Core Viewpoint - The article discusses the investment by Sinopec Yizheng Chemical Fiber Co., Ltd. in a project to develop a green bio-based PO3G-PTT high-performance elastomer, highlighting the significance of bio-based materials in the chemical industry and their potential for sustainable development [1][2]. Project Overview - Project Name: Green Bio-based PO3G Preparation and PO3G-PTT High-Performance Elastomer Product Development Project - Industry Category: C2651 Primary Form Plastics and Synthetic Resins Manufacturing - Project Nature: Reconstruction - Total Investment: 47.378 million yuan, with 1.47 million yuan allocated for environmental protection, accounting for 3.1% of the total investment - Construction Area: 350 square meters - Construction Period: 12 months - Production Capacity: 5,000 tons per year [2][3]. Technical Innovations - The project introduces bio-based PO3G (polytrimethylene ether glycol) as a key raw material, which is derived from plant fermentation and can replace petroleum-based polyols [3][4]. - Innovations include: 1. Controlled preparation of bio-based monomers, ensuring quality impacts polymer performance 2. Copolyester molecular structure design to enhance material properties 3. Flexible production processes to meet diverse market demands [8]. Competitive Advantages - Yizheng Chemical Fiber has a robust production capacity, including 3 million tons of PTA and 3.1 million tons of polyester per year, which supports the integration of the bio-based PTT material route [9][10]. - The strategic layout includes a complete industrial chain from PX-PTA-PET/PTT, enhancing competitiveness and ensuring raw material supply for bio-based PTT production [11]. - The project aims to extend the polyester industry chain and develop high-value-added products, contributing to the company's transformation and upgrade strategy [11].

广州鹿山新材料股份有限公司 关于 2025 年度开展商品期货期权套期保值业务的 可行性分析报告 广州鹿山新材料股份有限公司（以下简称"公司"）及控股子公司拟使用自 有资金开展商品期货期权套期保值业务（以下简称"套保业务"）。具体内容如 下： 一、开展套保业务的背景和必要性 公司主营业务为初级形态塑料及合成树脂制造，主要原材料包括聚丙烯、聚 乙烯等。由于原材料价格波动较大，公司及控股子公司的经营业绩容易受到不利 影响，进而带来较大的经营风险。 为应对原材料价格波动带来的不确定性，公司及控股子公司计划利用期货、 期权（包括场内和场外）等金融工具开展套期保值业务。通过套期保值，公司可 以充分利用期货和期权市场的价格发现、风险对冲及避险保值功能，有效控制市 场风险。此举旨在规避或减少因原材料价格不利变动导致的潜在损失，降低对企 业正常生产经营的负面影响，并提升公司整体抵御风险的能力，确保经营的稳定 性和可持续性。 二、交易情况概述 （一）交易目的 公司生产经营涉及的主要原材料聚乙烯、聚丙烯等属于大宗原材料，易受宏 观经济形势、产业供需等因素影响呈现较大波动。为合理规避原材料价格波动对 公司生产经营造成的潜在风险，充分 ...