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BBCA Group's bio-based material project progress in Q4

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Publish time: 18th December, 2023      Source: CCM
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    Summary: As of Q4, there are updates regarding to BBCA Group's three bio-based material projects, which are 100,000 t/a polylactic acid (PLA) project—completed, the 15,000 t/a lactic acid (LA) and 5,000 t/a acid mixture (incl. 3,000 t/a succinic acid) project—publicised prior to approval, and the 100,000 bio-based polyol project—reapplication approved.   

  

    China BBCA Group Corporation (BBCA Group)'s three bio-based material projects attained progresses for construction in Q4, undertaken by three subsidiaries respectively.   

  

        

  

    1. The 100,000 t/a polylactic acid (PLA) project   

  

    On 21 Nov., Anhui BBCA Biochemical & Futerro PLA Co., Ltd. (Futerro PLA)'s 100,000 t/a PLA project was completed with publicised details as follows:   

  
  •     Construction nature: New construction   
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  •     Location: Economic Development Zone of Guzhen County, Bengbu City, Anhui Province   
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  •     Total investment: USD48.76 million (RMB350.00 million), 2.66% (=USD1.30 million/RMB9.31 million) of which for environmental protection   
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  •     Site area: 33,133 m2   
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  •     Construction content: PLA workshop and the public and auxiliary utilities   
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  •     Designed capacity: 100,000 t/a PLA   
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  •     Main material consumption: 121,423 t/a Self-produced lactic acid   
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  •     Production route: "Two-step" approach (microwave heating and conventional heating in the ring-opening polymerisation (ROP) of lactide)   
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  •     Construction period: broke ground in Nov. 2019 and entered trial production in Oct. 2022   
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  •     This project was originally designed for 70,000 t/a PLA and 30,000 t/a PLA fibre. However, under the comprehensive consideration of changes in market and economy, the designed process for 30,000 t/a PLA fibre is cut down to 30,000 t/a PLA, making this project's total capacity to 100,000 t/a PLA.   
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        Futerro PLA was set up in April 2018 with a registered capital of RMB189 million, and it primarily operates in R&D, production and sale of PLA and the related materials and products.   

      

            

      

        2. The 15,000 t/a lactic acid (LA) and 5,000 t/a acid mixture project   

      

        On 10 Nov., the Ecology and Environment Bureau of Guzhen County disclosed Anhui Xingguang Biotechnology Co., Ltd. (Xingguang Biotech)'s pre-construction environment assessment statement of the 15,000 t/a LA and 5,000 t/a acid mixture project prior to approval granting, and details are as follows:   

      
  •     Construction nature: Reconstruction   
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  •     Location: Economic Development Zone of Guzhen County, Bengbu City, Anhui Province   
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  •     Total investment: USD7.66 million (RMB55.00 million), 0.54% (=USD41,800/RMB300,000) of which for environmental protection   
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  •     Site area: 6.6 ha, no extra land to be taken   
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  •     Construction content: Reconstruct the installed ferric phosphate (FePO4) production line (a part of Xingguang Biotech's project of anode materials for lithium iron phosphate-based battery), and purchase a series of production equipment   
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  •     Designed capacity:   
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  •     Main product: 15,000 t/a LA and 5,000 t/a acid mixture   
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  •     By-product: 3,000 t/a succinic acid and 3,000 t/a calcium malate   
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        Xingguang Biotech was founded in Aug. 2016 with a registered capital of RMB105 million, and it primarily operates in R&D, production and sale of bio-based materials, food and feed additives.   

      

            

      

        3. The 100,000 t/a bio-based polyol project (reapplied project)   

      

        On 2 Nov., Anhui Huaihai Biotechnology Co., Ltd. (Huaihai Biotech)'s reapplication of the environmental impact statement of the 100,000 t/a bio-based polyol project was approved by the Ecology and Environment Bureau of Bengbu City, Anhui Province, and details are as follows:   

      
  •     Construction nature: New construction   
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  •     Location: Economic Development Zone of Guzhen County, Bengbu City, Anhui Province   
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  •     Total investment: USD53.03 million (RMB378.00 million), 2.12% (=USD1.11 million/RMB8.00 million) of which for environmental protection   
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  •     Site area: 18,333.33 m2   
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  •     Construction content: Purchase and install production and supporting equipment in the rental factory buildings, and build storage house and public and auxiliary utilities   
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  •     Designed capacity: 100,000 t/a bio-based polyols—90,000 t/a lactide polyol and 10,000 t/a polycarbonate polyol   
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        Huaihai Biotech was founded in Sept. 2021 with a registered capital of RMB50 million, and it mainly operates in R&D, production and sale of LA, PLA series products, amino acid series products, and other bio-based materials.   

      Source:CCM

      

      More iinformation can be found at CCM Bio-based Materials China Quarterly Report.

      

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