Keywords : biomaterials
The global economic shrinking is going on. In June 2012, the US and German's PMI decreased to the lowest point during the past three years, and China's PMI has been below 50 (the separation of manufacture industry expansion or shrinking) for seven months. All of these show that the global economy is getting worse and worse, which can't recover in a short time under the influence of European debt crisis. The result of Greece election decreases the...
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The global economic shrinking is going on. In June 2012, the US and German's PMI decreased to the lowest point during the past three years, and China's PMI has been below 50 (the separation of manufacture industry expansion or shrinking) for seven months. All of these show that the global economy is getting worse and worse, which can't recover in a short time under the influence of European debt crisis. The result of Greece election decreases the risk of that Greece quits Eurozone, but the European debt crisis is far away from the end. However, under the situation that almost all major economies are facing hardship, it may have a new round of global stimulus policies. For example, People's Bank of China reduces interest rate on June 8, 2012, and Europe Central Bank may also make the same measure.
China's bio-materials are closely contacted with the global economy, since China is a large country of bio-material production, but the main consumer markets are the US and Europe. In June 2012, most bio-material products and raw materials' price has decreased, such as PLA, PVA and wheat. On June 8, 2012, China's Special Plan of Biological Material for the Twelfth-five Years Plan Period was published. According to the document, China pays more attention to this industry and will prioritize it.
Biomaterial Industry in China
Editor Notes
The global economic shrinking is going on. In June 2012, the US and German's PMI decreased to the lowest point during the past three years, and China's PMI has been below 50 (the separation of manufacture industry expansion or shrinking) for seven months. All of these show that the global economy is getting worse and worse, which can't recover in a short time under the influence of European debt crisis. The result of Greece election decreases the risk of that Greece quits Eurozone, but the European debt crisis is far away from the end. However, under the situation that almost all major economies are facing hardship, it may have a new round of global stimulus policies. For example, People's Bank of China reduces interest rate on June 8, 2012, and Europe Central Bank may also make the same measure.
China's bio-materials are closely contacted with the global economy, since China is a large country of bio-material production, but the main consumer markets are the US and Europe. In June 2012, most bio-material products and raw materials' price has decreased, such as PLA, PVA and wheat. On June 8, 2012, China's Special Plan of Biological Material for the Twelfth-five Years Plan Period was published. According to the document, China pays more attention to this industry and will prioritize it.
Headline
Bamboo fiber becomes the new supporting point of China’s textile industry because of its excellent
performance.
On June 8, 2012, China releases the 12th Five-Year Plan for Biological Material Industry.
On June 17, 2012, Qianjiang Huashan’s shrimp shell deep-processing program starts, including the production lines of chitin, chitosan and chitosan oligosaccharide with capacity of 4,000t/a, 400t/a and 300t/a respectively.
On May 31, 2012, Shanxi Hongyuan puts its new bio-PA11 production line with total capacity of 1,000t/a into trial production in Jinzhong City,
Shanxi Province, aiming to target bio-PA11 market.
On June 13, 2012, Cathay Biotech withdrew its IPO registration statement as it didn’t intend to
complete an offer this time.
On June 2, 2012, Wuhan Huali is looking for trash bag market actively by supplying bio-degradable and
compostable trash bags for free in two months.
Hisun Pharmaceutical plans to expand its capacity of PLA (polylactic acid) to 35,000t/a to seize the market opportunity before the end of 2013.
As an important raw material of polyethylene terephthalate (PET), ethylene glycol price is deeply
influenced by worldwide economic downturn and fossil oil price.
The price has been rising in China’s corn market; expanded market and continuous price growth have appealed more foreign corn suppliers to take a share of the spoils.
China’s PLA export volume and import volume reach 63.985 tonnes and 610.259 tonnes respectively in May 2012.
China’s import volume of dry cassava reaches 764,525 tonnes in May 2012, up 1.44% over last month.
China’s castor oil and its derivatives’ import volume and export volume reached 31,285 tonnes and 1.6 tonnes respectively in May 2012.
Companies Mentioned
Shanxi Sanwei Group Co., Ltd.,Xingjiang Markor Chemical Industry Co.,Ltd.,Ningxia Yinglite Chemicals Co., Ltd., Shaanxi Huasan Chemical Group Co., Ltd.,
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