马来西亚塑料循环系列 报告 #4 探索汽车行业的塑料循环经济机 遇 公开披露授权 公开披露授权 公开披露授权 管理 公开披露授权 © 2025 世界银行集团 1818 H 街西北, 华盛顿特区, DC 20433 电话：202-473-1000；互联网：www.worldbank.org 这项工作是国际复兴开发银行（IBRD）和国际金融公司（IFC）的成果，这两家机构是世界银行集团的成员，并有外部贡献者。"世界银行集团"指的是法律上独 立的国际复兴开发银行（IBRD）、国际金融公司（IFC）、国际开发协会（IDA）和多边投资担保机构（MIGA）。 世界银行集团不保证本作品中包含的内容的准确性、可靠性或完整性，也不保证其中所述的结论或判断，对于任何内容中的任何遗漏或错误（包括但不限于排 版错误和技术错误）概不负责，也不对依赖于此内容承担任何责任或责任。本作品中所示的国界、颜色、名称、链接/脚注和其他信息均不构成世界银行集团对 任何领土的法律地位或对其边界表示认可或接受的任何判断。引用他人类似的作品并不意味着世界银行集团认可那些作者所表达的观点或其作品的内容。本卷 中表达的调查结果、解释和结论不一定反映世界银行集 ...

英科再生资源股份有限公司2025 年半年度报告 公司代码：688087 公司简称：英科再生 英科再生资源股份有限公司 英科再生资源股份有限公司2025 年半年度报告 跨山越海,奔赴热爱 策，实质意义上成为考验一家企业是否具备短期应变能力与长期可持续发展能力兼备 的试金石。当此篇半年度报告披露之际，我们愿将分享的主题定为 "跨山越海，奔 赴热爱"。英科进一步快速实现跨山（东）越海（外），提升东南亚产能释放，以更 加从容的姿态、更加创新的思维、更加务实的行动，参与到我们所属行业的全球供应 链、产业链重塑的版图中来。 一、"中国+东南亚制造"进程提速 服务全球超 130 个国家，其中，美国市场占比保持稳定。很重要的一点，得益于我们 早在 2019 年开始布局的越南清化基地投建。越南清化一期占地 6 公顷，自 2024 年后 始终处于满产满销状态；二期占地 8 公顷， 2025 年初完成厂房基建后，管理层便前 瞻性开始筹划车间布局、设备选型等工作。 当 4 月初关税通知下达后，客人的咨询信息如潮水般涌来---有询问价格调整、有 担忧交期、有探讨产地转移的，每天我们销售伙伴们与客户保持着无时差的高频沟通。 为快速响应客 ...

Group 1 - The 12th World Congress of Chemical Engineering and the 21st Asia-Pacific Chemical Alliance Conference is being held in Beijing, marking the first joint event in China in 50 years [1][3] - The theme of the conference is "Embracing Paradigm Shift in Chemical Engineering to Meet Global Challenges," aiming to create a platform for international academic exchange and integration of industry, academia, and research [3][5] - The conference has attracted over 1,000 corporate representatives, more than 5,000 delegates, and over 20,000 professional visitors from 66 countries, showcasing a significant global interest in chemical engineering [5][7] Group 2 - The conference released the "Beijing Initiative: Embrace Paradigm Shift and Create a Green Future," which consolidates global consensus on the transformation of the chemical industry [5] - Four major topics were set for discussion: Reconstructing Chemical and Basic Industries, Chemical and Strategic Emerging Industries, Future Chemical and Smart Innovation, and Chemical Education and Training [5] - The event featured a variety of formats for exchange, including 2 main conference sessions, 34 thematic sub-sessions, and over 900 cutting-edge reports [5] Group 3 - The China Petroleum and Chemical Corporation, along with other publishers, showcased new books at the exhibition, including a series focused on carbon neutrality and plastic recycling education [7][11] - The "Biography of Jiang Shicheng" was highlighted as a significant publication, reflecting the contributions of key figures in the petrochemical industry and serving as a valuable resource for understanding China's petrochemical sector [11][15] - The enduring appeal of biographical literature in the book market was emphasized, indicating a growing interest in the stories of influential figures in the chemical industry [11][15]

Core Viewpoint - Plastic pollution is a significant ecological challenge globally, with China's polyamide 6 (Nylon 6) apparent consumption market exceeding 4 million tons by the end of 2023, while the recycling volume is only 1 to 1.5 million tons, primarily from old fishing nets and waste textile fibers [1][3]. Group 1: Recycling Challenges and Innovations - Traditional recycling of old fishing nets faces three main challenges: difficulty in separation, contamination, and performance degradation due to long exposure to marine environments [1]. - The development of green and efficient cleaning agents and processes has enabled the appearance quality of recycled PA6 pellets to approach that of virgin materials, meeting high-grade product application needs [3]. - The molecular weight of recycled PA6 has been improved through a synergistic approach of reactive extrusion and solid-phase toughening, resulting in a 22% increase in impact strength and a bending strength exceeding 111 MPa, surpassing some virgin resins [3][4]. Group 2: Chemical Recycling and Industrialization - A negative pressure melting depolymerization technology has been developed to achieve mild depolymerization in a vacuum environment, increasing the yield of caprolactam (CPL) monomer to 70% with a purity exceeding 99% [4]. - The company has established a full-process technology chain from targeted recycling channel construction to solvent recovery systems, supporting the supply of over 2 million tons of various types of environmentally friendly recycled plastics [4]. Group 3: Industry Trends and Future Directions - The Chinese nylon industry is accelerating its transition towards high-end and low-carbon production, driven by breakthroughs in the synthesis of special materials and the domestic production of key raw materials [7]. - Emerging applications in electric vehicles, electronics, and intelligent robotics are raising performance requirements for nylon materials, presenting both opportunities and challenges for formulation design and process optimization [7].

Investment Rating - The report maintains a "Recommended" rating for the chemical industry [2] Core Viewpoints - The chemical industry is a pillar of the national economy, characterized by a large economic scale, long industrial chains, diverse product types, and extensive coverage [5][4] - The 2025 government work report emphasizes expanding domestic demand, modern industrial system construction, food security, and green low-carbon development, suggesting investment opportunities in specific sub-sectors [4][5] Summary by Relevant Sections Consumption - The 2025 government work report proposes to boost consumption and expand domestic demand, including a special bond of 300 billion yuan to support the replacement of consumer goods [6] - The report anticipates steady growth in demand for upstream modified plastics and refrigerants due to policy stimulation [6][10] Modern Industrial System Construction - The report highlights the cultivation of emerging industries and the ongoing "Artificial Intelligence +" initiative, which is expected to enhance demand for high-end chemical materials and accelerate domestic substitution processes for materials like PEEK and COC/COP [6][21] Food Security - The government aims for a grain production target of approximately 1.4 trillion jin in 2025, with fertilizers playing a crucial role in agricultural productivity [29] - The report suggests that the fertilizer market concentration is likely to increase, benefiting large fertilizer producers with integrated advantages and strong R&D capabilities [30] Green Low-Carbon Development - The report indicates a commitment to solid waste management and promoting the use of recycled materials, aligning with the development of chemical recycling technologies for waste plastics [7][39] - The chemical recycling of waste plastics is seen as a key method to reduce carbon emissions and enhance recycling rates [37][39] Investment Recommendations - The report recommends focusing on investment opportunities in modified plastics, refrigerants, PEEK, COC/COP, fertilizers, and chemical recycling of waste plastics, highlighting specific companies such as Guo'en Co., Jinfa Technology, Nanjing Julong, and others [40]