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Hohhot degradation project plans to be trial production in March next year

Source: Biodegradable Materials Research Institute
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November 20, 2023, 2:00 PM
Hohhot Economic and Technological Development Zone news, on November 9, the signing ceremony of the investment cooperation agreement between Hohhot Economic and Technological Development Zone and Judi High-tech Development (Sichuan) Co., Ltd. for the production of fully biodegradable materials with an annual output of 100,000 tons was held in Chengdu. Liu Zhanying, Secretary of the Party Working Committee of the Economic Development Zone, witnessed the signing of the contract.
Ha Shun Chaolu, member of the Party Working Committee and deputy director of the Management Committee of the Economic Development Zone, signed project investment cooperation agreements with the executive deputy general manager of Judi High-Tech Development (Sichuan) Co., Ltd.
On November 14, Liu Zhanying, Secretary of the Party Working Committee of the Economic Development Zone, and Zhang Yinqiong, Deputy Director of the Strategic Investment Committee of Judi High-Tech Development (Sichuan) Company, and their party held a docking meeting for the fully biodegradable materials project in the Economic Development Zone to discuss relevant elements of the project implementation. Exchange in terms of service guarantees.
It is understood that the total investment of the project is about 400 million yuan, of which fixed asset investment is about 200 million yuan, 50 fully automatic production lines are built, and an annual output of 100,000 tons of fully biodegradable materials and products. The project plans to use the No. 1 standard factory building in Shaerqin Industrial Zone, Hohhot Economic and Technological Development Zone. It is planned to install and debug equipment and conduct trial production in March 2024. It is expected to sell 100,000 tons of fully biodegradable materials and products annually, achieving an annual output value of approximately 3 billion yuan. Yuan, annual tax payment is about 300 million yuan, and it is expected to directly employ about 200 people, driving about 1000 local jobs. Source: Biodegradable Materials Research Institute