Building a viable circular economy is only possible when innovative leaders have the confidence to cooperate. Extensive resources and investments are required to create progressive solutions that can truly support the efficiency and scalability demanded by the global packaging industry. Working together is key. Progressive solutions are what will future-proof the packaging industry, yet the ever-stricter legislation regarding packaging materials means innovation is needed now more than ever. According to a recent EU report, bio-based materials have been acknowledged as having ‘high potential’, the EU is increasing mandatory percentages of recycled content in packaging, and many studies show that better cost competitiveness is required for bio-based solutions. But how do you find the type of pioneering partners that bring undeniable value? And how do you make that cooperation mutually beneficial? It's easier said than done. Finding the right people with the right ideas is tricky, especially when companies are understandably protective of their developments. For Pont, meeting Blue Ocean Closures at a respected packaging industry trade exhibition proved to be a true meeting of minds—and resources! With Pont an established European glass and plastic packaging supplier and Blue Ocean Closures a Sweden-based technology start-up with a clear sustainability purpose, the potential combination of Pont’s strong reputation for delivering sustainable solutions across Europe and Blue Ocean Closures’ biobased fibre closures was quickly evident. Jacquelien Spenkelink, Purchase Director at Pont, shares how their ‘enthusiastic partnership’ has progressed. “Promoting this amazing new closure is easy; it recently won the Sustainability Award at the Packaging Innovation Show in Birmingham, UK, where it was presented on a 100% rPET PETPacker jar from Pont! Brands that value sustainability want a solution like this, and Pont is here to help.” Ulrika Evermark, Chief Communications & Relations Officer at Blue Ocean Closures, agrees, saying, “There’s never been this type of product on the market before! It’s a biobased closure that is made from cellulose and is easily recyclable in the standard paper recycling stream. It’s got the look and feel of paper, so consumers are quickly comfortable with it, but it’s also strong and food safe. It’s a ‘drop in’ solution too, as it’s just an exchange. There are no technical modifications needed or equipment changes, you just need to switch out the box of closures. We currently offer a 38ml closure and we’re about to introduce a 45ml option.” Proud to pioneer Pont is proud to be bringing this progressive, pioneering closure to its customers across Europe, with the ability to quickly deliver this sustainable solution from its wide network of warehouses and distribution centres. Jacquelien continues, “This is what I’m really excited about; getting Blue Ocean’s strong, biobased closure to the wider market, exactly where it belongs! We work with many of Europe’s leading nutraceutical and VMS [Vitamins, Minerals and Supplements] brands, who truly value the synergy of sustainable packaging with their high-quality products.” This synergy is a driving force in the collaboration between Pont and Blue Ocean Closures, whose biobased closures are already being used by forward-thinking brands, including Absolut Vodka, L’Oreal and Pernod Ricard. Ulrika adds, “We’re certainly developing into different markets, with the common denominator being brands – and their customers - that value provable sustainability. Our closures are 95% natural, with hydrophobicity additives that are already found in other food and personal care packaging but no fillers. They help protect the food from interaction with water or moisture through coating, dispersion, and lamination. They’re beautiful and strong, produced in an efficient process; simple and scalable.” By ensuring this sustainable cellulose closure is ‘simple and scalable,’ Blue Ocean Closures is meeting Pont where it is already well known. Working together to bring biobased packaging jars and closures to food, beverage, and personal care markets across Europe, utilising a solid reputation for efficiently delivering complete sustainable packaging, is the very definition of a win-win situation.

