March 2023 Compounding News (I)

Highlight! Premier Li Keqiang: We will accelerate the development of emerging industries such as wind power

Premier Li Keqiang delivered the government work report on behalf of The State Council at the opening session of the first session of the 14th National People's Congress (NPC) at the Great Hall of the People. Among them, "energy" and "wind power" related contents are as follows: promote the industry to advance to the middle and high-end. We will strictly enforce laws and standards on environmental protection, quality, and safety, and eliminate outdated production capacity. We will carry out a campaign to strengthen the chain in key industries. We will launch a number of projects to rebuild the industrial infrastructure. Enterprises will be encouraged to speed up equipment upgrading and technological upgrading, and the preferential policy for accelerated depreciation of fixed assets will be extended to all manufacturing industries. We will accelerate the development of emerging industries such as high-end equipment, biomedicine, new-energy vehicles, photovoltaic and wind power. We will continue to increase the speed of the Internet and reduce costs, and develop the Internet Plus. The number of mobile Internet users increased to 1.45 billion. We supported the development of the industrial Internet and strongly promoted the digitalization and intellectualization of the manufacturing industry. There are more than 70,000 small and medium-sized enterprises specializing in innovation. We will promote the healthy and sustainable development of the platform economy, and give full play to its role in stimulating employment and entrepreneurship, expanding the consumer market, and innovating production modes. We will develop producer services such as R&D, design, modern logistics, inspection, testing and certification. We will strengthen overall quality control and build quality infrastructure. The quality and competitiveness of made-in-China products are constantly improving.

Cumulative installed capacity exceeded 700 million kW, and the new energy industry became more competitive

In 2022, China's photovoltaic industry performed brilliantly in the international market, with total exports exceeding $51.2 billion, up 80.3 percent year on year. After many years of intensive cultivation, the competitiveness of Chinese wind power photovoltaic industry has been greatly improved, and the proportion of global market share of photovoltaic modules, wind power generators, gear boxes and other key components has increased to 70%. In China, wind power PV has also become the main body of newly installed power generation and newly increased power generation, accounting for 78 percent and over 55 percent respectively in 2022, with cumulative installed capacity exceeding 700 million kW, equivalent to more than 30 Three Gorges power stations.

Harbin aviation equipment innovative industry cluster has been promoted to the national level

Harbin aviation equipment innovative industry cluster, which was declared by Harbin Science and Technology Bureau, was determined as a national innovative industry cluster by the Ministry of Science and Technology, which is one of the only two innovative industry clusters in the country with the aviation equipment industry as the main body. The industrial cluster has gathered 108 core supporting enterprises, including 71 high-tech enterprises. The cluster has 77 scientific research institutions, the total industrial output value of 45.7 billion yuan. It is reported that Harbin city is one of the birthplaces of new China's aviation industry, aviation industry Group Hafei, Air China Fa East An, Northeast Light alloy three central enterprises are located here. Our country the first helicopter straight 5, the first light jet bomber bomb 5, the first large water anti-submarine bomber water bomb 5 soar here, to Straight 9 series, straight 19 military helicopter, AC312 series, AC352 civil helicopter and transport 12E and 12F fixed-wing aircraft as representative of product system, It has built a product pattern of one machine, multiple models and series development, making outstanding contributions to safeguarding national defense security and regional economic development.

Jilin Chemical Fiber: 12,000 tons/year carbon fiber composite project is fully put into operation

On February 27, Jilin Chemical Fiber Co., LTD made an announcement that the fourth carbonization line of the 12,000-ton/year carbon fiber composites project ran smoothly and produced qualified products, marking that the carbonization line of the company's private equity offering project had been successfully completed. At the same time, the extruding line of the project also entered the preliminary preparation stage of installation. The total investment of the project is about 1.46 billion yuan, mainly through the construction of 12 thousand tons/year carbon fiber composite project.

Vestas has completed a full set of recycling processes for epoxy resin composites

Vestas announced that it has completed a complete process for the recovery of epoxy resin composites.
The fan blades have always been made of epoxy resin composites. As the first wind turbines reach the end of their operating lives, WindEurope, the European wind energy association, predicts that about 25,000 tonnes of blades will be retired each year from 2025.Vestas has completed research on recycling methods for epoxy resin composites. This process eliminates the material restriction on fan blade recycling, and can realize recycling without changing the material composition or design of existing blades. It not only saves the cost of process transformation, but also does not need to bear the risk of quality problems caused by changes in blade material.

Shangwei won "JEC WORLD 2023 Innovation Award in Sports and Leisure"

The first "recyclable thermosetting carbon fiber composite bicycle" made by Shangwei team and its partner "Hangyi Technology Co., LTD." won the Innovation Award "2023 JEC Composites" from the internationally renowned composites organization COMPOSITES INNOVATION AWARDS ".

