Recently, domestic private refining and chemical giant Hengli Petrochemical (600346) has sent good news again. Its wholly-owned subsidiary Kanghui New Materials Technology Co., Ltd. has independently developed a new product with an annual output of 3 The 10,000-ton PBT/PBAT modified product development project was successfully launched and produced qualified products, which means that the domestic modified plastics field has welcomed another heavyweight player. It is understood that the modified plastic products produced by Kanghui New Materials have received multiple downstream orders.
Modified plastics are currently widely used in home appliances, automobiles, communications, electronic and electrical, medical, rail transit, precision instruments, and home furnishings Building materials, security, aerospace, military industry and many other national pillar industries and emerging industries. Therefore, modified plastics, as an important branch in the field of polymer modified materials and new materials, have been supported by a number of national industrial policies in recent years.
The State Council’s “Thirteenth Five-Year Plan for the Development of National Strategic Emerging Industries” proposes to comply with the development trend of high performance, multi-functional and green new materials and promote the development of new characteristic resources. Sustainable development of materials, strengthen the layout of cutting-edge materials, guide strategic emerging industries and major engineering needs, optimize the industrialization and application environment of new materials, strengthen the construction of new material standard systems, improve the application level of new materials, and promote the integration of new materials into high-end manufacturing supply chain.
Although domestic modified plastics have developed rapidly in recent years, there is still a certain gap between the comprehensive competitiveness and large international chemical companies. At present, the domestic high-end modified plastics market is still dominated by imports. Mainly, the demand for import substitution is relatively large.
According to data from the Qianzhan Research Institute, my country’s modified plastic production increased year by year from 2010 to 2019. In 2020, domestic plastic production was 103.55 million tons, a year-on-year increase of 7%. The rate was 21.7%, and the output of modified plastics was 22.5 million tons.
Relevant industry insiders believe that as large-scale domestic enterprises in the industry have continued to increase investment in research and development in recent years, the technological gap between domestic and large international enterprises is gradually narrowing, especially in my country’s upstream petroleum industry. Chemical companies continue to strengthen independent research and development of products, which will accelerate the overall innovation speed of the domestic modified plastics industry.
As the first private refining and chemical leader in China to complete the layout of the entire industry chain, Hengli Petrochemical has made frequent moves in the field of new materials in recent years, continuing to increase investment in research and development and product layout, and continuously Achieve technological breakthroughs in scarce new chemical materials.
The Kanghui new material modified product development project that was successfully launched this time adopts the company’s independently developed plastic blending modification production and processing technology, selects world-class advanced equipment, and uses central supply. The material system realizes centralized processing and closed input of raw materials, completely avoiding noise, dust and hot air pollution in the workshop, ensuring the stability of product quality, realizing automation and intelligence of the entire production process, and greatly improving production efficiency and product quality.
It is worth mentioning that, with the entire petroleum refining and chemical industry chain configuration, Hengli Petrochemical can realize the upstream of modified plastics The raw materials PBT and PBAT are self-sufficient, with outstanding scale and cost advantages. The smooth start-up of Kanghui New Materials’ PBT/PBAT modified product development project with an annual output of 30,000 tons will also significantly increase the added value of the company’s PBT/PBS products.
Hengli Petrochemical stated that it will take advantage of the momentum in the future and continue to increase its investment in the field of modified plastics, building a 150,000-ton/year modified plastics base in the Hengli (Yangtze River Delta) International New Materials Industry Base. The project of non-toxic PBT and 80,000 tons/year modified PBAT will create another important emerging industry base for listed companies, accelerate the gathering of upstream and downstream resources in the industrial chain, further promote efficient collaboration among various industrial sectors, and promote enterprises to achieve higher quality development. </p
