高吸水性树脂（简称SAP） 是一种具有松散网络结构的低交联度的亲水性高分子化合物，也被称为超吸水性材料、吸水性凝胶材料等，具有吸收自重几百倍甚至 上千倍水的能力，吸水速率快，保水性能好，即使加压也难把水分离出来，也难溶于有机溶剂，还具有高膨胀性、吸氨性等特性。主要应用于卫生、农业园艺、 土壤改造、环保等行业。 随着人口老龄化的逐步加深，以及消费观念的逐渐改变等因素存在，同时配合规范生产、持续推广等外在助力的影响，成人失禁尿片将 成为SAP下一个新增需求点。 【DT新材料】 获悉，日前， 上海华谊新材料有限公司SAP二期项目顺利通过集团中交检查。 据悉，20 15年， 上海华谊新材料有限公司 在华谊丙烯酸公司的基础上成立，并在上海化工区建立了一个以丙烯酸及酯项目为产业基础、以催化剂项目和高吸水 性树脂项目为核心竞争优势、以丙烯酸及酯新技术升级为抓手的生产基地。建设涵盖32万吨/年丙烯酸、32万吨/年丙烯酸丁酯、8.4万吨/年冰晶型丙烯酸、6万吨/ 年丙烯酸甲/乙酯、6万吨/年丙烯酸异辛酯、 10万吨/年高吸水性树脂（SAP） 和1200吨/年催化剂的智能化工厂。 2017年，32万吨/年丙烯酸及酯项目一期工程投 ...

Core Viewpoint - The 2025 Marine Clean Energy Technology and Equipment Summit Forum will focus on innovative technologies needed for integrated development, rapid scaling of successful demonstration projects, and solutions to deep-sea construction cost challenges, taking place from July 23-25 in Nantong [1]. Group 1: Forum Overview - The forum will include discussions on key topics such as innovative technology drivers for integrated development and strategies for scaling successful demonstration projects [1]. - It will feature various activities including the Youth Scientist 10² Forum, an industry development and innovation technology conference, and specialized forums [1]. Group 2: Organizing Institutions - The forum is jointly organized by the Yangtze River Delta Shipbuilding and Offshore Equipment Technology Innovation Center, the Yangtze River Delta Offshore Wind Power Intelligent Operation and Maintenance Innovation Alliance, and the Jiangsu University of Science and Technology [4]. - Notable co-organizers include Southeast University, Harbin Engineering University, and Ningbo University [4]. Group 3: Keynote Speakers and Experts - Torgeir Moan, a foreign academician of the Chinese Academy of Engineering, and Xu Lixin, director of the Yangtze River Delta Shipbuilding and Offshore Equipment Technology Innovation Center, will serve as forum chairs [4]. - Various experts from leading universities and research institutions will lead specialized forums on offshore wind power, marine energy, and Power to X technologies [5][6]. Group 4: Agenda Highlights - The agenda includes a focus on the development trends of the marine clean energy industry, the "14th Five-Year Plan" policy outlook, and discussions on creating a comprehensive innovation system [12]. - Key presentations will cover topics such as the development of new wave energy and tidal energy devices, and the challenges of deep-sea development [13][15]. Group 5: Registration and Participation - Registration fees are set at ¥3200 for corporate representatives who register and pay in advance, and ¥2800 for research representatives [47]. - Participants are required to register and collect their materials at the venue upon arrival [44].

Core Viewpoint - Huadian New Energy officially listed on the Shanghai Stock Exchange on July 16, raising a total of 18.171 billion yuan, marking it as the largest IPO in the year and the largest listed company in China's new energy power generation capacity [1][3]. Group 1: Company Overview - Huadian New Energy, established in August 2009 and based in Fuzhou, Fujian, is the final integration platform for wind and solar energy businesses of China Huadian, one of the five major power generation groups in China [1]. - The company has a substantial project reserve of 132 GW and is actively exploring new business areas such as "new energy + energy storage" and "new energy + hydrogen" [1]. - The company has a strong shareholder base, with major shareholders including Fujian Huadian Furu Energy Development Co., Ltd. (46.06% stake), Huadian International, China Life, and several other prominent investment firms [1]. Group 2: Financial Performance - As of the end of 2024, Huadian New Energy's installed capacity reached 68.6171 million kilowatts, with wind power accounting for 32.0245 million kilowatts (6.15% market share) and solar power for 36.5926 million kilowatts (4.13% market share) [3]. - The company's revenue has shown consistent growth over the past three years, reaching 24.673 billion yuan in 2022, 29.580 billion yuan in 2023, and projected to reach 33.968 billion yuan in 2024, with a compound annual growth rate of 11.3% [3]. - In 2024, the revenue from wind power was 22.741 billion yuan (67.52% of total revenue), while solar power contributed 10.939 billion yuan (32.48%) [3]. Group 3: Profitability Metrics - The net profit for Huadian New Energy was reported at 8.522 billion yuan in 2022, 9.620 billion yuan in 2023, and is projected to be 8.831 billion yuan in 2024, with a net profit margin of 27.91% and a return on equity of 10.16% in 2024 [4]. - In the first quarter of 2025, the company reported a revenue of 9.628 billion yuan, a year-on-year increase of 16.19%, and a net profit of 2.922 billion yuan, up 5.89% year-on-year [5].

