Core Viewpoint - Major chemical companies have historically overlooked the lithium battery sector, but with the increasing demand for electric vehicles and energy storage, they are now focusing on battery materials, particularly solid-state batteries and lithium iron phosphate [1][2]. Group 1: Market Dynamics - The global demand for lithium iron phosphate (LFP) has surged, with major battery manufacturers like CATL, BYD, and others collectively ordering 6 million tons of LFP materials, amounting to over 240 billion yuan [2]. - Wanhu Chemical is aggressively entering the lithium battery market, establishing a new subsidiary with a registered capital of 740 million yuan, aiming to produce specialized materials for batteries [1][2]. Group 2: Production Capacity - Wanhu Chemical plans to achieve a production capacity of 1 million tons of lithium iron phosphate by 2027, with multiple projects underway, including a 650,000-ton LFP project and two additional projects of 200,000 tons each [2]. - The company is positioning itself to meet the high demand for LFP materials, which is currently outpacing supply, leading to intense competition among manufacturers [2]. Group 3: Strategic Partnerships and Investments - Wanhu Chemical has formed various partnerships and joint ventures in the lithium battery supply chain, including upstream mining and downstream battery production, enhancing its market presence [3]. - The company is also investing in clean energy initiatives, including a joint venture with a state-owned energy company, indicating a broader strategy beyond just battery materials [3][4]. Group 4: Future Outlook - The commercial investment in controlled nuclear fusion in China is accelerating, with significant funding and support from government entities, positioning it as a potential future energy solution [4]. - Wanhu Chemical's diversification into new energy sectors, including nuclear energy, suggests a strategic shift towards sustainable energy solutions, aligning with global trends [4].

【 生物基能源与材料 】 获 悉， 第三代生物可降解塑料研制商北京中科可蓝新材料科技有限公司（简称"中科可蓝"）宣布完成 数千万元天使+轮 融 资，该公司创始人是 中国科学院理化技术研究所 季君晖研究员 。 本轮融资由江苏省市级国资平台金桥基金、中国新材料领域"独角兽"企业 安徽丰原 生物 联合投资，老股东麟阁创投超额跟投，所筹资金将用于产品研发迭代、产能规模扩充及规模化商业落地。 来源：中科可蓝 就在不到一年前的2025年3月， 中科可蓝刚完成数千万元天使轮融资 ，本轮融资由君科丹木领投，麟阁创投跟投。 中科可蓝成立于2024年2月，孵化自中国科学院理化技术研究所工程和生态塑料国家工程中心，创始人季君晖博士，核心团队深耕生物降解材料研发十 余年。公司核心技术源于中科院"可控降解塑料"国家重点专项成果，通过分子结构设计实现材料降解速率精准调控。 PDA （Polyesters Bio-Degradable in All Nature Environment）是由中科可蓝研发的全球首款可在土壤、堆肥、淡水、海洋等全自然域环境中完 全降解的塑料，降解周期可定制为3天至10年。PDA可以广泛应用于电子信息、日化品、 ...

Core Viewpoint - The article discusses the performance of polyether ether ketone (PEEK) and its composite materials, highlighting their potential applications in the low-altitude economy, particularly in sectors like aerospace and advanced manufacturing [5][6]. Group 1: Low-altitude Economy - The low-altitude economy is gaining traction due to national policies and capital investments, with the market expected to reach 1.5 trillion yuan by 2025, including a projected 300 billion yuan in eVTOL orders [5]. - The civil drone market in China is anticipated to grow to 127.786 billion yuan by 2025, reflecting a 15% year-on-year increase [5]. Group 2: PEEK and Its Applications - PEEK is recognized for its high performance in lightweight, high strength, fatigue resistance, and high-temperature reliability, making it suitable for low-altitude vehicles [5]. - The article emphasizes the significant application potential of PEEK and its composites in structural, transmission, and functional components of low-altitude flying vehicles [5]. Group 3: Upcoming Events - An online course titled "Performance of Polyether Ether Ketone and Its Composite Materials in the Low-altitude Economy" will be hosted by Professor Wang Guibin from Jilin University [6]. - The 2026 Future Industries New Materials Expo will take place from June 10-12, 2026, in Shanghai, focusing on lightweight, functional, and sustainable materials [11][19].

