生物航煤、生物船燃赛道市场空间放大,海新能科推动生物能源产业共赢

Core Insights - The A-share biodiesel sector experienced a significant surge, driven by the strong debut of Fengbei Bio on the Shanghai Stock Exchange and increasing global support for sustainable aviation fuel (SAF) procurement and application [1] Industry Overview - Fengbei Bio, a high-tech enterprise in waste resource utilization, focuses on producing resource-based products from waste oils. The company has established a stable partnership with Haineng Energy, which is expected to benefit from the rising demand for industrial-grade blended oils due to the growth of the SAF and biodiesel industries [2] - Haineng Energy has been deeply involved in the biodiesel sector for years, aiming to become a leading global operator in green energy and chemical products. The company is enhancing its raw material supply system and diversifying its sources to ensure stable procurement and cost control [2] Market Demand - According to the International Energy Agency (IEA), global biodiesel consumption is projected to grow from approximately 42.42 million tons in 2023 to 59.93 million tons by 2028, representing a compound annual growth rate (CAGR) of about 7.16%. Both Fengbei Bio and Haineng Energy are positioned to benefit from this increasing demand [3] Policy and Regulatory Environment - The global push for bioenergy is gaining momentum, with applications expanding from ground transportation to aviation and marine fuels. New regulations in Singapore mandate that all departing flights must use at least 1% SAF by 2026, increasing to 3-5% by 2030, indicating significant progress in decarbonizing transportation [4] - The European market is also a key focus, with the EU set to implement large-scale SAF blending mandates starting in 2025. The International Civil Aviation Organization (ICAO) will enforce carbon offset responsibilities by 2027, creating substantial market opportunities for SAF [4] Company Developments - Haineng Energy has received necessary certifications for SAF and has begun supplying its products to domestic clients, including China National Aviation Fuel Group. The company has also secured overseas orders, indicating a strong production schedule for the fourth quarter [5] - The shipping industry is increasingly adopting biodiesel as a certified fuel for reducing carbon emissions, with significant growth expected in the use of biofuels for shipping by the end of the 14th Five-Year Plan, potentially reaching 15-20 million tons annually [5][6]