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M&G Chemicals Launches Green Revolution in the Polyester Chain
Date:11/18/2013

r green polyester revolution and our manufacturing entry in China from the green PET raw materials avenue is even more relevant considering The Coca-Cola Company has announced plans to use PlantBottle™ packaging, which is partially made from plants, for all of their PET plastic bottles across the globe by 2020," Marco Ghisolfi added.

"M&G Chemicals is today taking a big step towards a bio-based society where biomass is used for products like fuel, chemicals and plastics. We are incredibly excited to enable M&G Chemicals' vision of producing bio-plastics on a commercial scale and are looking forward to the long-term collaboration," says Thomas Videbaek, Executive Vice President and Head of Business Development in Novozymes.

"The second-generation bio-refinery and power cogeneration project is the core part of the Biomass Utilization Park that Guozhen plans to build in Fuyang City. Fuyang is rich in biomass resources; Guozhen is experienced in biomass collections and logistics; and M&G Chemicals owns the proven cutting-edge technology. Our cooperation will open a new era of biomass utilization and provide an effective solution for the full exploitation of biomass to tackle Chinese energy demand and environmental issues," said Mr. Li Wei, Chairman of Guozhen Group.

"Fuyang City is a large agricultural region in northwest Anhui Province. The crop planting area is up to 1.2 million hectares with 6 MMt/y of straw biomass available. The second-generation bio-refinery and power cogeneration projects planned by M&G Chemicals and Guozhen Group are technologically advanced, economically feasible and environmentally friendly. Fuyang City will provide full support to biomass collection, site selection, and land acquisition with incentive policies," said Mr. Lu Shiren, Standing Deputy Mayor of Fuyang
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