 Shihezi, Xinjiang
7 Tongcheng New Materials Group Co Ltd 6 May 2022 Shanghai