International News Digest:Raw Material News - Shell Completes Sale of Refining and Chemical Assets in SingaporeKorean KG Mobility Teams Up with Chery Automobile to Develop Mid-to-Large-Sized SUVPackaging News - 9 million tons of plastic pressure, Vietnam's 870 trillion beverage market faces green packaging transformation!Exhibition Highlights - The RePlast Eurasia Expo will be held in Turkey in May, gathering pioneering forces in the plastic recycling industry.Equipment News - Swiss Auto Injector Manufacturer Invests $220 Million to Build Factory, Entering the U.S. Auto Injection Equipment MarketMarket News - Brazilian Congress Plans to Draft Legislation to Counter Unilateral Trade ActionsMarket Price News - Ethylene Asia: CFR Northeast Asia $855/ton; CFR Southeast Asia $920/ton Here is the translated content:The following is an overview of international news:Shell completes sale of Singapore refining and petrochemical assetsOn April 1, Shell announced that it had completed the sale of its Singapore Energy and Chemicals Park to a joint venture formed by Glencore and Indonesian chemical manufacturer PT Chandra Asri Pacific. Specific financial details were not disclosed. Shell announced the transaction on May 8, 2024. The Singapore Energy and Chemicals Park includes refining and chemical assets located on Pulau Bukom and Jurong Island. The assets on Pulau Bukom include a refinery with a capacity of 237,000 barrels per day, which was established in 1961, and an ethylene cracker with an annual capacity of 1.1 million tons.2. BASF Launches New High-Temperature Nylon Product!Recently, BASF has further expanded its Ultramid® Advanced T1000 series products for durable components requiring special thermal management. This product series is developed based on polyamide 6T/6I resins, and the latest additions include optimized products with high hydrolysis resistance (HR) and high purity (EQ, or electronic grade). The newly developed HR and EQ grades exhibit excellent high strength and high rigidity at elevated temperatures, while also demonstrating outstanding creep resistance and good compatibility with coolants. Their overall performance significantly surpasses that of standard polyamide grades and many other PPA products available on the market.3. In May, the RePlast Eurasia Exhibition will land in Turkey, bringing together pioneering forces in the plastic recycling industry.RePlast Eurasia, as Turkey's first and only exhibition focused on the plastic recycling industry, holds a unique position in the industry. From May 8 to 10, 2025, the exhibition will once again gather leading brands and authoritative experts from the global recycling field. The event is jointly organized by Tuyap and the PAGCEV Association, dedicated to showcasing cutting-edge technological innovations in every aspect of the plastic recycling process. During the exhibition, visitors will have the opportunity to explore hundreds of products and service types, including raw materials, equipment (including advanced waste sorting equipment), recycling technologies, collaboration resources from waste collection and sorting companies, professional design agencies, and consulting services.4. The United States has made a final ruling on the anti-dumping and countervailing duties for epoxy resin, with the dumping margin for Chinese producers/exporters at 354.99%.On March 31, 2025, the U.S. Department of Commerce issued an announcement, making the final ruling on anti-dumping duties for epoxy resins imported from China, India, South Korea, Thailand, and Taiwan, China. Due to the lack of participation in the response from Chinese enterprises, the dumping margin for producers/exporters from China was determined to be 354.99%, while for producers/exporters from India it was 12.69%-15.68%, for those from South Korea it was 5.62%-7.59%, for those from Thailand it was 5.25%, and for those from Taiwan, China it was 10.93%-26.98%.5. Korea's KG Mobility Collaborates with Chery Automobile to Develop Mid-to-Large SUVsOn April 2nd, it was reported that South Korean automaker KG Mobility announced today that it held a joint development signing ceremony for mid-to-large SUV models with Chery Automobile in Wuhu, Anhui yesterday. The two parties will strengthen technical cooperation to promote future development. This signing ceremony follows the strategic partnership and platform licensing agreement signed with Chery in October last year, marking a concrete plan for substantive collaboration. Both sides will jointly develop mid-to-large SUVs for domestic and international markets and enhance cooperation in areas such as autonomous driving and software-defined vehicle E/E architecture (electrical/electronic hardware and software, etc.).6. Plastic Parts manufacturer Pittsfield Plastics installs a 1600-ton injection molding machine to produce PE parts.Injection molder Pittsfield Plastics Engineering (PPE) has announced the installation of a new 1,600-ton Jupiter 14000 injection molding machine from Absolute Haitian Corp. for large-part molding. The press, along with associated robotics and auxiliary equipment, will allow PPE to meet the needs of its latest customer, a manufacturer of septic products and services for the residential and commercial sanitation waste industry.7. Swiss automatic injector manufacturer invests $220 million to build a factory, entering the U.S. automatic injection molding equipment market.SHL Medical, a syringe manufacturer based in Switzerland, officially opened its most advanced new manufacturing plant in North Charleston, South Carolina. SHL Medical stated that the expansion, first announced in summer 2022 with an investment of $220 million, contributed to the local economy and created hundreds of new jobs in the area.8. 9 million tons of plastic pressure, Vietnam's 870 trillion beverage market faces green packaging transformation!The Vietnam Beer-Alcohol-Beverage Association (VBA) highlights that packaging plays a pivotal role in the modern economy by safeguarding products throughout the complex supply chain from production to consumption. It serves as a vital medium for brand communication and is crucial to the efficiency of the entire production and consumption system. Particularly for an economy like Vietnam, which boasts robust exports and strong domestic demand, the healthy development of the packaging industry holds strategic significance. Data from Nguyen Thanh Giang, General Director of Tetra Pak Vietnam, indicates the packaging industry's immense growth potential: Vietnam's food and beverage sector is projected to achieve a compound annual growth rate (CAGR) of 10.3% by 2027, with the market size reaching 872.9 trillion Vietnamese dong. This powerful market momentum not only demands expanded production capacity in the packaging industry but also raises higher expectations for innovation, functionality (such as aseptic preservation), design, and sustainability. Overseas macro market information:【Brazilian Congress Proposes Bill to Counter Unilateral Trade Actions】 On April 1 local time, the Economic Affairs Committee of the Brazilian Senate unanimously passed a proposal titled the "Economic Reciprocity Bill," aimed at authorizing the Brazilian government to take countermeasures when its foreign trade interests are harmed. Since this bill adopts a fast-track mechanism, it will bypass a full Senate vote and be directly submitted to the House of Representatives for deliberation.【Tesla European Sales Plunge】 Tesla electric vehicles have seen a sharp decline in sales in several European markets due to dissatisfaction with CEO Elon Musk and a boycott of his company's products, as well as reduced appeal after being on the market for many years. According to a report by Agence France-Presse on April 1, data from the French automotive manufacturer and sales platform showed that in March, Tesla's sales in France fell by 36.8% year-on-year amidst a slight dip in the overall French electric vehicle market. Swedish data indicated that Tesla's sales in March dropped by 63.9% year-on-year, and by 55.2% in the first quarter. In Denmark, Tesla's sales in the first quarter declined by 56% year-on-year.Goldman Sachs: Downgrades forecast for 10-year Japanese government bond yield by the end of 2025 to reflect U.S. recession risks; yen is the preferred tool to hedge against U.S. recession and tariff risks. Goldman Sachs' research team stated in a report that it has lowered its forecast for the 10-year Japanese government bond yield by the end of 2025 from the previous 1.60% to 1.50% to reflect the increased risk of a U.S. economic recession. Goldman Sachs noted that the rising risk of such an outcome may affect market pricing of the Bank of Japan's continued tightening policy. Goldman Sachs stated: "The downward trend in the stock market and relatively low U.S. economic growth also tilt the risks towards a stronger yen."Goldman Sachs expects the yen to strengthen to the lower end of the 140 zone against the dollar this year, as concerns around US growth and trade tariffs will boost demand for the yen. It believes that if the risk of a US economic recession increases, the yen will be the best hedge for investors.On April 1st local time, the Mexican government issued a statement saying that President Sheinbaum held his first telephone conversation with new Canadian Prime Minister Carney on the same day, during which both sides reached a consensus on the importance of maintaining economic competitiveness in North America. The statement noted that the leaders of the two countries agreed to continue dialogue to promote the process of regional economic integration while respecting the sovereign rights of member states. The Canadian government's statement described the leaders' call as productive, stating that Canada and Mexico are committed to deepening trade relations and jointly building a stronger economy.【Japanese Rice Prices Hit 12th Straight Week of Record Highs, Average Price per Bag Exceeds 200 Yuan】Latest statistics from Japan’s Ministry of Agriculture, Forestry and Fisheries show that the average price of a 5-kilogram bag of regular rice in Japan is 4,197 yen (approximately 204 yuan RMB), which is about twice the price of the same period last year, marking 12 consecutive weeks of record highs. Japanese Prime Minister Shigeru Ishiba stated on April 1st that if necessary, the government will release more reserve rice into the market to stabilize prices.【Canada to Avoid Tariff Retaliation That Could Affect Domestic Jobs and Drive Up Prices】 Canada will refrain from implementing tariff countermeasures that could impact domestic employment and increase prices, according to two federal trade advisors. The country will not impose retaliatory tariffs on most U.S. food products and other essential goods.Finland has announced that it will completely shut down coal-fired power plants this spring. On April 1, the Finnish government stated that as two energy companies gradually close all coal-fired power plants, Finland will fully stop using coal in energy production this year. The Finnish government indicated that in the future, energy companies will rely on electric boilers, heat pumps, energy storage, biomass energy, and waste heat recovery to produce thermal energy, while the focus of electricity generation will shift to wind, nuclear, hydro, and solar energy.【MOFCOM Extends Anti-Dumping Investigation on Imported Brandy from EU to July 5】 In accordance with the provisions of the "Regulations of the People's Republic of China on Anti-Dumping," on January 5, 2024, MOFCOM issued Announcement No. 1 of 2024, deciding to initiate an anti-dumping investigation into imported brandy originating from the EU. On December 25, 2024, MOFCOM issued Announcement No. 59 of 2024, deciding to extend the investigation period to April 5, 2025. Given the complexity of this case, in accordance with Article 26 of the "Regulations of the People's Republic of China on Anti-Dumping," MOFCOM has decided to further extend the investigation period to July 5, 2025. Price information:【The central parity rate of the renminbi against the US dollar was下调18 basis points.】Note: It seems there is a missing word in the original Chinese sentence. The correct sentence should be "【人民币兑美元中间价下调18个基点】". The translation provided is the closest accurate representation given the context, but typically it would be phrased as "The central parity rate of the renminbi against the US dollar was下调18 basis points." or more naturally, "The central parity rate of the renminbi against the US dollar was adjusted down by 18 basis points."The central parity rate of the yuan against the US dollar was set at 7.1793, down by 18 basis points. The previous trading day's central parity rate was 7.1775, the official closing rate was 7.2687, and the overnight rate closed at 7.2706.Upstream raw material USD market priceEthylene Asia: CFR Northeast Asia $855/ton; CFR Southeast Asia $920/ton.Propylene Northeast Asia: FOB Korea average price 800 USD/ton; CFR China average price 820 USD/ton, down 5 USD/ton.North Asia frozen cargo CIF price, propane $627-629 per ton; butane $617-619 per ton.The onshore price for South China frozen goods in April is as follows: propane 627-629 USD/ton; butane 617-619 USD/ton.The landed price of frozen goods in the Taiwan region: propane $627-629 per ton; butane $617-619 per ton.【LLDPE U.S. Dollar Market Price】Film: $955/ton (CFR Huangpu);Injection molding: 1010 USD/ton (spot in Dongguan bonded area);【HDPE US Dollar Market Price】Film: $940-950 per ton (CFR Huangpu).Hollow: $890-965/ton (CFR Huangpu)Injection molding: $825/ton (CFR Huangpu).LDPE USD Market PriceFilm: $1120/ton (CFR Huangpu), down $15/ton;Coating: $1360 per ton (CFR Huangpu).PP USD Market PriceAverage concentration: 935-990 USD/ton (spot), down 5 USD/ton;Co-polymer: $995-$1060/ton (CFR Huangpu spot)Film material: 1030-1105 USD/ton (CFR Huangpu);Transparent: $1020-$1050 per ton (CFR Huangpu spot);Tubing: $1,160 per ton (CFR Shanghai).

