The "Project Feasibility Report" submitted by Shandong Zibo Zhongnan Pharmaceutical Packaging Materials Co., Ltd. in November 2021 shows that the company is teaming up with relevant companies in the industry to promote the establishment and commissioning of a project with an annual output of one million mu of carbon dioxide-based biodegradable agricultural film. According to the company's founder and CEO Wang Huanyu, the project covers an area of 50 acres, with a standard workshop of 10,000 square meters and a total investment of 350 million yuan. "We will invest 12 agricultural film production lines. After the project completed, the annual output of carbon dioxide-based biodegradable agricultural film is one million mu. As a living force in the plastics industry, Zibo Zhongnan actively participates in the 'plastic ban' and the courage to be the promoter of 'replacement of plastic' and strive for make a positive contribution."
Biodegradable materials are promoted by policies, in line with industrial policies, and help to solve the problem of environmental pollution. At present, the thickness of polyethylene agricultural mulch film that is widely used is 0.005mm. After the seedlings grow, the agricultural mulch film cannot be recycled. It is covered once a year and will never degrade and damage the soil structure. "If carbon dioxide-based biodegradable agricultural mulch film is used, the agricultural mulch film will degrade into carbon dioxide and water in the soil in the second year." Wang Huanyu said that Zibo Zhongnan started strategic cooperation with Changchun Institute of Applied Chemistry, Chinese Academy of Sciences as early as 2020 to develop carbon dioxide-based Biodegradable agricultural film technology. "The Changchun Institute of Chinese Academy of Sciences polymerizes carbon dioxide into resin, and the technology has reached the world's advanced level. Zibo Zhongnan adopts advanced modification technology to produce biodegradable bubble film with carbon dioxide-based biodegradable resin, as well as disposable gloves, shopping bags, garbage bags, and a series of products. Benefiting the country and the people, it is green and environmentally friendly, in line with the national 'double carbon' goal and related industrial policies, and has a very broad market prospect in the future."
"All processes of the project are green and environmentally friendly, and do not involve waste gas, waste water, or waste residue," Wang Huanyu said bluntly. After the project is put into operation, it is expected to reduce 50,000 tons of solid waste and 300,000 tons of carbon emissions, improve and strengthen the industrial chain, and solve the employment of 600 people. The benefits are immeasurable. Wang Huanyu revealed that the annual production of one million mu of carbon dioxide-based biodegradable agricultural film project can increase sales revenue by 600 million yuan and increase profits and taxes by 180 million yuan.