Dawn shares degradable plastics project welcome progress, is expected to be put into production in February 2024
Recently, Dawn shares on the investor interactive platform for investors on the company's degradable plastic project progress and production capacity sales of questions for detailed answers.
It is reported that Dawn shares are currently actively promoting the 120,000 tons/year full biodegradable plastic PBAT project. Among them, the first phase of the 60,000-ton project was originally planned to be put into production in August 2023, but in order to improve product quality and competitiveness, the company has reformed and upgraded the equipment. This move is designed to ensure the safe and smooth operation of the plant, as well as to achieve a longer operating cycle. Dawn Shares has submitted an application document for the trial production extension to the local emergency management department, and expects the project to officially start production in February 2024.
It is reported that although the proportion of degradable materials in the overall sales of Dawn shares is still small, the company is confident in the development prospects of this field. This equipment transformation and product upgrade will not only help improve the production capacity and efficiency of the PBAT project, but also further enhance Dawn's competitiveness in the degradable plastics market. With the increasing attention to environmental protection issues around the world, the degradable plastics market is expected to usher in a broader space for development, and Dawn shares will also take this opportunity to achieve greater development.