Today's PBAT Market Brief:Today's full-market PBAT quotation range is 9,850-10,550 yuan, with a market median of 10,250 yuan.Here is today's market price details:

Today's PLAX market brief:Today, the price range for PLA in the entire market is 17,000 to 19,500 yuan, with a market median of 18,000 yuan.Here are the market quotations for today:

On March 28, Lianhong Xinke released its annual report for 2024. In the context of macroeconomic fluctuations and industry adjustments, the company's operating income fell by 7.52% year-on-year to 6.268 billion yuan, and net profit attributable to shareholders dropped by 47.45% to 234 million yuan. However, the net profit excluding non-recurring gains and losses grew by 2% to 185 million yuan, demonstrating the resilience of its core business in adversity. As an emerging enterprise focusing on high polymer materials and special fine materials, Lianhong Xinke is accelerating its layout in new energy, biodegradable, and electronic materials sectors, attempting to seize opportunities in industrial upgrading. Behind the Performance Pressure: Dual Breakthroughs in New Energy Materials and BiomaterialsDespite a decline in both revenue and profit, the annual report reveals breakthroughs for Lianhong Xinke in strategic emerging fields. The new energy materials sector is a highlight: the company is constructing a 200,000 tons/year EVA (the core material for photovoltaic encapsulation) and a 100,000 tons/year POE (next-generation photovoltaic packaging material) project, both scheduled to be put into production in 2025. The urgent demand for high value-added materials in the photovoltaic industry may make these two projects a future growth engine. Additionally, the advancement of lithium battery solvents and additives projects signifies the company's determination to extend upstream into the new energy vehicle industry chain.The layout in the biodegradable materials sector is also rapid. The entire industrial chain technology for PLA (polylactic acid) has achieved a breakthrough in localization, with 100,000 tons of lactic acid and 40,000 tons of PLA facilities already in production, and new scenarios such as 3D printing are being explored; 50,000 tons.PPThe C (polypropylene carbonate) project, with its low-carbon model of "self-produced raw materials + carbon dioxide utilization," is expected to be implemented in 2025. As the global "plastic ban" expands, the demand for biomaterials continues to grow, and Lianhong Xinkai's technical accumulation and production capacity reserve may open up a hundred-billion-level market space for it.High-value-added sectors accelerate breakthroughs: electronic special gases and specialty materialsIn the field of electronic materials, Lianhong New Materials' 10,000-ton-per-year electronic special gas facility began operations in May 2024, with its products gaining certification from leading customers. As a key consumable in semiconductor manufacturing, the demand for domestic substitution of electronic special gases is urgent, and the company's move is expected to penetrate a high-barrier, high-profit niche market. Additionally, the 20,000-ton UHMWPE (ultra-high molecular weight polyethylene) facility, which uses a novel continuous process, has started mass production of high-end membrane materials, further solidifying its competitiveness in the lithium battery separator materials sector.Future Strategy: Focus on Bio-based Materials and Low-carbon TechnologiesFacing performance pressure, Lianhong New Materials has chosen to further invest in the biodegradable materials sector. The annual report clearly states that the company will increase investment in biodegradable and biobased materials, and promote the industrialization of novel materials such as bio-based sugar substitutes. This strategy not only aligns with the global trend towards decarbonization but also meets the goal set by China's 14th Five-Year Plan for the new materials industry to "breakthrough the large-scale preparation technology of biobased materials." Through collaboration with research institutions such as the Chinese Academy of Sciences, the company's innovations in catalysts and process technologies are expected to form differentiated advantages.Challenges and opportunities coexistThe company is currently facing short-term pain: operating cash flow decreased by 32.18% year-over-year, reflecting the capital occupation due to new project investments; the cyclical fluctuations in downstream industries such as photovoltaics and lithium batteries may also affect the absorption of new production capacities. However, in the long term, the release of capacity in areas such as EVA, POE, and PLA, coupled with the increased output of high-value-added products like electronic special gases, could drive a turnaround in performance.The 2024 annual report of Lianhong New Materials reveals a clear strategic path, prioritizing long-term positioning in sectors such as new energy, biodegradable materials, and electronic materials at the expense of short-term performance pressure. Against the backdrop of accelerating global energy transition and material revolution, its technological reserves and capacity layout, if successfully realized, could serve as a benchmark case for China's new materials industry to break through. Balancing the contradiction between RD investment and profitability will be the key challenge in the next phase.

