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On May 10, the National Development and Reform Commission (NDRC) and the Ministry of Commerce (MOFCOM) publicly solicited opinions on the Catalogue of Industries to Encourage Foreign Investment (2022 Version) (Draft). The deadline is June 10, 2022.

Chemical fiber manufacturing includes PLA fiber, PHA fiber, PBS, PBS is the first time to enter the "catalog".

The rubber and plastic products industry includes the development, production and application of biodegradable plastics and their products, as well as the development of pollution-free and biodegradable agricultural films

The contents related to degradation and bio-based industries in the Catalog are sorted as follows:

Catalogue of Industries encouraged by Foreign Investment in China (Petroleum and Chemical Industries)

Chemical fiber manufacturing

Differential, functional polyester (PET) continuous copolymerization modification [cationic dyeable polyester (CDP, ECDP), alkali soluble polyester (COPET), high shrinkage polyester (HSPET), flame retardant polyester, low melting point polyester, non-crystalline polyester, biodegradable polyester, polyester produced by green catalyst, etc.]; High efficiency and flexible preparation technology research and development of flame retardant, anti-static, anti-UV, anti-bacterial, phase change energy storage, photochromic, liquid coloring and other differentiated functional chemical fibers; Intelligent, super simulation and other functional chemical fiber production; Original development of high speed spinning processing with green and efficient environmental protection oil production

Using new renewable resources and green environmental protection process to produce biomass fiber, including new solvent cellulose fiber (Lyocell), bamboo, hemp as raw materials of regenerated cellulose fiber, polylactic acid fiber (PLA), chitin fiber, polyhydroxyl fatty acid ester fiber (PHA), animal and plant protein fiber, polybutylene succinate (PBS), etc

Rubber and plastic products

Development, production and application of biodegradable plastics and their products

Development of new photoecological multifunctional wide agricultural film, pollution-free and degradable agricultural film, recovery and reuse of waste plastics in production

Plastic flexible packaging new technology, new products (high barrier, multifunctional film and raw materials) development, production

Agricultural and sideline food processing industry

The development and production of biological ethanol (excluding grain conversion to ethanol)

Catalogue of Advantageous Industries for Foreign Investment in Central and Western China (Petroleum and Chemical Industries)

Shanxi, Liaoning, Jilin, Heilongjiang, Anhui, Henan, Hubei and Hunan involve the development, production and utilization of biomass energy

Anhui, Guangxi and Yunnan are involved in the production of bio-liquid fuels (fuel ethanol and bio-diesel) using cassava, jatropha, rubber seed and other non-food plants as raw materials

Jilin Province: research and development, production and processing of biodegradable base materials and products

Jiangxi Province: annual output of more than 100,000 tons using cassava plant bio-liquid fuel production

Chongqing: carbon dioxide recovery, carbon monoxide and other special industrial gas preparation and application

Guizhou Province: adipic acid production

"Hongyang" brand polypropylene high strength yarn products have small color difference, good color fastness, high strength, and are widely used in decorative belts, safety belts, marking lines, etc.The company's main product:  polypropylene high strength yarn , polypropylene filament, polypropylene air change yarn，polyester air change yarn, ribbon

Taixing Hongyang New Materials Technology Co., Ltd. has consistently adhered to the "excellent quality, customer first, quality service, adhere to the contract," the purpose, with high-quality products, good reputation, selling the country. Wholeheartedly with the domestic business win-win cooperation and common development!