Core Viewpoint - The collaboration between Evonik and AMSilk aims to scale up the production of sustainable silk proteins, targeting high-end fashion and automotive interior markets, with a focus on biodegradable materials [3][4]. Group 1: Collaboration and Production - Evonik and AMSilk have signed a long-term agreement to enhance the sustainable silk protein production, following an initial production agreement in 2023 [3]. - A customized production line has been established at Evonik's Slovakian facility, capable of producing several tons of high-performance silk protein monthly [3]. - AMSilk will convert the silk protein powder produced by Evonik into high-performance yarn products, ensuring quality and compliance with a fully transparent European supply chain [3]. Group 2: Market Potential - The protein fiber market, which includes silk, cashmere, and merino wool, has an overall size of approximately €26 billion, with a serviceable segment of about €16 billion [4]. - The market outlook for protein fibers is positive, with increasing interest from major automotive brands like Mercedes-Benz, which has begun using silk proteins in their interior components [5]. Group 3: Financing and Expansion - AMSilk completed a €52 million financing round (approximately ¥430 million) to expand its commercial influence and support industrial scale-up to meet the growing global demand for silk protein-based biomaterials [7]. - Other companies in the protein fiber sector, such as Spiber and Solena Materials, are also making significant advancements and securing funding to enhance their production capabilities [8][12][13]. Group 4: Industry Innovations - Spiber is set to achieve an annual production capacity of 1,000 tons of its Brewed Protein™ fiber within the next few years, establishing itself as a leader in the fashion and biomaterials sectors [9][12]. - Solena Materials has announced a $6.7 million seed funding round to accelerate the large-scale production of sustainable high-performance textiles [13]. - Lingzhu Technology has successfully achieved mass production of spider silk proteins and secured significant angel funding to further its development in the bio-based materials field [14][16].

Group 1 - The company is developing bio-based composite materials for applications in new energy battery covers [1] - The company is simultaneously constructing production lines for these materials [1] - Currently, these materials have not been used for the packaging of solid-state batteries [1]

【DT新材料】 获悉， 9月18日，世界生物基PEF聚酯龙头 Avantium 宣布，已通过股权融资的方式，筹集了总计8480万欧元（约7亿人民币）的资金。 此次融资是通过 完全承销和承诺的配股方式，成功完成 6540 万欧元的融资，并完成 1940 万欧元的额外配售，其中包括向荷兰政府（由气候政策和绿 色增长部代表）配售 1500 万欧元的新普通股 。 Avantium首席执行官Tom van Aken表示，本次融资超出预期，公司后续将 加速向可持续材料转型， 挖掘FDCA和PEF的巨大市场潜力，并 朝着2027 年实现集团层面EBITDA盈亏平衡的目标迈进 。 Avantium 预计商业运营将于2026年第一季度开始 ，届时公司产品100%植物基可循环材料PEF（品牌为releaf®）将开始面向消费者，并实现商业化。 ▌ 参考信息：本文部分素材来自网络公开信息 。由作者重新编写，系作者个人观点，本平台发布仅为了传达一种不同观点，不代表对该观点或支持。如果有任何问题，请 联系我们：15356747796（微信同号）。 全球生物基和生物制造产业服务平台 www.bio-basedlink.net | | | ...

Group 1 - The world's first bio-based composite refrigerated container has been officially delivered, marking a breakthrough in the application of bio-based materials in the refrigerated container sector in China [1] - The bio-based composite material, developed by Shanghai Kasei Biotechnology Co., Ltd., has lower carbon emissions, lighter weight, and recyclable properties compared to traditional metal materials [1] - The material can reduce carbon emissions by 50% compared to traditional petroleum-based products, with a density of only 1/4 that of steel and 2/3 that of aluminum [1] Group 2 - The material exhibits excellent chemical stability and corrosion resistance, eliminating the need for additional rust-proof treatment, thus reducing production costs and environmental pollution [1] - The design flexibility of the material allows for precise engineering of mechanical properties by adjusting fiber layering, akin to "cutting fabric" [1] - As the application market expands and production scales increase, the manufacturing efficiency of key monomers will improve, leading to a continuous decrease in costs [2]

