2026武汉塑料及复合材料展览会即将启幕，全球目光聚焦行业前沿 随着科技的不断进步，新材料技术正以前所未有的速度重塑各行各业。作为中国中部地区最具影响力的行业盛会之一，2026武汉塑料及复合材料展览会将于 2026年9月22日至24日在武汉国际博览中心隆重举行。这场为期三天的行业盛会，将汇聚全球顶尖企业与科研机构，共同探讨塑料及复合材料领域的最新发 展趋势，为行业从业者提供交流合作的绝佳平台。 聚焦行业趋势，解读产业升级方向 塑料及复合材料作为现代工业的重要基础材料，广泛应用于建筑、汽车、电子、医疗等多个领域。近年来，随着环保理念的深入人心和技术的持续革新，行 业正经历一场深刻的变革。此次展会将以"绿色创新·智慧未来"为主题，重点展示低碳环保材料、高性能复合材料以及智能化制造技术的应用成果。 展会现场，参观者不仅能近距离接触最新的生产设备和技术成果，还能通过互动体验区感受新材料在实际场景中的应用价值。例如，轻量化复合材料在新能 源汽车领域的应用、可降解塑料在包装行业的突破等，都将通过实物展示和案例讲解直观呈现。这种沉浸式体验不仅增强了观众对新技术的认知，也为行业 提供了切实可行的解决方案。 链接产业链上下游， ...

12月27日至28日，省委书记刘宁到三门峡义马市和洛阳洛宁县、栾川县、嵩县，调研推动生态环保、基层治理等工作，强调要认真学习党的二十届四中全 会和中央经济工作会议精神，全面落实习近平总书记在河南考察时重要讲话精神，完整准确全面贯彻新发展理念，推进经济社会发展全面绿色低碳转型， 努力把省委十一届十次全会和省委经济工作会议部署转化为实际行动和工作成效。 刘宁听取县市经济社会发展情况汇报，强调要结合实际、找准定位，科学编制"十五五"规划，协同推进降碳、减污、扩绿、增长，深入践行"两山"理念， 持续提升发展"含绿量""含金量"，注重加强文物保护利用、文旅融合发展，将文旅产业打造成支柱产业。岁末年终，要统筹抓好民生保障、能源保供、麦 田管理等重点工作，扎扎实实加强社会治理，深化矛盾纠纷排查化解，做好值班值守和应急准备，推进作风建设常态化长效化，确保社会大局安全稳定。 陈春江、陈星参加有关活动。（记者 刘婵 张笑闻/文 董亮/图） 责任编辑： 何山 按照省委常委班子民主生活会工作安排，刘宁在嵩县城关镇叶岭村听取10名基层党员干部群众意见建议。他强调，要有力有效推进乡村"五大振兴"，建设 宜居宜业和美乡村，提升群众获得感幸 ...

【编者按】能源安全是关系国家经济社会发展的全局性、战略性问题。习近平总书记强调，"我们必须 从国家发展和安全的战略高度，审时度势，借势而为，找到顺应能源大势之道"。在习近平总书记提出 的"四个革命、一个合作"能源安全新战略指引下，我国新型能源体系建设取得积极进展，能源发展实现 新突破、开创新局面。 在煤炭的清洁化、高效化利用方面，广纳集团的做法和能源部门的想法不谋而合。 经过多年的开采，乌海煤炭保有储量已不到30亿吨。但石灰石储量高达200亿吨。作为全国重要的煤焦 化工基地，乌海就地取材，就地加工，就地组合，通过煤炭炼焦与石灰石反应生产出电石、乙炔，通过 煤化工生产出甲醇、甲醛，最后再沿着"炔醛法"路线，使这种简称为BDO的有机化工和精细化工原料， 一体化生产基地迅速起势。 为充分展现能源领域新质生产力发展成效，《中国能源报》推出"深入践行国家能源安全"系列报道。 《中国能源报》将目光聚焦北疆，携手内蒙古自治区能源局、自治区矿山安全监管局，深入工作一线， 全方位呈现内蒙古在能源保供、安全治理与技术创新领域的坚实步伐与卓越成就。从顶层设计到基层实 践，多方合力，共同谱写能源高质量发展的崭新篇章。 本期为系列纪录 ...