Core Viewpoint - The ExxonMobil Huizhou Ethylene Project Phase I has officially commenced production, marking a significant milestone as the first major petrochemical project wholly owned by a U.S. company in China and the first foreign-funded petrochemical project in the Guangdong-Hong Kong-Macao Greater Bay Area [1] Group 1: Project Overview - The total investment for the ExxonMobil Huizhou Ethylene Project is $10 billion, with Phase I including a flexible feed steam cracking unit with an annual capacity of 1.6 million tons of ethylene, two high-performance linear low-density polyethylene units with a combined annual capacity of 1.2 million tons, the world's largest single-unit low-density polyethylene unit with an annual capacity of 500,000 tons, and two differentiated high-performance polypropylene units with a combined annual capacity of 950,000 tons [1] - The ethylene production capacity of 1.6 million tons per year is the largest for a single unit in China [1] Group 2: Product Applications and Market Impact - The project will produce high-value basic chemical raw materials such as ethylene, polyethylene, and polypropylene, significantly enhancing China's self-sufficiency in high-quality raw materials like metallocene polyethylene and high-end polypropylene, thereby reducing reliance on imports of high-performance polyolefins [2] - The high-performance polyethylene produced can be used in packaging, medical materials, industrial, and consumer goods, while high-performance impact copolymer polypropylene (ICP) and non-woven polypropylene can be utilized in automotive, home appliances, hygiene, and personal care products, meeting diverse material demands across various industries [2] Group 3: Environmental and Sustainable Development - Some products will utilize recyclable materials, supporting lower carbon emissions in product applications and assisting customers in achieving sustainability goals [3] - The project adopts an external pre-treatment mode for environmental protection, which is a first in China, and the supporting comprehensive energy station can utilize process tail gas for combustion, achieving clean energy recycling [3] Group 4: Research and Development Initiatives - In February 2023, the ExxonMobil Daya Bay R&D Center began construction, equipped with the first pilot plant for polypropylene outside North America, aimed at accelerating the development of differentiated high-performance polypropylene and focusing on basic chemical research and product process development [4] Group 5: Industry Context - As of the end of 2024, China's ethylene production capacity is expected to reach approximately 57 million tons per year, a year-on-year increase of 5.3%, accounting for about 23% of global ethylene capacity. By the end of 2025, China's ethylene capacity is projected to exceed 70 million tons per year with an additional 13.3 million tons of capacity being added [5]

Core Viewpoint - The significant growth in Shanshan Co., Ltd.'s net profit for the first half of 2025 is attributed to its focused industrial chain strategy and strong performance in its core business segments, particularly in an environment of recovering demand in the new energy sector [3][4][8]. Group 1: Financial Performance - Shanshan Co., Ltd. expects a net profit attributable to shareholders of 160 million to 240 million yuan for the first half of 2025, representing a year-on-year increase of 810.41% to 1265.61% [3]. - The company's non-recurring net profit is projected to be between 130 million and 195 million yuan, with a year-on-year growth rate of 443.79% to 715.68% [3]. Group 2: Business Segments - The two core business segments, negative electrode materials and polarizers, are expected to generate a combined net profit of 350 million to 450 million yuan, serving as key drivers for overall profitability [5]. - In the negative electrode materials segment, Shanshan has maintained a leading position in artificial graphite technology, with significant increases in both prices and shipments due to the recovery of the new energy vehicle supply chain [5][6]. - The polarizer segment has seen rapid growth since Shanshan's acquisition of LG Chem's polarizer assets in 2020, with the company successfully transitioning to high-end applications in OLED and automotive displays [7]. Group 3: Market Position and Strategy - Shanshan is among the top three global suppliers of negative electrode materials, establishing a stable customer base with major battery manufacturers [6]. - The company has expanded its production capacity in various locations, which has helped reduce unit costs and support its growth strategy [7]. - The polarizer market in China reached 7.1 billion yuan in 2023 and is expected to exceed 10 billion yuan by 2025, with a compound annual growth rate of over 20% [7]. Group 4: Challenges and Future Outlook - Despite strong performance in core businesses, Shanshan faces challenges from its joint venture with BASF, which is expected to incur losses of 150 million to 170 million yuan, negatively impacting net profit [8]. - The company's ability to maintain high-quality growth will depend on its execution in high-end product development, overseas market expansion, and risk management [8].