【DT新材料】 获悉 ， 1月23日， 日本东丽 宣布，公司已研发出一种新型的 TORAYFAN®双 向拉伸聚丙烯（OPP）薄膜， 这是全球首款具有 接近某种工程塑料的热阻性能的薄膜 。该公司已开始分发样品 。 即使在160°C的常温下，其热尺寸稳定性和释放性能也表现极佳， 可用于集成电路基板、碳纤维增强塑料预浸料以及其他成型工艺中的高耐热释放 膜，替代已经广泛使用的氟化薄膜。 据悉，制造商在包装中广泛使用OPP薄膜，因为这种薄膜具有防潮性能且保持透明，此外还用作生产过程中的工业材料，因为它能干净地释放物质，并 且释放的气体量很少。随着电子设备和轻质移动材料的发展，制造和加工步骤也在不断多样化，因此OPP薄膜必须能够承受更高的温度。 新的 TORAYFAN 源于 东丽公司用于OPP薄膜的高耐热技术进行强化，并将其与一种采用高耐热聚烯烃树脂的新高耐热表面技术相结合。 这使得在 160°C时的热变形量降低到了标准OPP薄膜的约十分之一 。此外，它还降低了润湿性（注 6），这将带来出色的释放性能。 除了具有出色的热尺寸稳定性和释放性能外， 这种新型薄膜还无涂层且吸水性极低。 这使其适用于对性能要求极高的应用场合，在 ...

这一数字已经接近2023年我国光伏新增装机容量，按照马斯克的设想，其中一大部分将进入太空。 他预测"部署AI成本最低的地方将是太空"，并计划建设太空光伏基地来支持数据中心部署。 SpaceX的40GW产能直指太空场景核心需求近地轨道无大气遮挡、24小时日照的优势，使太空光伏年发电小 时数较地面提升7-10倍，且能摆脱昼夜、天气限制，为低轨卫星星座及太空AI算力中心提供稳定能源。 马斯克的最终愿景是，在2030年前实现首个100GW太空光伏里程碑，通过太空光伏与地面储能构建全天候 能源网络。 太空光伏技术路线正在经历一场降本革命。当前主流的三结砷化镓电池效率超过30%，但成本极高。为满足 规模化需求 ，SpaceX已确定p型HJT电池技术作为太空太阳能电池大规模量产的技术路线。 目前行业已形成三代技术梯队：短期以转化效率超30%的三结砷化镓电池主导高端航天任务；中期HJT电池 凭借平衡性能渗透低轨场景；长期钙钛矿叠层电池有望凭借高比功率、低成本实现替代。 从布局逻辑看，当前全球低轨卫星备案量超10万颗，未来五年待发射量超7万颗，每颗卫星均依赖光伏供 电，东吴证券测算年发射1万颗卫星即可催生近2000亿太阳翼市场 ...

Core Viewpoint - BASF's preliminary data for 2025 indicates a slight increase in sales volume but faces pressure from negative currency effects and declining sales prices, with expected sales of €59.7 billion compared to €61.4 billion in 2024, excluding discontinued coatings business [1] Financial Performance - The expected EBITDA for 2025 is €6.6 billion, lower than the previously projected range of €6.7 billion to €7.1 billion, and down from €7.2 billion in 2024 [1] - Free cash flow for 2025 is projected at €1.3 billion, significantly higher than the analyst average expectation of €0.6 billion and above BASF's prior forecast range of €0.4 billion to €0.8 billion [1] - Operating cash flow is expected to be €5.6 billion in 2025, down from €6.9 billion in 2024, primarily due to increased trading positions from rising precious metal prices [1] Earnings Outlook - EBIT for 2025 is anticipated to be €1.6 billion, below analyst expectations of €2.2 billion and lower than €1.8 billion in 2024 [2] - Net income for 2025 is projected at €1.6 billion, exceeding analyst expectations of €1.2 billion and higher than €1.3 billion in 2024, driven by increased earnings from Wintershall Dea [2]

2026年3月，全球陶瓷与粉体行业最具风向标意义的专业展会之一—— 德国慕尼黑工业陶瓷展 （Ceramitec 2026）将如期举办。作为全球先进制造业的代表性 国家之一，德国在粉体加工、精密装备及先进陶瓷应用领域积累了深厚的工业底蕴。其在技术路线与产业发展的选择上，对从业者研判行业趋势具有重要的 启发意义。 从展出重点来看， 核心将聚焦三大方向 ：陶瓷增材制造（ 3D打印）的工程化应用，高温炉窑的节能与能效提升技术，以及工业陶瓷的数字化 与智能制造解 决方案。因此，无论是从事材料生产、装备制造，还是下游应用的团员，都可以在展会现场建立对行业趋势的整体认知。 以本届Ceramitec为核心，粉体圈将于 2026 年 3 月 24 日 ~4 月 1 日 组织开展 " 2026 德国慕尼黑工业陶瓷展暨相关产业考察学习之旅" ，结合展会调研、德国 代表性企业与科研机构实地交流，展开为期9天8夜的考察与学习。 本次考察亮点如下： 德国慕尼黑工业陶瓷展（Ceramitec 2026） 0 1 本届 C eramitec将实现从原材料、粉体加工，到先进陶瓷与粉末冶金应用的全产业链集中呈现，几乎覆盖技术陶瓷从"材料源头"到 ...