Investment Rating - The report maintains a "B" rating for the new materials sector, indicating a stable outlook with potential for recovery in the carbon fiber industry [2]. Core Insights - The carbon fiber industry is experiencing a price increase, confirming a bottoming out of the market and a potential recovery in demand. High-end carbon fiber demand is expected to rise significantly, particularly in wind power and aerospace applications, with actual consumption in China projected to reach 96,446 tons in 2025, a year-on-year increase of 71.89% [5][7]. - The new materials sector index decreased by 0.23% recently, outperforming the ChiNext index by 2.03%. Key segments such as industrial gases and biodegradable plastics showed positive growth, while semiconductor materials faced a decline [2][19]. Summary by Relevant Sections 1. Market Performance - The new materials sector index fell by 0.23%, while the ChiNext index dropped by 2.03%. Over the past five trading days, the synthetic biology index rose by 1.76%, industrial gases increased by 3.86%, and battery chemicals decreased by 2.87% [2][19]. 2. Price Tracking - Key prices include: - Valine: 13,700 CNY/ton (+4.98%) - Arginine: 20,950 CNY/ton (unchanged) - Methionine: 17,850 CNY/ton (-0.56%) - PLA (injection grade): 17,800 CNY/ton (unchanged) [3]. 3. Investment Recommendations - The report suggests focusing on leading companies in the carbon fiber sector, such as Jilin Chemical Fiber, Zhongfu Shenying, Zhongjian Technology, and Guangwei Composites, as they are expected to benefit from the recovery in high-end carbon fiber demand [7].

Investment Rating - The report maintains a "B" rating for the new materials sector, indicating a leading position in the market [2]. Core Insights - The central economic work conference emphasizes a comprehensive green transition, suggesting a focus on upstream raw material opportunities in the wind power sector. The wind power industry is expected to maintain a high prosperity pattern, with annual new installed capacity projected to be no less than 120 million kilowatts during the 14th Five-Year Plan period, reaching a cumulative installed capacity of 1.3 billion kilowatts by 2030 and 5 billion kilowatts by 2060 [5][4]. Market Performance - The new materials sector saw an increase of 0.66%, underperforming compared to the ChiNext Index, which rose by 2.08%. Over the past five trading days, the synthetic biology index fell by 1.58%, while semiconductor materials increased by 6.21%, electronic chemicals by 7.05%, industrial gases by 4.48%, and battery chemicals decreased by 1.88% [2][18][13]. Price Tracking - Amino acids: Valine at 13,050 CNY/ton (up 3.57%), Arginine at 20,950 CNY/ton (down 1.87%), Tryptophan at 30,500 CNY/ton (unchanged), Methionine at 17,950 CNY/ton (down 2.45%) [3]. - Industrial gases: UPSSS grade hydrofluoric acid at 11,000 CNY/ton (unchanged), EL grade hydrofluoric acid at 6,160 CNY/ton (up 0.98%) [3]. - Degradable plastics: PLA (FY201 injection grade) at 17,800 CNY/ton (unchanged), PLA (REVODE 201 blow film grade) at 16,800 CNY/ton (down 1.18%) [3]. Investment Recommendations - The report suggests focusing on wind blade manufacturers such as "Shidai New Materials" and "Maijia Xincai" due to the anticipated growth in the wind power upstream materials market [5].

