Focusing on degradable material PPC, Sinopec subsidiary and Puli Materials have reached a strategic cooperation

Latest News: Recently, Hangzhou Puli Materials Technology Co., Ltd. and Sinopec Ningbo New Materials Research Institute Co., Ltd., a wholly-owned subsidiary of China Petrochemical Corporation, signed the “Technology Development Cooperation Agreement”. The two parties cooperated on the synthesis and modification processing technology of carbon dioxide-based degradable plastic PPC.

President Huang Zhaohui of Sinopec Ningbo New Materials Research Institute signed a contract with Mao Hongbing, Chairman of Puli Materials

This cooperation is led by Puli Materials in the development of catalysts and related polymerization processes, and the development of reaction processes and PPC molding processes by Sinopec Ningbo New Materials Research Institute. After the project is officially completed and put into production, it will further improve the technical depth and production capacity structure of domestic carbon utilization and degradable materials, and consolidate my country’s world-leading position in high-value carbon utilization.

Who Inspired the Double Carbon Darling?

CCUS (Capture, Utilization and Storage of Carbon Dioxide) is not only the last line of defense for carbon neutrality, but also the realization of carbon neutrality by petrochemical enterprises (oil, petrochemical, coal) and high carbon emission enterprises (thermal power, steel, construction) that are highly dependent on fossil energy important way. Since China’s current power structure is still highly dependent on thermal power, for China’s energy security strategy, carbon capture and utilization technology is even more important than the transformation of the energy structure. Under such circumstances, CCUS would clearly be an important part of carbon neutrality. It is conservatively estimated that there are 5-1 billion tons of carbon emissions in the country, which will eventually need to be resolved through CCUS.

At present, the related technologies of the CCUS track are still in the early stage of industrialization, and the development of related technologies, scales and regulations is still incomplete.

As one of the few companies in the CCUS field that has mastered the high-value carbon utilization technology that has the conditions for industrialization, Puli Materials has independently developed the catalytic synthesis technology of carbon dioxide-based materials with carbon dioxide utilization technology as the core since 2016. The carbon sequestration rate of carbon dioxide-based materials produced by the company is as high as 30%. The introduction of carbon dioxide greatly reduces the dependence of synthetic materials on petrochemical raw materials, reduces the direct carbon emissions in the field of material synthesis, and achieves carbon neutrality. high economic value.

The company’s three main products have a market space of nearly 400 billion, with a wide range of applications. In addition to the polyol field with a global market size of more than 14 million tons, the degradable material PPC is also in a period of rapid growth, which can be used in food packaging materials, medical packaging materials, Degradable foam materials and other fields.

A “two-way” choice for the new generation of powerhouses

Sinopec Ningbo New Materials Research Institute has the industrial and technological advantages of Sinopec, combined with the advantages of Puli Materials’ carbon utilization technology, the two parties have carried out in-depth cooperation to overcome technical research and development difficulties, and are committed to breaking the problem of localization of high-end raw materials. Road to lay a solid foundation.

At the same time, as a research institute of Sinopec, it is a mission and a responsibility to help Sinopec achieve the “dual carbon” goal. The project of cooperating with Puli Materials to develop degradable material PPC will be an important step towards the field of carbon dioxide utilization and an important measure to implement the green and low-carbon development strategy. The two parties will make concerted efforts to jointly promote the incubation of CCUS technology and the transformation of achievements, promote the development of CCUS industry, occupy the high ground of carbon utilization technology, and jointly build a demonstration base for sustainable materials and green chemicals for mankind.