Core Viewpoint - The 2025 Polymer 3D Printing Materials Summit focuses on the opportunities and challenges in additive manufacturing, showcasing advancements in various 3D printing technologies and materials across multiple specialized sessions [3][4][5][6][7][8]. Group 1: Summit Agenda - The summit will take place from July 18 to July 20, 2025, in Hangzhou, Zhejiang, featuring a series of sessions on different aspects of 3D printing [12][13]. - The opening ceremony and main forum will discuss the opportunities and challenges in additive manufacturing on July 19, 2025 [3][12]. - Specialized sessions will cover topics such as AI in 3D printing, ceramic 3D printing, biomedical applications, and industrial applications [4][5][6][7][8]. Group 2: Key Sessions and Topics - The main forum will include presentations on sustainable high-performance photopolymer 3D printing and bio 3D printing applications [3][4]. - The AI and 3D printing session will explore machine learning for continuous composite material 3D printing and near-infrared light-assisted inkjet printing [4]. - The ceramic 3D printing session will address trends in the industry and advanced manufacturing technologies [5]. - The biomedical 3D printing session will focus on applications in bone and cartilage regeneration and the development of biodegradable materials [6]. - The industrial 3D printing session will highlight high-performance polymer materials and their applications in aerospace [7][8]. Group 3: Event Logistics - The event will be held at the Sheraton Hangzhou Longxi Hotel, with special accommodation rates available for attendees [15]. - Registration fees are set at ¥2800 for corporate and research representatives and ¥1800 for students if paid online before July 18 [19]. - The summit is organized by Ningbo Detai Zhongyan Information Technology Co., Ltd., with support from various academic and research institutions [10].

Core Viewpoint - China National Chemical is planning an asset restructuring involving the acquisition of 100% equity in Nantong Xingchen Synthetic Materials Co., Ltd. from China BlueStar Group through a share issuance [1][5]. Company Overview - Nantong Xingchen was established in August 2000 with a registered capital of 800 million yuan, originally founded as a chemical plant in 1974. It has a total production capacity exceeding 400,000 tons, with leading positions in several chemical products [2]. - The company holds a significant market position in PBT, PPE, and epoxy resin, ranking first in PPE domestically and second globally, while also being a national champion in the production of polyphenylene ether [2][3]. Market Context - The domestic market for electronic-grade polyphenylene ether is heavily reliant on imports, with over 80% of the supply coming from foreign companies, highlighting a significant opportunity for domestic production [3]. - The chemical industry is currently facing a downturn, with low prices affecting major products, leading to a projected net loss for China National Chemical in the first half of 2025 [9]. Financial Performance - In 2024, China National Chemical reported a revenue of 52.925 billion yuan, a decrease of 2.48% year-on-year, and a net profit attributable to shareholders of -3.716 billion yuan, a decline of 58.63% [8]. - The company anticipates a net loss of between 808 million and 949 million yuan for the first half of 2025 due to ongoing industry challenges [9]. Production Capacity - As of the end of 2024, key product capacities include: - Caustic soda: 360,000 tons/year with a utilization rate of 103.83% - Epoxy resin: 350,000 tons/year with a utilization rate of 98.89% - Nylon 66: 40,000 tons/year with a utilization rate of 105.50% [10]. Strategic Positioning - China BlueStar is a global leader in chemical materials and specialty chemicals, operating 53 factories worldwide and engaging in business across over 200 countries [12].

Core Viewpoint - The article highlights the advancements and applications of multi-material 3D printing technology developed by Shenzhen MultiMatter Technology Co., Ltd., particularly focusing on the centrifugal DLP (Digital Light Processing) technology that allows for efficient material switching with minimal contamination, enabling a wide range of applications in fields such as communication and medicine [1][3][5]. Group 1: Company Overview - Shenzhen MultiMatter Technology Co., Ltd. specializes in multi-material light-curing 3D printing technology and equipment, leveraging core technologies from Southern University of Science and Technology for product development [5][6]. - The company has launched the MultiMatter series of multi-material light-curing 3D printers, including the C10, C30, and C50 series, designed for various applications [6][11][15][16]. Group 2: Technology and Innovations - The centrifugal DLP technology developed by the company addresses the challenge of removing residual liquid during material switching, utilizing centrifugal force for quick and contactless removal, which is less affected by the structure's size, shape, and resin viscosity [3][5]. - This technology allows for precise control over the composition, performance, and functionality of structures at the voxel level, overcoming compatibility limitations of traditional light-curing 3D printing [3][5]. Group 3: Applications and Materials - The technology supports a wide range of printable materials, including hard resins, elastomers, hydrogels, shape-memory polymers, and conductive elastomers, providing flexibility for various industries [5][6]. - The applications showcased include flexible electronics, robotics, implantable medical devices, and medical models, demonstrating the versatility of the multi-material 3D printing technology [1][5][27]. Group 4: Upcoming Events - The company will participate in the 2025 (4th) Polymer 3D Printing Materials Summit Forum from July 18-20 in Hangzhou, where it will showcase its multi-material 3D printing technology and applications [1][34]. - Professor Ge Qi, the company's chief scientist, will present a report titled "Multi-material 3D/4D Printing: From Hydrogels to Ceramics" at the forum, highlighting advancements in multi-material 4D printing [34][42].