Source | Microbio EngineeringEditor | Microcosmic Construction Workshop Recently, Beijing Weigong Workshop Biotechnology Co., Ltd. (hereinafter referred to as "Weigong Workshop"), a pioneer in synthetic biology innovation, has signed an agreement with Solenis, a global leader in specialty chemicals. The two parties will jointly develop key technologies based on PHA (polyhydroxyalkanoates) biomaterials to promote the sustainable development of the paper packaging market.This collaboration will leverage Microsino's advantages in biomanufacturing technology and Solvay's market presence across 130 countries and regions. Microsino will focus on providing high-quality PHA products and technical support, ensuring stable supply and performance optimization of the products; while Solvay will utilize its global customer resources and market channels to promote the sales and applications of PHA materials in the sustainable paper-based packaging market.Liu Jiwen, Vice President and General Manager of Solenis Asia Pacific Consumer Solutions, stated: "Solenis has always been committed to providing sustainable solutions for our customers, and the promotion of PHA bio-based materials is a key initiative to achieve this goal. The innovative capabilities and technological expertise of MicroWorks in the field of PHA bio-based materials align closely with our market needs. We believe that through close collaboration between both parties, we can bring more environmentally friendly and efficient material choices to the global sustainable paper-based packaging market."Ms. Xu Xuanming, Chairwoman of Microstructure Factory, stated: "We are very pleased to reach this strategic cooperation with Solvay. This not only affirms the performance and market potential of our PHA products but also represents a shared commitment to sustainable development between both parties. Through this collaboration, we will jointly promote the widespread application of PHA materials in the global sustainable paper-based packaging market, making a positive contribution to environmental protection and sustainable development."As global attention to sustainability continues to grow, the demand for eco-friendly materials in the market is also increasing. The collaboration between Micromatter and Solenis will provide strong momentum for the promotion of PHA materials in the global sustainable paper packaging market. In the future, with the deepening of the cooperation, Micromatter and Solenis are expected to lead the transformation of the global sustainable packaging materials market, offering customers around the world more environmentally friendly and efficient material options, jointly creating a greener and more sustainable future!About SolenisSolenis is a global specialty chemicals manufacturer focused on providing sustainable solutions to water-intensive industries such as pulp and paper, industrial, institutional, food and beverage, pools and spas. Its product portfolio includes various water treatment chemicals, process aids, functional additives, cleaners, disinfectants, as well as cutting-edge monitoring, control, and delivery systems. Customers can utilize these technologies to improve operational efficiency, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner, safer environments.The company's headquarters is located in Wilmington, Delaware, USA, with a focus on global strategic deployment. It operates 70 production facilities across six continents in 130 countries and regions, supported by a team of over 16,500 professionals. Solenis is the recipient of the 2024 Gold Standard Award for "Best Managed Companies," marking the fourth consecutive year it has earned this distinction.    

On March 20, Jinfat Technology Co., Ltd. released the evaluation report for the 2024 "Quality Improvement, Efficiency Enhancement, and Return to Shareholders" action plan.The report shows that in 2024, the company strengthened scientific and technological innovation around new productive forces, reinforced the advantages of an integrated industrial chain, and relied on globally leading application innovation capabilities to provide more competitive overall material solutions for global customers. This has continuously increased the company's industry competitiveness and market share. The company expects to achieve a net profit attributable to shareholders of listed companies in the range of 800 million yuan to 950 million yuan in 2024, representing a year-on-year increase of 152.58% to 199.94%.Among them, in the new materials sector, Kingfa's 2025 strategy is: comprehensive breakthrough, expand share.(1) Fully biodegradable plastics: Product applications have further expanded to various industries such as agriculture, electronics, toys, and consumer electronics. The company has expanded its team globally and strengthened capacity building, forming a global marketing team that covers industry, major clients, and regional sales, effectively promoting the sustained rapid growth of product sales and continuously increasing its influence in the environmental materials market.(2) Specialty engineering plastics: Widely used in industries such as high-speed transmission, new energy vehicles, energy storage, AI, robotics, and drones, both product competitiveness and market share have increased. In 2024, product sales and gross profit are expected to achieve stable growth, becoming one of the important drivers of the company's performance growth.(3) Carbon Fiber and Composites: Focusing on areas such as battery bottom protectors, sealing covers, and drone composite materials, significant progress has been made in opening up leading clients in the domestic low-altitude economy sector. As a result, the revenue from carbon fiber and composite products is expected to increase significantly in 2024.Accelerate the implementation of production capacity construction projects and optimize their layout.The 0.6 million tons per year PPSU/PES synthetic resin plant successfully commenced production and stabilized operations in June 2024, adding new momentum for the company in the high-performance resin field.(2) The annual production capacity of 15,000 tons LCP synthesis resin project is scheduled to gradually go into production in the second quarter of 2025, with construction work progressing as planned. The LCP film heat treatment equipment has already been put into production, and related products have achieved bulk sales in acoustic diaphragms, thus opening up new market application fields for the company.(3) The 10,000-ton-per-year bio-based BDO project has been completed and put into production, and high-crystallinity bio-based PBAT, PBT, PBST, and other products have been developed. This aligns with the "Carbon Peak and Carbon Neutrality" concept, enhances product competitiveness, and strengthens the company's industrial chain layout in the bio-based materials sector.Digital Transformation Project: Innovative Models, Empowering DevelopmentThe company uses the deep integration of "digital technology + manufacturing scenarios" as a strategic fulcrum to explore the path of digital transformation for traditional modified factories, adopting a large-scale flexible production model. It constructs a digital transformation ecosystem driven by the dual wheels of a "benchmark factory and traditional base," effectively solving the难题of flexible transformation in traditional manufacturing.

Today's PBAT Market Brief:Today's PBAT quotation range in the entire market is 9850-10550 yuan, with the market median at 10250 yuan.The following is today's market price details:

Today's PLAX market brief:Today's PLA quote range in the entire market is 17,000-19,500 yuan, with the market median at 18,000 yuan.Here is today's market quotation details:

On March 28th, Guangdong Hengtan's subsidiary, Guangzhou Henghao New Materials Co., Ltd., launched the new BIODEX® Henghao non-food bio-based PTT fiber, responding to the industry's urgent demand for green materials with technological innovation and providing a new solution for the sustainable development of the fashion industry.At the new product sharing session, General Manager Li Weiduo of HENGHAO provided a systematic exposition of the three core technological breakthroughs of BIODEX® HENGHAO non-grain bio-based PTT fiber: firstly, the use of non-grain biomass raw materials to avoid competing for resources with food crops; secondly, the application of non-GMO sourced, non-pathogenic bacterial fermentation technology to ensure biosafety and production safety; thirdly, the adoption of anaerobic fermentation to achieve zero carbon dioxide emissions during the fermentation process. This globally pioneering "three non-" bio-based 1,3-propanediol patent technology has successfully overcome several technological barriers in the field of bio-based materials, breaking through the "chokepoint" technologies in bio-based materials. He also emphasized that the core raw material of this fiber uses a unique biological fermentation process, efficiently converting glycerol from plant oil by-products into bio-based 1,3-propanediol, which is then used to produce high-performance bio-based fiber materials. The entire production process achieves breakthroughs in three major environmental protection indicators: a 38% reduction in petroleum dependence, a 73% reduction in carbon emissions, and a raw material recycling rate of up to 100%. The product features outstanding characteristics in terms of excellent stain resistance, wrinkle resistance, UV resistance, remarkable elasticity, and support for low-temperature dyeing. It is particularly suitable for leisurewear, sportswear, outdoor clothing, underwear, and denim.It is reported that BIODEX® Henghao non-grain bio-based PTT fiber innovation has been applied to multiple products: In the denim series, through special bio-based fiber blending technology, it retains the rugged texture of traditional denim while endowing the fabric with excellent elasticity and comfort; in T-shirt designs, it fully leverages the soft and skin-friendly properties of this fiber, combined with the traditional Miao embroidery工艺，请检查您的输入是否包含不正确的中文字符或句子未完成。以下是基于您提供的内容的完整英文翻译：It is reported that BIODEX® Henghao non-grain bio-based PTT fiber innovation has been applied to multiple products: In the denim series, through special bio-based fiber blending technology, it retains the rugged texture of traditional denim while endowing the fabric with excellent elasticity and comfort; in T-shirt designs, it fully leverages the soft and skin-friendly properties of this fiber, combined with the traditional Miao embroidery technique, creating environmentally friendly fashion pieces that embody Eastern aesthetics.Li Wei Duo | General Manager of Guangzhou Henghao New Materials Co., Ltd. 