Solvay and Airborne received funding to develop a composite alternative to metal battery casings

Solvay has announced that its Battery Case Materials Automation (BEMA) project, which aims to develop fully composite solutions for energy efficient battery packs, has received major funding from Innovate UK, Innovate UK is part of UK Research and Innovation, the UK's national innovation agency. The Airborne partnership has received support from Jaguar Land Rover and Vertical. Airborne is a technology leader in manufacturing advanced composite materials using automation and digitization. They see huge market potential in designing more compact, lightweight casings for the high-energy batteries used in future electric cars and airplanes. While the project will recycle composite material waste, they are also interested in the sustainability aspect of the overall project.

Mitsui Chemical plans to build an environmentally friendly carbon fiber demonstration production line to reduce energy consumption by 50 percent

Mitsui Chemical Co., Ltd. and Microwave Chemical Co., Ltd. will jointly establish a production facility to demonstrate basic technologies related to environmentally friendly carbon fiber manufacturing. The demonstration production application facility is scheduled to be completed by December 2023 and will be located at Mitsui Chemical Co. 's Nagoya plant.

Arkema has further expanded its investment in China

Recently, Arkema appeared at the 2023 Zhangjiagang (Shanghai) Investment Promotion Conference of "Jianghai Linkage Meeting in Zhangjiagang" and announced a successful capital increase of 500 million yuan in Zhangjiagang. Arkema (Suzhou) Polymer Materials Co., Ltd. is a wholly-owned subsidiary of Arkema Group and its most important downstream plant for high-performance bio-based polymers in Asia. As one of the Group's flagship products, Advanced Bio-based Circular Materials provided by Zhangjiagang plant are truly sustainable solutions with excellent performance, longer service life and recycling. The capital increase of RMB 500 million in Zhangjiagang will enable the Zhangjiagang factory to further improve its technology and services, support the Group's Symphony* major investment project in Singapore by optimizing the technical modification project to be constructed in 2021, and provide higher quality solutions for the growing Asian market. At the same time, as the group's first target lighthouse factory test base in Asia, Zhangjiagang factory will also take this opportunity to accelerate the upgrade of digital intelligent manufacturing, comprehensively improve the manufacturing level and market response ability.

To accelerate the development of high performance polymer, the first polymer material gene platform in China was born in Shanghai

It was learned from East China University of Science and Technology that AI plus polymer software platform developed by Professor Lin Jiaping's team was born in Shanghai. It is also the first genome research and development platform for polymer materials in China. Artificial intelligence (AI) is making its way into people's lives with more down-to-earth conversations and is becoming a hot topic on social media. The AI plus polymer software platform is the polymer version of ChatGPT for the high performance polymer and composites industry. In the field of aerospace, advanced resin matrix composites have been applied more and more widely.

Dehong Carbon Materials completed tens of millions of yuan Pre-A round of financing and committed to the research and development of carbon fiber composite materials

Recently, Zhejiang Dehong Carbon Fiber Composites Co., LTD. (hereinafter referred to as "Dehong Carbon Materials") announced the completion of tens of millions of yuan of Pre-A round of financing. In 2022, the output value of Dehong carbon materials exceeded 100 million, which created the fastest record from establishment to production in the industry. At the same time, it also created the record of revenue exceeding 100 million in the first year after its establishment in the manufacturing industry. The company is expected to double the output value of last year in 2023, looking forward to growing into an excellent enterprise in the research and development and production of carbon matrix composite materials with industry characteristics.

Weihai Carbon fiber and its high-end composite material equipment engineering research center approved

On March 10, the "Engineering Research Center of Carbon Fiber and high-end Composite Material Equipment" led by Weihai Guangwei Precision Machinery Co., Ltd. was recognized as the engineering research center of Weihai City.
Led by Weihai Guangwei Precision Machinery Co., LTD., with the participation of upstream and downstream units of the industry chain, the engineering Research Center of carbon fiber and high-end composite material equipment is committed to the engineering development of carbon fiber equipment, carbon fiber prepreg equipment, carbon fiber composite material equipment and tooling.

Jilin Chemical Fiber: The company is involved in carbon fiber products covering large and small bundles and multiple levels, including gas cylinders, C/C and other civil and industrial fields

Guofeng New Material recently said in the investor interactive platform, currently the company's projects under construction are orderly and planned to advance: annual output of 1 billion square meters of optical polyester based film project and annual output of 38,000 tons of high-end functional polypropylene film project is in the civil construction stage; At present, the main structure of the workshop and office facilities has been completed, and the first two domestic thermal process production lines have entered the equipment installation stage.

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Data from East China New Material Research Park

The following is the Nanjing Jufa new material public number

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