Core Viewpoint - The article discusses the strategic positioning of CATL in Europe amidst the stringent EU Battery Regulation, highlighting the company's proactive measures to comply with new standards and secure its market presence [1][2]. Group 1: Regulatory Context - The EU's new battery regulation, considered the strictest globally, requires comprehensive carbon footprint disclosure, minimum recycled material ratios, and the implementation of a "battery passport" traceability system [1]. - The regulation mandates data accuracy throughout the battery lifecycle, from mineral extraction to final recycling, with any discrepancies potentially leading to product rejection [1]. Group 2: CATL's Strategic Moves - In 2018, CATL initiated its first European factory in Thuringia, Germany, with an investment of €1.8 billion and a planned capacity of 14 GWh, achieving breakeven in October 2022 [4]. - The establishment of the Hungarian factory in 2022, with an initial capacity of 40 GWh set to launch in late 2025, is strategically located near major automotive clients like Mercedes and BMW to enhance supply chain efficiency [5]. - A joint venture with Stellantis was announced in December 2024 to build a factory in Spain with an investment of €4.1 billion, focusing on lithium iron phosphate batteries with a capacity of 50 GWh, leveraging local resources to reduce carbon footprint [8]. Group 3: Compliance and Future Plans - CATL aims to complete the main construction of its facilities before the EU regulations take effect, allowing time for equipment testing and certification [6]. - The company plans to establish a fourth factory in Europe by January 2025 and is negotiating battery recycling projects in Hungary to create a "production-recycling" loop by late 2025 [9]. - The EU regulation requires a 95% recycling rate for cobalt and nickel by 2030, prompting CATL to advance its recycling initiatives to support material traceability and low-carbon certification [10]. Group 4: Industry Support and Technology - CATL's success in Europe is supported by a robust Chinese lithium battery supply chain, emphasizing the importance of precise formulation technology in the production of cathode materials [11]. - The company utilizes full-process digital traceability to meet EU requirements for material sourcing and carbon footprint tracking [12]. - Sonner, a provider of high-precision and traceable formulation measurement solutions, assists leading cathode material companies in enhancing product consistency and data integrity, thereby supporting battery manufacturers like CATL in compliance audits [13].

Core Viewpoint - Geely Holding Group has signed a merger agreement with Zeekr Intelligent Technology, marking a significant step in its strategy to unify under "One Geely" and enhance its competitive position in the automotive market [1][3]. Summary by Sections Merger Agreement - Geely Auto will acquire all outstanding shares of Zeekr, allowing Zeekr shareholders to choose between cash or Geely shares as compensation [1]. - The privatization of Zeekr is expected to cost Geely Auto approximately $2.399 billion, equivalent to about 17.199 billion RMB [1]. Financial Performance of Zeekr - As of December 31, 2024, Zeekr reported total assets of 32.671 billion RMB, total liabilities of 42.824 billion RMB, and a net asset deficit of 10.153 billion RMB [3]. - Zeekr's total revenues for 2023 and 2024 were 51.673 billion RMB and 75.913 billion RMB, respectively, with net losses of 8.264 billion RMB and 5.791 billion RMB [3]. Strategic Integration - The merger aims to leverage Zeekr's strengths in the luxury electric vehicle sector alongside Geely's established presence in the mainstream market, enhancing collaboration across technology, products, supply chains, and marketing [3]. - Post-merger, Geely Auto will cover a wide range of powertrain options, including fuel, pure electric, plug-in hybrid, and hydrogen electric vehicles, thereby strengthening its market position across various segments [3]. Sales Performance - Geely Auto reported a total vehicle sales volume of approximately 236,000 units in June 2025, a year-on-year increase of about 42%, with a cumulative sales volume of 1.409 million units in the first half of the year, up 47% [4]. - The sales target for the year has been raised from 2.71 million units to 3 million units due to strong sales performance in the first half [5].