On March 31, Shengquan Group released its 2024 annual report. During the reporting period, it achieved operating revenue of 10.02 billion yuan, an increase of 9.87% year-on-year; net profit attributable to shareholders of the listed company was 868 million yuan, an increase of 9.94% year-on-year. At the end of the reporting period, total assets were 14.733 billion yuan, total liabilities were 4.168 billion yuan, the asset-liability ratio was 28.29%, and the total equity attributable to parent company shareholders was 10.077 billion yuan.Source of the image: Announcement from the listed companyOn the same day, the company also released a voluntary disclosure announcement regarding the expected performance increase for the first quarter of 2025. According to preliminary calculations by the finance department, it is estimated that the net profit attributable to the owners of the parent company will be between 200 million and 215 million yuan, representing a year-on-year increase of 45.58% to 56.49%. The net profit attributable to the owners of the parent company after deducting non-recurring gains and losses is expected to be between 183 million and 198 million yuan, representing a year-on-year increase of 45.02% to 56.91%.The reason for the growth is:(I) The rapid development of AI computing power, high-frequency communication, and semiconductor packaging is driving a surge in demand for advanced materials. The company focuses on the field of advanced electronic materials, with products covering the entire semiconductor packaging, PCB, and copper-clad laminate产业链. Leveraging its advantages in technology research and development, product manufacturing, and quality performance, the company has seen a significant increase in orders for high-value products. Existing capacity achieves full production and sales by the end of each quarter.(2) The 300-ton/year porous carbon production line was completed and put into operation in Q3 2024, achieving full production and sales. The 1,000-ton/year porous carbon production line will be completed in February 2025 and gradually commissioned for production. During the reporting period, batch supply has already been achieved, effectively meeting the demand for high-energy-density batteries in the consumer electronics and power battery sectors.(3) The "1 Million Ton/Year Biomass Refining Integration (Phase I Project)" at the Daqing production base has been operating steadily, with continuously improving capacity utilization rates, achieving reduced losses during the reporting period.The information shows that Shengquan Group has developed a relatively complete and diverse industrial chain, including biomass chemical raw materials (cellulose, hemicellulose, lignin, etc.), synthetic resins (furan resin, phenolic resin, cold box resin, epoxy resin, etc.), and composite materials (phenolic foam boards, light steel, etc.). This allows them to fully leverage the advantages of their industrial chain to collaborate on technology research and development and market expansion.In the field of biomass new materials, Shengquan Group has been involved in the biomass industry since its establishment in 1979. The "Shengquan Method" for integrated biomass refining technology developed by the company was included in the National Development and Reform Commission's "Green Technology Promotion Directory" (2020). This technology is environmentally friendly, highly efficient, and energy-saving, systematically addressing the global challenge of efficiently separating the three main components—cellulose, hemicellulose, and lignin—in straw, achieving high-value utilization and producing hundreds of products.Shengquan Group has further expanded the high-value applications of biomass by relying on its independently developed "Shengquan Method" biomass refining integrated technology.The world's first million-ton "Shengquan Method" plant straw refining integrated project (Phase I) has been fully put into operation in Daqing City, Heilongjiang Province. As a global leader in green and energy-efficient comprehensive utilization of biomass straw, the Phase I project invested and constructed by Shengquan Group can process 500,000 tons of straw annually, producing a series of green bio-based products such as biomass resin carbon, hard carbon anode materials, high-activity lignin, furfural, pulp, bio-methanol, and biodegradable materials.High-activity lignin extracted from straw can regulate the molecular weight of high-activity lignin through differences in process technology conditions according to its downstream application needs, thus meeting the requirements of different products. Currently, high-activity lignin produced in Daqing has been successfully applied in the production of dye dispersants and oilfield aids. It has achieved breakthroughs in areas such as polyurethane and phenolic resins. Related products are being promoted in the market, while applications in rubber additives, furan resins, refractory materials, carbon black, and other fields are under development.Biomass resin carbon extracted from straw is formed by the molecular rearrangement and carbonization of the lignin portion after the comprehensive utilization of three elements through a stepwise separation process. It has uniform particle size, high bulk density, low ash content, and a low heating value exceeding 5000 kcal/kg. As a zero-carbon raw material, it can replace coal-based fuels for direct combustion power generation, and it can also be further processed into battery hard carbon materials and green bio-methanol, among other clean energy sources.

On March 28, the first batch of qualified PBST modified material, processed by a renowned modification company commissioned by Sinopec Chemical Sales South China Branch, departed from Hainan and was shipped to Xinjiang for the production of biodegradable agricultural mulch films. This batch will be used to support a 10,000-mu (approximately 667 hectares) cotton trial field demonstration in Wusu City and the Xinjiang Production and Construction Corps. This marks the first successful large-scale application of Sinopec's self-developed PBST product in downstream processing.The PBST (Polybutylene Succinate Terephthalate) product produced by Hainan Polyester Company, as a new type of fully biodegradable material, is one of the top ten key research projects of the group company. It exhibits excellent thermal stability, mechanical properties, and biodegradability, and can be widely applied in disposable daily necessities, plastic bags, packaging materials, agricultural films, and other fields.To ensure the smooth market launch of the product, the Huazhong South Chemical Sales Department specially established a project task force to actively collect downstream customer demands, having surveyed over 200 customers in the biodegradable industry and visited more than 120 relevant customers in person. After the qualified PBST products were successfully produced, they were immediately shipped to leading downstream enterprises in Hainan Province for testing. The production, sales, and research teams were fully coordinated to track the process, ensuring seamless production-sales connection and continuously optimizing product parameters. Additionally, technical support throughout the entire process, including modified processing and film blowing techniques, was provided on-site at the customers' production workshops to ensure the timely production of qualified modified material products.Next, Huaxiao South China will continue to monitor the use of mulch film in Xinjiang farmers' cotton fields. Through an online and offline collaborative service mechanism, they will dynamically optimize product performance to contribute positively to the group company's green and high-quality development. 

