kingfa signs framework agreement about promoting its biodegradable agricultural film

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Kingfa signs framework agreement about promoting its biodegradable agricultural film Tag: Biological,PE,WPC,PDO,biodegradable,agricultural,film,bio- based,NPG,PBS Summary: On Dec. 5, 2013, Kingfa announced that it signed a framework agreement with the Xinjiang Production and Construction Corps (XPCC), to promote over 467,000 ha. of biodegradable agricultural film in XPCC's crop ecological region within the next three years. On Dec. 5, 2013, Kingfa Sci & Tech Co., Ltd. (Kingfa) announced that it signed a framework agreement with the Xinjiang Production and Construction Corps (XPCC), to promote over 467,000 ha. of its biodegradable agricultural film (using PBSA as biomaterial) in XPCC's crop ecological region within the next three years. Generally, 467,000 ha. of biodegradable agricultural film will consume approximately 20,000 tonnes of biodegradable plastic every year, according to CCM ’s Biomaterials China News issued in January. The framework agreement is reached based on the developmental direction of both organisations. In short, as the spring ploughing period approaches, biodegradable agricultural film with good performance has become the first choice for cotton farmers of XPCC, since they have witnessed the good degradation of biodegradable agricultural film in their cotton fields and obtained a cost- recovering reduction last year. Specifically, approximately 3,300 ha. of biodegradable agricultural film was promoted by XPCC in 2012. Kingfa, a leading biodegradable plastic producer in China, is actively preparing for the domestic market for biodegradable agricultural film after the No.1 Proposal was released in March 2013 (the No. 1 Proposal for strengthening the development of green agriculture will set the direction of the Chinese government's major tasks this year). Kingfa possesses a leading position in the development of China's biodegradable agricultural film industry. Firstly, the company's biodegradable agricultural film has a performance that is comparative with PE material. Moreover, its biodegradable agricultural film has proved to be completely biodegradable and has passed the EU-based EN13432 certification and the US-based BPI certification (ASTM D6400). Kingfa has even drafted a national standard of the new material

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Page 1: Kingfa signs framework agreement about promoting its biodegradable agricultural film

Kingfa signs framework agreement about promoting its biodegradable agricultural film

Tag: Biological,PE,WPC,PDO,biodegradable,agricultural,film,bio-based,NPG,PBS

Summary: On Dec. 5, 2013, Kingfa announced that it signed a framework agreement with the

Xinjiang Production and Construction Corps (XPCC), to promote over 467,000 ha. of

biodegradable agricultural film in XPCC's crop ecological region within the next three years.

On Dec. 5, 2013, Kingfa Sci & Tech Co., Ltd. (Kingfa) announced that it signed a framework

agreement with the Xinjiang Production and Construction Corps (XPCC), to promote over

467,000 ha. of its biodegradable agricultural film (using PBSA as biomaterial) in XPCC's crop

ecological region within the next three years. Generally, 467,000 ha. of biodegradable

agricultural film will consume approximately 20,000 tonnes of biodegradable plastic every

year, according to CCM’s Biomaterials China News issued in January.

The framework agreement is reached based on the developmental direction of both

organisations. In short, as the spring ploughing period approaches, biodegradable

agricultural film with good performance has become the first choice for cotton farmers of

XPCC, since they have witnessed the good degradation of biodegradable agricultural film in

their cotton fields and obtained a cost-recovering reduction last year. Specifically,

approximately 3,300 ha. of biodegradable agricultural film was promoted by XPCC in 2012.

Kingfa, a leading biodegradable plastic producer in China, is actively preparing for the

domestic market for biodegradable agricultural film after the No.1 Proposal was released in

March 2013 (the No. 1 Proposal for strengthening the development of green agriculture will

set the direction of the Chinese government's major tasks this year).

Kingfa possesses a leading position in the development of China's biodegradable agricultural

film industry. Firstly, the company's biodegradable agricultural film has a performance that is

comparative with PE material. Moreover, its biodegradable agricultural film has proved to be

completely biodegradable and has passed the EU-based EN13432 certification and the US-

based BPI certification (ASTM D6400).

Kingfa has even drafted a national standard of the new material industry—the "biodegradable

plastic used for blown film" (standard label: GB/T 29646-2013) has got the approval by the

General Administration of Quality Supervision, Inspection and Quarantine of the People's

Republic of China and the Standardization Administration of the People's Republic of China in

Sept. 2013. The national standard is scheduled to be implemented from Jan. 31, 2014.

According to an insider of Kingfa, the amount of biodegradable agricultural film will not

compress the orders of existing packaging film. It may, however, increase the sales of its

biodegradable plastic.

At present, the development of China's biodegradable agricultural film industry is mostly

limited by the high price and disordered industrial standards.

Page 2: Kingfa signs framework agreement about promoting its biodegradable agricultural film

On one hand, the price of biodegradable agricultural film is much higher than that of PE film,

making it unaffordable for the majority of farmers. According to related statistics, the price of

traditional agricultural film is about USD2,445.8/t, while the price of biodegradable agricultural

film will be over USD3,261.1/t (verified by Zhong Luhua, the chairman of Shenzhen Ecomann

Biotechnology Co., Ltd. (Ecomann)).

On the other hand, China has no strict industrial standards for the degradable agricultural film

industry, which can cause disorder in the industry. For example, many enterprises including

Guangdong Shangjiu Biodegradable Plastic Co., Ltd. (Guangdong Shangjiu) produce their

biodegradable film just by mixing PE with starch. Once the starch is decomposed, the PE

residue can hide in the soil and still do harm to the environment.

Related preferential policies need to be published to encourage more enterprises to enter the

biodegradable agricultural film industry and help ease the problem of white pollution in China.

Table of Contents of Biomaterials China News 1401:

China's PHA industry shows good momentum of development

Biological PE industry achieves progress in 2013

WPC brings business opportunities to domestic enterprises

Glory Biomaterial's biological PDO program put into operation

Kingfa signs framework agreement about promoting its biodegradable agricultural film

Shenzhen Union Red Kite Holding launches new bio-based NPG 100% degradable plastic

Hexing Chemical's PBS project receives governmental support

China's corn price decreases in Oct. but increases in Nov. 2013

New production capacity of 20,000 tonnes is put into SA industry

China's PLA import volume up while export volume down in Nov. 2013

China's import volume of fresh cassava increases sharply in Nov. 2013

China's import volume of castor oil and its derivatives decreases in Nov. 2013

BPFRG warns about biodegradable bags tax exemption

BASF produces its first commercial quantities of bio-based BDO

Futaste's polyol pilot service center project passes inspections

QIBEBT, CAS joins US-based BTB2C

Avantium produces 100% bio-based PEF T-shirts from recycled PEF bottles

Biomaterials China News, with 12 to 14 topics in one issue, published by CCM on 8th every

month, will bring you the latest information on the market dynamics, company dynamics, new

biomaterials products, new biomaterials technology development, new legislations as well as

policies and raw material supply dynamics, which are shaping the significant market

intelligence of the industry.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a

staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data,

Page 3: Kingfa signs framework agreement about promoting its biodegradable agricultural film

Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and

Consultancy Service.

For more information, please visit http://www.cnchemicals.com.

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17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou

510070, China

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