声明： 因水平有限，错误不可避免，或有些信息非最及时，欢迎留言指出。本文仅作新材料相关领域介绍，本文不构成任何投资建议！转载请注明来源！ 近日，浙江大学衢州研究院与巴斯夫达成战略创新合作，携手共促可持续材料和工艺的发展。 添加微信请备注： 姓名+公司+职务 破解转化难题，聚焦新能源新材料 浙江大学衢州研究院于2018年12月28日揭牌成立，是浙江大学和衢州市共建的校地合作科创机构。 研究院聚焦新材料、新能源等关键核心领域开展技术创新与成果转化，打造高端化学品概念验证中心与共享型中试平台，构建贯通技术攻关、概念验证、 中试熟化、基金赋能与产业应用的全链条创新体系。 资料来源： --浙江大学衢州研究院 欢迎添加小编微信，加入 合成生物/生物制造/新材料 交流群 此次合作，双方将围绕先进材料、工业生态、分子智造及生物基化学品等重点领域，共同开展关键技术、前沿引领技术及相关标准的协同研发与创新。 楼剑锋（巴斯夫大中华区董事长兼总裁）、任其龙（中国工程院院士、浙江大学衢州研究院院长）代表双方签署战略合作框架协议。 ● 湖南年产5万吨合成生物制造新材料项目开工！以芦苇、秸秆为原料生产可降解高分子材料 ● 投资5000万！ ...

Investment Rating - The report maintains a "Buy" rating for the company [1][5] Core Views - The company has shown a recovery in profitability in the first half of 2025, with total revenue reaching RMB 33.49 billion, a year-on-year increase of 7.10%, and a net profit attributable to shareholders of RMB 709 million, up 17.28% year-on-year [3][8] - The second quarter of 2025 saw revenue of RMB 18.93 billion, representing a 12.57% year-on-year growth and a 30.06% quarter-on-quarter increase [10] - The company is expected to benefit from the release of new production capacity, which supports the positive outlook and the "Buy" rating [3][5] Financial Summary - For the first half of 2025, the company achieved a gross margin of 6.42%, an improvement of 0.41 percentage points year-on-year [8] - The company’s main products, including polyester filament and PTA, have shown varying performance, with PTA revenue significantly increasing to RMB 4.65 billion from RMB 1.18 billion in the same period last year [8] - The company’s EPS forecasts for 2025, 2026, and 2027 are RMB 0.98, RMB 1.19, and RMB 1.39 respectively, with corresponding P/E ratios of 15.9x, 13.1x, and 11.3x [5][7] Business Performance - The company has established a vertically integrated business model from PTA to polyester and spinning, enhancing operational efficiency [8] - The company is actively exploring the industrialization of bio-based materials, indicating a strategic move towards sustainable products [8]

在新兴产业崛起和低碳可持续的大趋势下，化工新材料产业正向着材料高性能化、生产绿色低碳化、制造过程智能化方向发展。 其中，生物基材料已经成为最"闪亮"的赛道之一。从早期 海正生材 的聚乳酸，到 凯赛生物 的生物基尼龙，到 金发科技 的生物基LCP，到 泰和新材 的生 物基芳纶，到 万华化学 的生物基TPU，每次都能引起市场极大关注，甚至凭借单品造就一代龙头，越来越多的新品也正在被开发。 【DT新材料 】 获悉，近日， 由 中油工程旗下昆仑工程公司 与 中石油（持股33.8%）参股子公司 濮阳市盛通聚源新材料有限公司 合作开发的生物基 聚碳酸酯（PC）特种工程塑料惊艳亮相。 据悉，双方 打造 国内首套且产能最大的生物基PC工业生产装置在 2025年2月开车成功，填补了国内空白， 开辟生物基PC本土商业化的可能性。 项目工艺采用 可再生异山梨醇 生物基单体替代共聚单体双酚A，在聚合产品中引入独特的双呋喃环结构， 表面硬度接近玻璃，加工流动性与通用PC相 当， 透光率高达92%， 因为分子结构中苯环少，不易吸收紫外线 ，在光学镜头、汽车内外饰件等领域展现广阔前景， 并且规避了双酚A带来的健康风 险，可以精准切入食品包 ...

