<h1 class="pgc-h-arrow-right" data-track="38" > domestic news</h1>
Recently, the State Administration of Market Regulation approved the establishment of the National Graphene Materials Industry Metrology and Testing Center (Shenzhen) relying on the Technological Innovation Institute of the Chinese Academy of Metrology and Testing, and the National Graphene Materials Industry Metrology and Testing Center (Beijing) relying on the Beijing Institute of Metrology and Testing Science to better play the technical support and guarantee role of metrology on the graphene material industry, and lead the innovation and development of the graphene material industry and the improvement of quality. It is reported that the Beijing Institute of Metrology and Testing Science has carried out the construction of measurement and testing capabilities including microscopic morphological analysis, chemical composition analysis, product mechanical performance analysis and other measurement and testing capabilities, and actively promotes the transformation of scientific research results, with sufficient technical reserves. Shenzhen has graphene material research and development, transformation, production and application of graphene technology innovation and industrial demonstration cluster, covering the whole process of graphene from research and development, production to application of the whole industry chain, the Chinese Academy of Metrology Technology Innovation Institute in the graphene material measurement standard device, standard substances, quality evaluation and other aspects in the international leading level, has a high level of graphene material measurement testing talent team, with domestic and even international first-class technology and talent advantages.
Recently, the 170,000 tons of styrene thermoplastic elastomer (SBC) project invested by Hainan Baling Petrochemical New Materials Co., Ltd. started construction in Yangpu Economic Development Zone (Petrochemical Functional Zone) and is expected to be put into trial operation at the end of next year. It is understood that the project adopts baling petrochemical SBS, SEBS complete sets of technology (has won the first prize and second prize of the National Science and Technology Progress Award, respectively), and builds an annual output of 170,000 tons of styrene thermoplastic elastomer production device, of which the annual production capacity of SBS is 120,000 tons, and the annual production capacity of SEBS is 50,000 tons.
On the evening of September 27, Huayang New Materials issued an announcement that the total amount of funds raised by the company's proposed non-public issuance of shares will not exceed 550 million yuan, and after deducting the issuance fee, it will be used for the 60,000 tons / year PBAT project, 20,000 tons / year biodegradable modified materials and plastic products project, and 20,000 tons / year full range of biodegradable new material projects. It is understood that after the completion of the construction of huayang new materials, the company will have the ability from the production of PBAT to the downstream modified blown film masterbatch, sheet and plastic products. In addition to partially self-use in downstream production, Huayang New Material also has the ability to provide PBAT raw materials to other downstream units in the market. After the smooth operation of this project, Huayang New Material intends to further expand its investment in the field of PBAT in the future, planning to expand the total production capacity to 300,000 tons / year in stages, while supporting the construction of the upstream raw material BDO of the industrial chain and the production capacity of downstream plastic products. At that time, Huayang New Material will become one of the important biodegradable plastic production bases in Shanxi Province.
On September 29, Jereh issued an announcement that in order to promote the diversification of the company's business, open up the development space in the field of lithium-ion battery anode materials, and form a dual main business strategy of "oil and gas industry" and "new energy industry", the company intends to invest in the lithium-ion battery anode material integration project in Tianshui City, Gansu Province. According to the announcement, the company will register as an enterprise legal person in Tianshui City before December 31, 2021, implement the R&D and manufacturing project of the 100,000-ton lithium-ion battery anode material integration project, and set up research and development, manufacturing, settlement and management agencies. According to the market situation and the company's business development, the company is expected to invest about 2.5 billion yuan before 2025, mainly to build an integrated management building, R & D center, production plant, production line equipment, etc. The actual investment amount is subject to the investment amount implemented by the project, but not less than 2 billion yuan (of which the investment in fixed assets is not less than 80%).
On September 28, Wanhua Chemical issued an announcement that since October 2021, the listing price of Wanhua Chemical Group Co., Ltd. in the China aggregate MDI distribution market is 23,000 yuan / ton (up 2,400 yuan / ton compared with September), the direct market listing price is 23,000 yuan / ton (up 2,400 yuan / ton compared with September); the pure MDI listing price is 23,800 yuan / ton (no change compared with September).
<h1 class="pgc-h-arrow-right" data-track="21" > international news</h1>
As part of Covestro's new strategy for a "sustainable future", it will continue to focus on the circular economy and the structural growth need for sustainable solutions. From China and Europe to the United States, initiatives to reduce greenhouse gas emissions are driving demand, especially in energy-efficient buildings and e-mobility. Against this backdrop, Covestro expects global demand for rigid foam precursors MDI and flexible foam precursorS TDI to rise to 6% annually by 2025. MDI, in particular, demand is approaching the industry's already high capacity utilization rate. At this year's investor conference, Covestro announced that it will restart investment projects in the construction of world-class MDI plants suspended in early 2020. Covestro plans to use energy-efficient AdiP technology for the new project, which is already being applied to the Bloomsbit plant in Germany. The technology can reduce steam and electricity consumption by up to 40% per tonne of MDI produced, thereby reducing CO2 emissions by up to 35%. The company is working on the construction of the world-class MDI plant in the U.S. or China, and the final decision is expected to be made after the end of the current project phase. The new plant is scheduled to start operations in 2026.
Recently, Evonik and Samaplast, a Swiss high-performance polymer injection molding specialist, successfully produced a prototype spine implant based on bone conductive polyetheretherketone (PEEK) material through the injection molding process. This achievement combines the expertise of both parties to validate the excellent processability of the new bone conductive polymer VESTAKEEP® Fusion. Evonik and Samaplast will present the first prototype intervertebral fusion devices for intervertebral implants, which can be used to fill the intervertebral space that has been removed due to disc degeneration. The launch of vestaKEEP® Fusion marks the official launch of Evonik's next-generation PEEK-based implant materials product line. VESTAKEEP® Fusion contains a special functional additive, biphasic calcium phosphate, which accelerates bone healing and rehabilitation. In vitro studies have demonstrated that vestakeep fusion's cell attachment and cell proliferation exceed 30% compared to pure VESTAKEEP®® PEEK.
According to foreign media recent news, Capital Power Corporation has announced a 15-year renewable energy power purchase agreement with Dow Chemical Canada ULC, a subsidiary of Dow, to purchase 25MW of electricity and related environmental attributes for The Whitla Wind 2 project currently under construction by Dow in southeast Alberta. The 151MW Whitla Wind 2 project, which is currently under construction, is expected to come online and produce renewable energy by the end of 2021 – the completion of the Whitla Wind facility will make it the largest wind facility in Alberta with a capacity of 353MW.
On September 27, Cargill, a U.S. agribusiness, said it would acquire Arkema's epoxygenated vegetable oil business. The acquisition will close in the fourth quarter of 2021. Arkema said the business is valued at $38.8 million, 10 times its EBITDA. The business has sales of $40 million/year and includes a facility in Blooming Meadows, Minnesota, USA. It combines soybean oil and other vegetable oils with hydrogen peroxide to produce epoxides. Cargill said the acquisition will make it an integrated producer of bio-based plasticizers and polyols.
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