On the evening of March 31, 2025, Shengquan Group (605589.SH) released its 2024 annual report. The company's revenue exceeded the 10 billion yuan mark for the first time, reaching 10.02 billion yuan, representing a year-on-year increase of 9.87%; the net profit attributable to shareholders of the listed company was 868 million yuan, representing a year-on-year increase of 9.94%. Under the impressive performance, the company plans to distribute a cash dividend of 5.50 yuan (tax included) for every 10 shares to all shareholders, totaling a dividend of 453 million yuan, accounting for 52.24% of the net profit.Shengquan Group's main products include 150,000 tons of furfural resin, 650,000 tons of phenolic resin, and biomass refined products. The report shows that Shengquan Group's biomass chemical and new energy sector has become the main driver of performance growth.In the biomass industry, the company's independently developed "Shengquan Method" biomass integrated refining technology has achieved significant breakthroughs and been included in the National Development and Reform Commission's "Green Technology Promotion Catalogue" (2020 edition). The world's first project on this scale—the 1 million ton/year Biomass Integrated Refining Complex (Phase I) in Daqing, Heilongjiang—was resumed in June 2024. Capacity utilization has steadily increased, achieving a production and sales balance by the end of the year. The total revenue from the biomass industry for the year reached 956 million yuan, representing a year-on-year increase of 11.74%.The new energy sector has also achieved remarkable success. Shengquan Group, leveraging its advantages in biomass refining technology, has accelerated its layout in the battery materials business. A 300-ton/year porous carbon production line was completed and put into operation in the third quarter of 2024, quickly achieving full production and sales, while a 1,000-ton/year porous carbon production line was completed in February 2025 and is gradually being brought online. The products are widely used in the fields of consumer electronics and power batteries, effectively meeting the market demand for high-energy-density batteries. Significant progress has been made in the research and development of hard carbon anode materials for sodium-ion batteries, with high bulk density products successfully entering the energy storage, power, and 3C battery markets.In the field of advanced electronic materials, benefiting from the rapid development of AI computing power, 5G communication, and the semiconductor packaging industry, Shengquan Group's demand for high-end electronic materials is strong. The company is accelerating the mass production of high value-added products, with a 1,000 tons/year PPO resin production line and a 100 tons/year hydrocarbon resin production line set to be completed and put into operation in 2024. The product performance meets the requirements of high-frequency and high-speed copper-clad laminates for 5G/6G, successfully entering the supply chain of leading enterprises, which has significantly boosted the revenue growth of the electronic materials business.At the same time, Shengquan Group also released a performance forecast for the first quarter of 2025, expecting a net profit attributable to the owners of the parent company to be between 200 million yuan and 215 million yuan, representing a year-on-year increase of 45.58% to 56.49%. The company stated that this is mainly due to the continuous increase in orders in the advanced electronic materials sector and the stable supply from the porous carbon production line.Notably, in 2024, Shengquan Group also repurchased shares worth 4.71 billion yuan through centralized bidding. Together with this cash dividend, the total amount returned to shareholders throughout the year reached 9.24 billion yuan, surpassing the 8.75 billion yuan raised from the private placement to the actual controller Tang Diyuan. After the completion of the private placement, the shareholding ratio of Tang Yilin and Tang Diyuan increased from 19.43% to 25.36%. According to their current shareholding ratio, the father and son will receive a dividend of 115 million yuan. Additionally, from 2020 to 2024, Chairman Tang Yilin's annual salary was: 5.488 million yuan, 5.5 million yuan, 5.502 million yuan, 5.5 million yuan, and 4.98 million yuan respectively, with a total salary of approximately 26.97 million yuan over the five years.Despite its outstanding performance, Shengquan Group also faces some challenges. By the end of 2024, the company's inventory balance increased to 1.826 billion yuan, and accounts receivable and notes receivable rose to 2.443 billion yuan, which poses a certain burden on the company's funds. In addition, the proportion of fixed assets to total assets is high, reaching 5.027 billion yuan, along with construction in progress of 1.351 billion yuan, indicating characteristics of heavy asset operations. However, the company's asset-liability ratio remains low, at only 28.29%.Looking to the future, Shengquan Group will continue to deepen its布局 in the fields of biomass chemicals, new energy, and advanced electronic materials, continuously promoting technological innovation and industrial upgrading to respond to market changes and challenges, creating greater value for shareholders.  

On March 28, 2025, Henan Huiyang Biotech New Materials Co., Ltd. constructed a pilot demonstration line for the production of 1,000 tons of high molecular weight polylactic acid per year.The total investment for this project is 61 million yuan, with the construction of one production workshop, one warehouse, and one office building. Main equipment includes: distillation tower, hydrolysis tank, crystallizer, reactor, stripping kettle, underwater granulator, electric thermal oil furnace, and various pumps.The main research focuses on the process route of synthesizing polylactic acid through the ring-opening polymerization of lactide, conducting experiments on the influence of reaction temperature, reaction time, and catalyst dosage on the molecular weight of polylactic acid. Through these experiments, the process conditions for polylactic acid are optimized, laying a foundation for the large-scale production of polylactic acid with high molecular weight and high crystallinity in the future.Previously reported, on January 7, 2025, the开工暨揭牌仪式for the high molecular weight polylactic acid project of Henan Huiyang Biopolymer New Materials Co., Ltd. was held in the Moshan Park area of Shancheng District. Zhang Donghong, vice president of Henan Investment Group, attended and delivered a speech; Hu Hongjun, vice mayor of Hebi City, announced the start of the project. At the ceremony, Zhang Donghong and Hu Hongjun jointly unveiled Henan Huiyang Biopolymer New Materials Co., Ltd.The establishment of Henan Huiyang Biological New Materials Co., Ltd. is the result of cooperation between Shancheng District, Henan Investment Group, as well as HighChem Co., Ltd. and Hebi Investment Group. The commencement of the high molecular weight polylactic acid project is of great significance for Shancheng District to promote the high-quality development of the synthetic biology industry.The high molecular weight polylactic acid project has a total investment of 500 million yuan. Phase one will construct a thousand-ton production line to seize the high-end market in advance; phase two plans to build a ten-thousand-ton production line, thus smoothing the upstream industrial chain. The products will be widely used in medical materials, beauty microspheres, nanofibers, and other fields. After completion, the annual operating revenue can reach 800 million yuan, which will strongly promote the development of the bio-based new material industry cluster, making greater contributions to Jihyang City's construction as a demonstration city for high-quality development in the new era.Henan Huiyang is a holding subsidiary of Henan Biological Industry Group Co., Ltd. Under Henan Biological Industry Group, there are also subsidiaries such as Xintuo Yang Biological Engineering Co., Ltd., Henan Qiye Technology Development Co., Ltd., Zhengzhou Tuoyang Industrial Co., Ltd., and Zhengzhou Tuoyang Biological Engineering Co., Ltd. In September 2024, Henan Qiye completed the construction of the world's first thousand-ton non-grain crystalline glucose production line and continued to expand its production scale, with a ten-thousand-ton demonstration line expected to be completed by the end of 2024. 

Today's market brief for PBAT:Today's PBAT quotation range in the entire market is 9850-10550 yuan, with the market median at 10250 yuan.The following is the market quote details for today:

Today's PLA market commentary:Today's full-market PLA price range is 17,000-19,500 yuan, with a median market price of 18,000 yuan.The following is the market quote details for today:

