The fifth session of the United Nations Environment Conference will be held in Nairobi, Kenya, from February 28 to March 2, 2022. The overall theme is “strengthening natural action to achieve sustainable development goals”. Governments around the world will discuss ways to formulate the first global treaty to deal with plastic pollution.
Looking at China, the spokesman of the Ministry of ecology and environment said on February 23 that the prevention and control of plastic pollution is a common environmental challenge faced by the international community. Based on its own responsibilities, the Ministry of ecology and environment has actively strengthened the treatment of plastic pollution. Analysts said that driven by the plastic ban policy, it is predicted that by 2025, the total market demand for degradable plastics in China will reach 4152300 tons, 9.23 times that in 2018. Calculated at a unit price of 20000 yuan / ton, the market space will be 83 billion yuan.
According to the theme database of financial Associated Press, among the relevant listed companies:
Malion New Materials Co.Ltd(300586) said on the interactive platform that the company has produced bio based degradable masterbatch products, and the convertible bond raised investment project “construction project of high concentration color masterbatch with an annual output of 20000 tons” will be completed in the near future and will be put into operation as soon as possible.
Shenzhen Prince New Materials Co.Ltd(002735) is committed to the R & D and market promotion of all biodegradable materials such as environmental friendly agricultural plastic film and environmental friendly plastic bag. At present, it has been popularized and applied in small quantities in Xinjiang.