Group 1 - The report indicates that the upstream oil price is expected to bottom out in 2026, with a shift from a clear surplus to marginal tightening in the oil market, while still remaining in a loose environment. The average oil price for 2026 is projected to fluctuate between $55 and $65 per barrel, influenced by various factors including geopolitical risks and OPEC+ market stabilization actions [3][40][43] - The demand for global crude oil is expected to grow at a rate of approximately 80,000 to 100,000 barrels per day in 2026, with the growth primarily driven by developing economies, while demand in developed regions like North America and Europe is nearing its peak [38][39] - The refining supply structure is undergoing optimization, with a focus on eliminating outdated capacity and enhancing the quality of production. The report highlights that the domestic refining capacity is projected to reach 1 billion tons by 2025, with a significant portion of this capacity being concentrated in large-scale refineries [46][51][62] Group 2 - The report recommends investment in private refining enterprises with scale advantages and a long chemical industry chain, such as Hengli Petrochemical and Rongsheng Petrochemical, as well as polyester filament leaders like Tongkun Co. and Xin Fengming [2][3] - The report emphasizes the importance of the chemical oil demand, which is expected to continue its long-term growth trajectory, with the share of chemical oil consumption in total oil consumption projected to rise to 50% by 2026 [62][64] - The report notes that the refining industry is likely to enter a period of stock competition, with a significant amount of outdated refining capacity facing potential elimination, particularly among smaller refineries [51][54][59]

Core Viewpoint - The article discusses the potential of carbon dioxide (CO2) as a resource for biomanufacturing, highlighting advancements in converting CO2 into valuable products such as starch, proteins, and biodegradable plastics, which can contribute to sustainable development and carbon neutrality [10][11][12]. Group 1: CO2 as a Resource - CO2 is not only a greenhouse gas but also a crucial raw material for biomanufacturing, participating in the global carbon cycle and supporting the food chain [11][12]. - The international community is increasingly focusing on how to convert CO2 into useful resources, shifting from passive emission reduction to active utilization [11][12]. Group 2: Advances in CO2 Conversion - Researchers have made significant progress in developing new pathways for CO2 conversion, including the design of artificial carbon fixation pathways that outperform natural processes [13][14]. - The first artificial synthesis of starch from CO2, achieved by the Chinese Academy of Sciences, demonstrates a method that does not rely on photosynthesis, utilizing chemical catalysis and enzymatic reactions [15][16]. Group 3: Industrial Applications - Microbial proteins are emerging as a sustainable protein source, with companies successfully converting CO2 or industrial waste gases into microbial protein, thus not competing with food resources [16]. - The development of biodegradable plastics from CO2 captured from seawater showcases the potential for large-scale production and addresses marine acidification [17]. Group 4: Future Implications - The exploration of CO2 bioconversion mechanisms and the development of efficient carbon fixation systems are recognized as significant scientific challenges, with the potential to reshape material production and contribute to carbon neutrality goals [17][18].

Core Viewpoint - The petrochemical industry listed companies are categorized into four sub-sectors: oil and gas resources, oil service equipment, petrochemicals, and downstream materials. In Q3 2025, the average price of Brent crude oil was $68.17 per barrel, showing a year-on-year decline. The performance of each sub-sector is as follows: (1) upstream oil and gas resources saw a decline in profitability year-on-year but maintained a certain level of profit; (2) the oil service equipment sector achieved positive year-on-year net profit growth; (3) the petrochemical sector overall saw an increase in profitability year-on-year; (4) in the downstream materials sector, products like photovoltaic film, carbon fiber, synthetic biology, biodegradable plastics, and inkjet materials experienced significant year-on-year profit improvements [1]. Oil and Gas Resources - In Q3 2025, the upstream oil and gas extraction sector achieved a net profit attributable to shareholders of 85.341 billion yuan, a year-on-year decrease of 7% but a quarter-on-quarter increase of 6%. The three major oil companies increased cost reduction and efficiency efforts, achieving a net profit of 83.225 billion yuan, down 6.9% year-on-year but up 6.2% quarter-on-quarter [1]. Oil Service Equipment - The oil service equipment sector saw steady profit growth, with a total net profit attributable to shareholders of 3.598 billion yuan in Q3 2025, representing a year-on-year increase of 12% but a quarter-on-quarter decrease of 14%. The petrochemical sector continued to grow, with a total net profit of 7.233 billion yuan, a year-on-year increase of 299.67% and a quarter-on-quarter increase of 12% [2]. Petrochemical Sector - The petrochemical sector's overall profitability continued to grow, with a total net profit of 7.233 billion yuan in Q3 2025, reflecting a year-on-year increase of 299.67% and a quarter-on-quarter increase of 12%. The private refining sector saw profit growth, achieving a net profit of 2.615 billion yuan, up 23.28% quarter-on-quarter. However, the light refining sector experienced a profit decline, with a net profit of 0.851 billion yuan, down 29.46% quarter-on-quarter. The coal chemical sector also saw a slight profit decrease, with a net profit of 4.037 billion yuan, down 2.55% quarter-on-quarter [2]. Downstream Materials - In Q3 2025, the downstream materials sector achieved a total net profit of 0.555 billion yuan, a year-on-year increase of 73.27% and a quarter-on-quarter increase of 47.30%. Specific products such as photovoltaic film, polyester bottle sheets, electrolytes, carbon fiber, and polyester films saw significant quarter-on-quarter profit growth of 68.11%, 38.75%, 37.17%, 3.30%, and 50.51%, respectively. Conversely, synthetic biology, biodegradable plastics, and inkjet materials experienced quarter-on-quarter profit declines of 17.31%, 36.78%, and 22.47%, respectively [3].

