August 29, 2024 – Yuantian Biotechnology and Huahao Chemical have recently announced a strategic partnership, jointly ushering in a new chapter in the bio-enzymatic regeneration of high-end polyester industry. This collaboration signifies a significant step forward in technological innovation and sustainable development, injecting fresh vitality into the recycled materials market.
According to reports, the partnership between Yuantian Biotechnology and Huahao Chemical will focus on the production of high-end recycled PTT polyester. As a leading enterprise in the research and development of enzymatic recycling technology for waste PET plastics, Yuantian Biotechnology will fully utilize its remarkable achievements in the field of waste textile bio-enzymatic recycling production. On the other hand, Huahao Chemical will be responsible for developing and producing rb PTT and other polymer material products using Yuantian’s bio-enzymatic recycled r PTA as the monomer raw material, and actively promoting market promotion and sales. This collaboration not only achieves a breakthrough in rb PTT products but also makes recycled PTT fibers a green fiber favored by major international brands.
AsiaMB understands that both parties have had in-depth exchanges and discussions before signing the agreement to ensure the smooth progress of the cooperation. This partnership will bring broader cooperation space for research and development collaboration, product development, and market expansion in the enzymatic recycling of polyester recycled materials.
It is worth mentioning that Yuantian Biotechnology will make its appearance at the upcoming ChinaReplas2024, the 30th China Plastics Recycling and Regeneration Conference & The 7th China International Plastics Recycling Exhibition. The company will introduce its industrialization progress and the latest technological breakthroughs. Visitors will have the opportunity to gain a deeper understanding of PET enzymatic hydrolysis products and technical solutions, and explore the future development of plastic recycling.
Furthermore, both companies stated that this cooperation is based on full recognition of each other’s technological strength and market prospects. With its strong R&D team and rich experience in scientific research projects, Yuantian Biotechnology has demonstrated considerable strength in biotechnology innovation. On the other hand, Huahao Chemical, with its profound industrial resources and technical experience in bio-based material application solutions, has become a preferred raw material supplier for many high-end application brands.