Rainbow Fine Chemical is preparing to establish two subsidiaries to produce 13,000-13,500 tons per year of biodegradable materials, as their previous 2010 investment in biodegradable materials did not yield a profit. The document then provides headlines and brief summaries on recent developments in the Chinese biomaterials market, including decreases in imports of castor oil and cassava, plans to ban non-degradable plastic bags, and new facilities planned or coming online for production of materials like PLA fiber, succinic acid, and bio-based LDPE.

1. Find Hot News in Biomaterials China News 1307
Tag: biomaterial, PLA fiber, Bioplastic package, Biological PET, Lyocell fiber, PAM, Biological
PDO
Summary: Rainbow Fine Chemical is preparing to establish two wholly owned subsidiaries to
produce bio-degradable materials with total capacity of 13,000t/a -13,500t/a, while the company's
previous investment on bio-degradable materials in 2010 hasn't yielded any profit.
Published on the 8th
every month, Biomaterials China News is a monthly publication released by
CCM. It offers timely update and close follow up of China’s various kind of Biomaterials market
dynamics, analyze the market data and trends. Biomaterials China News including 12 to 14 topics
in one issue per month, will bring you the latest information on the latest market dynamics,
company dynamics, new biomaterials products, new biomaterials technology development, new
legislations and policies and raw material supply dynamics that are shaping the market.
Following are headline news of the latest issue of Biomaterials China News:
China's import volume and price of castor oil and its derivatives decrease in May 2013
In May 2013, China imported 17,946.1 tonnes of castor oil and its derivatives, with an average
import price of USD 1,441/t. Both the import volume and price witnessed a decrease compared to
April 2013.
China's import volume of dry cassava decreases in May 2013
In May 2013, China's import volume of dry cassava witnessed a decrease, while the average
import price of dry cassava saw a slight increase.
China's PLA foreign trade decreases in May 2013
In May 2013, China's import and export volume of PLA reached 619.7 tonnes and 67.3 tonnes
respectively, both witnessing a decrease compared to April 2013.
Jilin Province plans to ban disposable non-degradable plastic bags and lunch boxes
China grants zero-tariff to primary PLA from Hong Kong
University of Sydney develops bio-material PPC
Thailand may scrap cassava subsidy for 2013-2014 season
In May 2013, the Tapioca Policy Committee decided to scrap the cassava subsidy for the 2013-
2014 season. This was due to improved cassava prices caused by China's high demand.
Corn price may witness slight increase from July 2013
The domestic corn price may witness a slight increase from July 2013.
Myriant starts commercial production of bio-based succinic acid
On June 17, 2013, Myriant announced that it successfully commercialized the production of bio-
based succinic acid in Lake Providence, Louisiana.
A USD1.3 billion PLA fiber project starts in Nanle County, Henan
On June 4, 2013, a PLA fiber project with a total investment of USD1.3 billion started construction
in Nanle County, Henan Province.
Tetra Pak to sign supply agreement on LDPE with Braskem

2. On June 26, 2013, Tetra Pak announced that it plans to sign an agreement with Braskem for the
supply of bio-based LDPE to its packaging material factories in Brazil.
Rapidly growing polyamino acid industry in China
In the past few years, with the active efforts of some experts, China has made significant
progress in the R&D and commercial application of polyamino acid.
Latest development trend of biodegradable plastics
In the past few years, the biodegradable plastics industry has witnessed a rapid development due
to three main reasons.
PBS industry attracts many participants in China
From 2012 until now, the PBS industry attracted many participants in China even though the
domestic PBS market is not mature enough.
HTGP introduced into Chinese Mainland
Two implementation plans for bio-based materials promoted in China
BASF uses Genomatica technology for bio-based BDO production
On May 10, 2013, BASF announced that it would invest in a bio-based BDO production device
with a capacity of 50,000t/a, utilizing the patented technology of Genomatica.
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