Group 1 - The modern coal chemical industry is focusing on high-quality development under the dual carbon goals, emphasizing green, low-carbon, and intelligent trends [1] - Experts suggest achieving green and low-carbon development through raw material lightening, low-carbon production processes, industrial clustering, green hydrogen industrialization, and resource utilization of waste and CO2 [1] - The new 15 million tons/year clean and efficient coal conversion demonstration project by Shaanxi Coal Group aims to produce high-value products, including battery electrolyte solvents and biodegradable plastics, leveraging low-rank coal [2] Group 2 - The development of diversified and high-end products is seen as the direction for upgrading coal-to-oil processes, with technologies like Fischer-Tropsch synthesis enhancing economic viability [2] - The "Guoning Furnace" gasification technology has been successfully applied in a 4 million tons/year indirect liquefaction project, yielding significant economic and social benefits [2] - Reports on renewable electricity production of green hydrogen and its conversion into low-carbon fuels and chemicals were presented, highlighting advancements in energy efficiency and intelligent development in the industry [3]

Core Insights - The Chinese government has officially recognized biomanufacturing as one of the seven key future industries, alongside quantum technology and hydrogen energy, aiming to establish a high-tech industrial framework [2] - Biomanufacturing is positioned as a critical driver for industrial upgrading and high-quality economic development in China, comparable in importance to semiconductor manufacturing [2] Biomanufacturing Overview - Biomanufacturing utilizes industrial biotechnology to transform living cells into production facilities, converting renewable raw materials into high-value products such as pharmaceuticals, vaccines, biodegradable plastics, and synthetic fuels [2] Gene Editing Industry Analysis - Gene editing is a core technology supporting biomanufacturing, with applications in agriculture and disease treatment [3][4] - In agriculture, gene editing has been successfully applied to develop high-yield, disease-resistant crop varieties and improve livestock breeds [4] - In the medical field, gene editing shows potential in treating genetic diseases and cancers, providing new therapeutic options [4] Synthetic Biology Industry Analysis - Synthetic biology acts as an accelerator for biomanufacturing, impacting various sectors including energy, materials, and pharmaceuticals [8] - It is projected that 35% of petrochemical and coal chemical products could be replaced by biomanufactured products in the next decade, leading to significant economic implications [8] - The global market for synthetic biology in China was approximately $937 million in 2022, with expectations for rapid growth [11] Future Impact and Market Potential - Biomanufacturing is expected to revolutionize manufacturing processes, agricultural practices, and natural product sourcing [13] - By the end of the century, biomanufacturing could account for one-third of global manufacturing output, creating a market valued at $30 trillion [14]