Taking stock of hot events in the bio-based industry in 2024, we have summarized 5 trends!

2024 is an important year for the development of bio-based and bio-economic industries. [Bio-based energy and materials] Looking at the progress of the bio-based industry in a year, there has been new progress in five aspects: international policy, scientific and technological progress, enterprise operation cooperation, industrialization project progress and investment and financing cooperation, and has brought great confidence to the industry.

From the perspective of international policy, bio-manufacturing was officially included in the "Government Work Report"; Departments such as the Ministry of Industry and Information Technology have also listed bio-based materials as "strategic key materials" to provide a clear direction for industrial development. Zhejiang will also further support the development of non-grain industries. But internationally, the United States has also increased its research and development efforts and competition.

From the perspective of scientific and technological progress and technological breakthroughs, major domestic research teams have made major technological breakthroughs and cooperation in related directions such as bio-based chemicals, bio-based materials, bio-based elastomers, and bio-based textile fibers.

③ From the perspective of business cooperation, the terminal brand uses bio-based and degradable materials; Material enterprises to expand the application of downstream terminals; Enterprises go to sea and so on to become the main theme.

From the perspective of the progress of industrialization projects, biomass energy, bio-based chemicals and materials industry projects, such as ethanol, SAF, FDCA, ethanol, BDO, long chain dibasic acid, PHA, bio-based elastomers, polylactic acid, bio-based leather and other product development and large-scale production are obvious.

⑤ From the perspective of project investment and financing, product companies listed; The fate of state-owned assets; FDCA, polyols and other chemical companies a new round of financing; Events such as the creation of non-food bio-based enterprises have highlighted the concern of bio-based industry financing.