内容概要：近年来，随着PTT纤维、化妆品、医药、聚氨酯等等下游市场的飞速发展，带动1,3-丙二醇 （PDO）市场需求持续增长，据统计，2024年我国1,3-丙二醇（PDO）需求量达7.54万吨，为满足日益 增长的市场需求，我国1,3-丙二醇（PDO）生产企业纷纷扩大产能，据统计，2024年我国1,3-丙二醇 （PDO）产能达11.2万吨，同年产量达3.23万吨，产能利用率为28.84%，未来，除了传统应用领域外， 1,3-丙二醇将在新型材料和生物医学领域展现出更大的潜力，如作为生物可降解塑料的单体或药物载体 等，将为行业带来新的增长点。 上市企业：华恒生物（688639）、东方盛虹（000301） 相关企业：华峰集团有限公司、广东清大智兴生物技术有限公司、张家港美景荣化学工业有限公司 关键词：1,3-丙二醇（PDO）生产工艺、1,3-丙二醇（PDO）市场政策汇总、1,3-丙二醇（PDO）产业 链、1,3-丙二醇（PDO）供需现状、1,3-丙二醇（PDO）竞争格局、1,3-丙二醇（PDO）发展趋势 一、概述 1,3-丙二醇（1,3-Propanediol，简称1,3-PDO）是一种无色无味的黏稠状液体，可溶于水 ...

Core Viewpoint - The green polyester industry is on the verge of significant growth due to breakthroughs in new technologies that will expand the raw material base beyond bottle flakes, potentially opening up an additional 80 million tons of market space [1][2]. Industry Overview - The current processing level of the green polyester industry using physical methods is relatively mature, but it is limited to using bottle flakes as raw materials, primarily producing short fibers and bottle flakes [2]. - The annual production of polyester fibers is 79 million tons, with polyester bottle flakes accounting for approximately 32 million tons, representing about one-third of the total polyester production [1][2]. Technological Advancements - New technologies are expected to allow green polyester to completely replace virgin materials, thus significantly increasing the market potential [2]. - The recycling technology using biological methods is gaining attention, with companies like Carbios in France and Tianjin Yuantian Bio already making strides towards industrialization [3]. Market Dynamics - The polyester recycling system is relatively mature, with low-cost waste materials, which enhances the economic viability of developing new technologies [2]. - The flexibility of biological methods, which can produce recycled PTA and ethylene glycol, allows for broader applications beyond just polyester [3]. Investment Opportunities - Companies like WanKai New Materials and New Feng Ming are positioned well within the green polyester sector, with strategic investments and developments in bio-based materials [5][6]. - WanKai New Materials has established a forward-looking layout in both major development directions of green polyester and is expected to benefit from its parent company's investments [5]. - New Feng Ming, a leading polyester filament enterprise, is also investing in bio-based materials, positioning itself as a key player in the market [5]. Emerging Trends - The development of bio-based materials, such as the use of FDCA to replace PTA, is gaining traction, with significant investments from major players in the polyester supply chain [4]. - The commercialization of bio-based polyester applications is anticipated to accelerate, driven by clear application scenarios [4].

Investment Rating - The report maintains a "Positive" investment rating for the basic chemical industry [4] Core Insights - The green polyester industry is expected to enter a rapid growth phase driven by strong demand for low-carbon consumption [10][35] - New technologies in the green polyester sector are anticipated to unlock significant development potential, moving beyond the limitations of traditional recycling methods [12][21] - The biological method in recycling technology shows distinct advantages over chemical methods, with a focus on lower energy consumption and higher flexibility in product forms [29][34] - The development of bio-based materials is gaining significant attention and is on the verge of commercialization, with key players making substantial investments [35][39] Summary by Sections 1. Rapid Development of the Green Polyester Industry - The green transformation of plastics is primarily through recycling and bio-based materials, with polyester being the fastest-growing type [10][12] - Current recycling methods are limited, but new technologies are expected to create new opportunities in the industry [10][12] 2. New Technologies in Green Polyester - The physical recycling method is mature but limited to bottle flakes, while new technologies can expand raw material sources significantly [12][22] - Polyester's properties facilitate technological advancements, making it easier to find bio-based alternatives [21][23] 3. Advantages of Biological Methods in Recycling - Chemical recycling methods are established but have limitations in temperature and product forms, while biological methods are entering commercialization with favorable market feedback [29][30] - Companies like Carbios and domestic firms are leading the way in biological recycling technology [34][35] 4. High Attention on Bio-based Materials - The development of bio-based materials, particularly using FDCA to replace PTA, is gaining traction with significant investments from major industry players [35][39] - The commercialization of bio-based polyester is expected to happen soon, driven by clear application scenarios [35][36] 5. Investment Recommendations - Companies such as Wankai New Materials and Xin Fengming are positioned well in the green polyester market, with strategic investments and projects underway [35][40] - The report highlights the potential for high returns due to the strong demand for green polyester products [35][40]