After The Plastic Ban, Is It A Good Opportunity To Invest In Biodegradable Plastic Bag Factories?

With a grain of salt：                                                           

From the capacity:

What is the cost of retrofitting a conventional plastic factory to produce biodegradable plastic?If the cost of modification is low, it is not recommended to invest.There is already too much capacity in conventional plastics, and when there is demand for biodegradable plastics, conventional companies will come in and break down the price.

From the material demand:

It is important to choose the right product track!  Important! Important!Every time in the exhibition to see many domestic small and medium-sized private enterprises have been in a rush to do the PLA, pinch for them.hat kind of biodegradable plastic bag do you choose?What are the application scenarios?What are its advantages over paper bags in terms of food safety, mechanical properties and price?

    In the field of packaging, the basic consensus of the industry is to consider the use of biodegradable/Marine degradable plastics or high-barrier paper for categories that are easy to be discarded at will (plastic bags, straws, small bottle caps, packaging and wrapping film, etc.), and to advocate plastic recycling economy with recycling value.In other words, the industry does not accept the promotion of plastics that require composting conditions to degrade:(1) Composting degradable plastics are highly similar to traditional plastics, so it is difficult to screen for recycling, resulting in the degradation of recycled traditional plastics and even the inability to recycle them;(2) Most countries in the world do not have composting capacity.Using compostable plastic to degrade plastic doesn't actually solve the plastic waste problem.

Finally, it is welcome to see more capital flowing into the green economy.I hope there will be more Chinese enterprises with technical advantages and barriers on this track, instead of internal coils.