【DT新材料】 获悉， 近日，纤维素高值应用平台， 杭州格林微纳科技有限公司（简称： 格林微纳）宣布完成 数千万元Pre-A轮 融资。本轮融资由金桥基金领 投，产业方跟投，资金将主要用于生产线扩建及市场推广。 格林微纳成立于2022年10月，核心技术孵化自中国科学院化学研究所（简称：化学所） 张军研究员团队 ，张军是化学所工程塑料实验室主任、研究员、博士生导 师，是 天然高分子及纤维素材料研究领域著名科学家 ，其带领的科研团队拥有20年基础研究积累，10余年产业化实践经验。 公司核心团队来自于中科院化学所、丹纳赫、中科恒联等，具备从研发、生产到商业化运营的综合能力。 格林微纳核心技术为 微纳米纤维素功能材料的制备 ，通过全新的离子液体绿色加工技术路线，重塑纤维素物理形态与化学功能，如 3D纤维素凝胶（CMG）、微球/ 微胶囊 等，从而实现功能型产品的创新和多领域应用。 目前，格林微纳重点发力纸制品、日化个护、工业助剂和生命科学四大业务领域，依托现阶段核心材料 3D纤维素凝胶、微球/微胶囊 的独特形态及性能，对应布局8 大产品管线，例如纸品增强剂、天然护肤品多效添加剂等。 来源：36氪 过去一年，在纸品和日化领 ...

Core Viewpoint - Changde Technology is moving forward with its IPO application on the Beijing Stock Exchange, aiming to raise 500 million yuan for various projects, significantly less than the previously planned 1.169 billion yuan [2][4]. Group 1: IPO Details - The company plans to use 77 million yuan for working capital and the remaining funds for a 650,000-ton integrated chemical new materials project and a 20,000-ton/year C5 alcohol and derivatives project [2]. - The first round of inquiries regarding the IPO focused on the sustainability of performance growth, the high procurement ratio from Sinopec, and the necessity of the fundraising projects [2]. Group 2: Company Background - Changde Technology, established in 2017 in Yueyang, is a national-level "specialized, refined, characteristic, and innovative" small giant enterprise and a national intellectual property advantage enterprise [4]. - The company specializes in resource utilization and chemical new materials, with major products including organic synthesis intermediates, solvents, additives, and various polyether products [4]. - It has become a leader in the comprehensive utilization of caprolactam by-products in China [6]. Group 3: Financial Performance - The company's revenue for 2022, 2023, and 2024 was 969 million yuan, 1.064 billion yuan, and 1.555 billion yuan, respectively, with net profits of 183 million yuan, 79.8 million yuan, and 71.5 million yuan [10]. - For the first half of 2025, the total revenue was 719 million yuan, a 9.73% increase year-on-year, with a net profit of 49.3 million yuan, up 22.19% year-on-year [10]. Group 4: Market Position and Competition - Changde Technology is a major supplier of polyether amines, particularly for epoxy resin curing agents used in wind turbine blades, with clients including leading new material companies [8]. - The global polyether amine capacity is approximately 440,000 tons, with Changde Technology accounting for about 10% of this capacity [8]. - The industry is experiencing intense competition, with significant price reductions noted among competitors [8].

【DT新材料】 获悉 ，1月22日， 宁德时代 举办轻型商用车全场景解决方案发布会， 其中天行II轻商低温版 电池采用轻商领域首款量产的钠离子电池。 由于钠离子半径较大、电解液凝固点低、电极材料结构稳定等特性，在低温环境下，钠电池仍能有效 维持电池容量和性能 ，这让钠电池成为极寒地区乘用车、轻商车辆、储能等场景的理想选择之一。 在发布会现场，宁德时代首席技术官高焕介绍，天行II轻商低温版电池作为行业首款轻商量产钠电 池， 在零下20℃环境中，仍保有92%以上的可用电量， 即便在零下30℃且电芯完全冻透的条件下， 依旧支持即插即充。 在此前发布的调研纪要中，宁德时代表示，钠电池的低温性能、碳足迹、安全性能都更具优势，可以 广泛应用于乘用、商用动力等领域。公司发布的钠新电池已通过新国标认证，成为全球首款通过新国 标认证的钠离子电池 。"目前，在钠新乘用车动力电池方面，公司正在与客户推进开发和落地，进展 顺利。" 2025年12月举办的宁德时代供应商大会曾透露， 公司2026年将在换电、乘用车、商用车、储能等领 域大规模应用钠电池，有望形成"钠锂双星闪耀"的新趋势。 江海证券最新研报提到，2025年全球钠电池产业已 ...