In March 2025, the relevant policy announcements issued by the Ministry of Finance outlined a new direction for rural construction and agricultural development. Among the key initiatives, the third point—"advancing rural construction and governance in a solid and orderly manner, promoting green agricultural development and the improvement of rural living environments, supporting the adoption and推广 of thicker high-strength mulch films, fully biodegradable mulch films, and the comprehensive utilization of crop straw"—stood out as particularly noteworthy, closely linked to the development of the biodegradable plastics industry.From the policy perspective, the government is continuously increasing support for the promotion of thick, high-strength plastic film, fully biodegradable plastic film, and the comprehensive utilization of crop straw. On one hand, through financial subsidy policies, the government reduces the cost for farmers to purchase biodegradable film, enhancing their enthusiasm for using environmentally friendly film. On the other hand, it is consistently increasing research and development investment, encouraging research institutions and enterprises to tackle technological challenges related to biodegradable film, continuously optimizing product performance and lowering production costs. At the same time, the government actively organizes various publicity and education activities to raise farmers' awareness of environmentally friendly film and the comprehensive utilization of straw, guiding them to actively participate in agricultural green development initiatives.From an industry development perspective, degradable plastic companies are迎来了新的发展机遇。Enterprises should seize this opportunity, increase RD investment, continuously improve product quality, enhance the cost-effectiveness of degradable mulch films, and strengthen market competitiveness. Actively collaborate with agricultural departments and research institutions to conduct demonstration promotion projects for degradable mulch films, allowing farmers to see and experience firsthand the advantages of degradable mulch films, thereby accelerating their adoption in agricultural production. Additionally, enterprises must strengthen collaborative efforts with upstream and downstream industries to build a complete and efficient industrial chain, jointly promoting green agricultural development and the improvement of rural living environments. (Note: The sentence "迎来了新的发展机遇" was not fully translated as it was likely a placeholder or formatting error in the original text. It is recommended to revise this part for clarity.)With the continuous enhancement of societal environmental awareness and the acceleration of agricultural modernization, the promotion of high-strength thickened mulch films, fully biodegradable mulch films, and the comprehensive utilization of crop straw are bound to embrace a broader development prospect. It is believed that through the joint efforts of all parties, China's rural areas will surely achieve the synergistic progress of economic development and ecological protection, painting a new, more beautiful, livable, and prosperous rural landscape.

Today's market review of PBAT:Today's market PBAT price range is 9850-10550 yuan, with a market median of 10250 yuan.The following are today's market quotation details:

Today's PLA Market Brief Review:Today's full-market PLA quotation range is 17,000-19,500 yuan, with a median of 18,000 yuan in the market.Here is today's market price details:

Editor | Microstructure Factory The "Forum on the Transformation of Biotechnology Achievements into New Quality Productivity and High-level Talent Exchange Conference," hosted by the Center for Synthetic and Systems Biology at Tsinghua University and organized by MicroConstruct, Angel Yeast, and the Hubei Provincial Synthetic Biology Industry Technology Innovation Consortium, was successfully held on March 30.This conference focuses on the core theme of "collaborative innovation in industry, academia and research to promote the new quality productive forces in biological manufacturing". It brings together top experts from academic, industrial and investment circles at home and abroad to discuss the frontier technologies, industrialization paths and future development trends in the field of synthetic biology and green materials.Academician Ma Guanghui from the Chinese Academy of Sciences, Zhang Xian'en, Dean of the School of Synthetic Biology at Shenzhen University of Technology, Mei Yonghong, Executive Director of BGI Group and Chairman of Huagu Institute, Xiang Hua, Director of the Tianjin Institute of Industrial Biotechnology, Chinese Academy of Sciences, Professor Xu Ping from Shanghai Jiao Tong University, Professor Xu Hong from Nanjing Tech University, Zhang Deguo, General Manager of COFCO Biochemical, Han Lei, Vice President of Siemens China, Liu Jiwen, Vice President and General Manager of Consumer Solutions for Asia Pacific at Solenis, Chen Pingxu, Chairman of Kingfa Sci. Tech., Chen Liping, Executive President of BBCA Group, Song Weiping, President of Dabeinong Group, Xu Ping, Chairman of HuiLi Pharmaceutical, Shi Yudong, Director of Research and Development Cooperation at Mengniu Dairy, Zhao Jibin, Chairman of Shanghai Wodi Intelligent and Jiekai Star, Yang Yihu, Chairman of Guanghua Weiye, Pei Qiong, Chief Engineer of Donghua Technology, Luo Wei, General Manager of the National Bio-manufacturing Industry Innovation Center, Cong Yongjian, Deputy Director of the National Bio-manufacturing Industry Innovation Center, Steve Pan, Principal of Best Diamond Plastics, Amir Afshar, Co-founder and Chief Product Officer of Shellworks Group, Lin Jinsong, Managing Director of Takasago International Corporation, Gu Honglin, Deputy General Manager of China Chengtong Mixed Ownership Reform Fund, Shi Lu, Director of Kunlun Capital of CNPC, Xu Jianhai, Chairman of Changya New Materials, Lin Guang, Chairman of Huihuang Environmental Protection, and Chen Guoqiang, Director of the Center for Synthetic and Systems Biology at Tsinghua University, the forum's host, along with Xiong Tao, Chairman of Angel Group, Qin Xianwu, Chief Engineer of Angel Yeast, Zhang Yan, Director of Angel Research Institute, Xu Xuanming, Chairman of MicroBio Engineering, Cai Guoliang, Chairman of MicroQi Biotechnology, and other top experts from academia, industry leaders, and investment leaders attended the event and engaged in in-depth discussions.Professor Chen Guoqiang, Director of the Center for Synthetic and Systems Biology at Tsinghua University, and Mr. Xiong Tao, Party Secretary and Chairman of Hubei Angel Biotech Group Co., Ltd., delivered speeches at the conference.▲ Director Guoqiang Chen of the Center for Synthetic and Systems Biology at Tsinghua University Xiong Tao, Party Secretary and Chairman of Hubei Angel Biological Group Co., Ltd.Academician Ma Guanghui of the Chinese Academy of Sciences gave a report titled "Microsphere Technology and Synthetic Biotechnology: Integration of Industry-Academia-Research Innovation in the Medical Field," sharing the innovative applications and industrialization progress of microsphere technology in the medical field.▲ Academician Ma Guanghui of the Chinese Academy of SciencesZhang Xian'en, a researcher at the Shenzhen Institute of Advanced Technology of the Chinese Academy of Sciences and Dean of the School of Synthetic Biology at Shenzhen University of Technology, delivered a report titled "Synthetic Biology Biomanufacturing," introducing the cutting-edge technologies and industrialization pathways of synthetic biology in the field of biomanufacturing.▲ Zhang Xian'en, Researcher at the Shenzhen Institute of Advanced Technology, Chinese Academy of Sciences, and Dean of the School of Synthetic Biology at Shenzhen University of TechnologyChen Guoqiang, the director of the Center for Synthetic and Systems Biology at Tsinghua University, gave a report titled "Autonomous Strain Platforms and Next-Generation Industrial Biotechnology: The Industrialization Process of Industry-Academia-Research Collaboration," sharing the application of autonomous strain technology in biomanufacturing.▲ Chen Guoqiang, Director of the Center for Synthetic and Systems Biology at Tsinghua UniversityHua Xiang, the Director of the Tianjin Institute of Industrial Biotechnology at the Chinese Academy of Sciences, delivered a report titled "Biomanufacturing: From Technological Innovation to Industrial Empowerment," exploring the practical path of biomanufacturing technology transitioning from the laboratory to industrialization.▲ Director Xiang Hua of the Tianjin Institute of Industrial Biotechnology, Chinese Academy of SciencesProf. Xu Ping, Distinguished Professor of Shanghai Jiao Tong University, Deputy Director of the State Key Laboratory of Microbial Metabolism, and Founder of Si Peng Bio, delivered a report titled "Negative Carbon Synthetic Biology: Manufacturing and Prospects of Biomaterials and Biofuels," introducing the innovative application prospects of negative carbon synthetic biology technology in the fields of materials and fuels.Xu Ping, Distinguished Professor at Shanghai Jiao Tong University, Deputy Director of the State Key Laboratory of Microbial Metabolism, and Founder of Sipeng Biotechnology.Professor Xu Hong from Nanjing Tech University and founder of Nanjing Xuan Kai Biotechnology Co., Ltd., gave a report entitled "Green Manufacturing and Applications of Biopolymer Materials," sharing the latest developments and applications of biopolymer materials in green manufacturing.▲ Xu Hong, Professor at Nanjing Tech University and Founder of Nanjing Xinkai Biotechnology Co., Ltd.Luo Wei, General Manager of the National Bio-Manufacturing Industry Innovation Center and Director of the Industrial Innovation and Transformation Center at the Shenzhen Institute of Synthetic Biology, delivered a report titled "Building the Synthetic Biology Industry Ecosystem in Shenzhen," showcasing Shenzhen's innovative practices in constructing a synthetic biology industry ecosystem.▲ Luo Wei, General Manager of the National Biomanufacturing Industry Innovation Center and Director of the Industrial Innovation and Transformation Center at the Shenzhen Institute of Synthetic Biology InnovationXu Xuanming, Chairman of Beijing Microstructure Workshop Biotechnology Co., Ltd., delivered a report titled "From NGIB to PHA: Building a Global Industrial Chain Ecosystem Innovation Based on Scientific Breakthroughs," outlining the company's global industrial layout in the PHA biomaterials sector. ▲ Xu Xuanming, Chairman of Beijing Microstructure Biotechnology Co., Ltd. Tan Xianwu, Chief Engineer of Angel Yeast Co., Ltd., delivered a report titled "From Lab to Industrialization: The Innovation Path of Yeast Protein," sharing the innovative practices of yeast protein from scientific research to industrialization.Chief Engineer of Angel Yeast Co., Ltd. Qin XianwuJiwen Liu, Vice President and General Manager of Consumer Solutions for Solenis in the Asia-Pacific region, delivered a presentation titled "Turning the Page on Packaging: Navigating the Shift to Paper," exploring the trend of the packaging industry transitioning from traditional materials to paper-based materials.▲ Liu Jiwen, Vice President and General Manager of Consumer Solutions for Solenis Asia PacificWang Ailian, General Manager of the Engineering Center at Siemens (China) Ltd.'s Process Automation Division, delivered a report titled "Driving the Future of Intelligent Manufacturing Ecosystem: The Path to Digital Transformation in Biomanufacturing," sharing cutting-edge technologies and practices in the digital upgrade of biomanufacturing. Wang Ailian, General Manager of the Engineering Center of the Process Automation Division of Siemens (China) Co., Ltd.Zhao Jibin, the chairman of Shanghai Vidi Intelligent Equipment Co., Ltd. and Shanghai Jikexing Biotechnology Co., Ltd., gave a presentation titled 'From Laboratory to Market: The Path of Scientific Research Conversion for Biomass Protein and Enzyme Preparations.' He introduced the transformation process from scientific research to market for proteins and enzyme preparations. ▲ Zhao Jibin, Chairman of Shanghai Jikai Star Biotechnology Co., Ltd.Chen Fang, Senior RD Manager of the Ambient Packaging RD Department of China Mengniu Dairy Co., Ltd., delivered a report titled "From Source to Destination: Thoughts on Packaging Life Cycle Management and Synthetic Biotechnology," exploring the integration of packaging life cycle management and synthetic biotechnology. ▲ Mengniu Dairy - Senior RD Manager of Ambient Temperature Packaging RD Department, Chen FangMr. Amir Afshar, Co-Founder/Chief Product Officer of Shellworks Group Limited, delivered a report titled "Manufacturing with Nature," sharing innovative applications of natural manufacturing technology in biomanufacturing.▲ Shellworks Group Limited Co Founder/Chief Product Officer Mr. Amir AfsharThe Chief Engineer of Donghua Technology Co., Ltd. of China National Chemical Engineering, Pei Qiong, gave a report titled "Empowerment of Intelligent Manufacturing Innovation Engineering Technology for the Development of the Biomanufacturing Industry," introducing the empowering role of intelligent manufacturing technology in the biomanufacturing industry.▲ Chief Engineer Pei Qiong of China National Chemical Engineering Donghua Technology Co., Ltd.During the roundtable forum, Mei Yonghong, Executive Director of BGI Group and Chairman of Huagu Research Institute, served as the host and engaged in an in-depth discussion with Song Weiping, President of DBN Group; Chen Liping, Executive President of Fengyuan Group; Lin Jinsong, Executive Director of Nippon Kasei; Yang Yihu, Chairman of Guanghua Weiye; and Cong Yongjian, Deputy Director of the National Bio-Manufacturing Industry Innovation Center, focusing on the theme "Focusing on PHA Biodegradable Materials: Where are the Application Scenarios?" They explored the application potential of PHA biodegradable materials in fields such as healthcare, packaging, environmental protection, and 3D printing, and reached a consensus on the future development of PHA biodegradable materials and other bio-manufactured products, highlighting their significant role in promoting a green low-carbon economy and sustainable development. ▲ Roundtable SessionDuring the signing ceremony at the conference, Beijing Microactories Biotechnology Co., Ltd. signed agreements with companies including China Mengniu Dairy Company Limited, Solenis, Siemens (China) Co., Ltd., Finlay Therapeutics (Suzhou) Co., Ltd., Hefei Hengxin Life Science Technology Co., Ltd., Novonesis, Shenzhen Guanghua伟业 Co., Ltd., Ningbo Changya New Material Technology Co., Ltd., and Best Diamond Plastics LLC. These signings encompassed eight cooperation agreements focused on deep collaboration across the entire industrial chain of PHA biomaterials, spanning RD, production, manufacturing, product development, and market distribution. These collaborations not only cover the entire chain from RD to market but also integrate the technical, resource, and channel advantages of all parties, injecting strong momentum into the construction of a green and low-carbon industrial ecosystem and the globalization of bio-manufacturing technology.Guangdong Huate Machinery Co., Ltd., Jiangsu Giant Machinery Co., Ltd., Vitasse (Nantong) Biotechnology Co., Ltd., Diple Intelligent Technology (Shenzhen) Co., Ltd., Beijing Chen Yitong Technology Co., Ltd., Shanghai SiPeng Technology Co., Ltd., Hubei Meiqi Health Technology Co., Ltd., and other companies provided strong support for the conference by setting up booths at the forum site.The conference concluded successfully amidst warm applause, but the future of biomanufacturing is just beginning. The successful hosting of this conference not only showcased the latest technological breakthroughs in the fields of synthetic biology and biomanufacturing but also provided an important platform for collaborative innovation between industry, academia, and research. It is believed that in the future, with the continuous advancement of synthetic biology technology and the acceleration of industrial application, biomanufacturing will become a new productive force driving the development of a global green low-carbon economy.Let us look forward to the deep integration of industry, academia, and research, which will bring more green materials and biotechnology from the laboratory to the market, injecting strong momentum into the construction of a sustainable industrial ecosystem!