On February 23, Teng min, member of the Party group and deputy director of the municipal development and Reform Commission, and his party went to Haoyuan company to investigate the all biodegradable plastic project. Accompanied by fan Diancai, Secretary of the Party committee and chairman of the board of directors of the company, Gao Yulei, deputy general manager, and Mei Shumei, director of the chief engineer's office.

He said Haoyuan plans to invest 1.291 billion yuan to build an annual output of 300000 tons of all biodegradable plastics (PBAT) production plant and supporting utilities and auxiliary facilities. After the completion of the project, non hazardous degradation of waste plastics can be realized, which is of great significance to environmental protection. At the same time, the annual sales revenue can be increased by 4.786 billion yuan, which has good economic and social benefits.
Teng Min said that the construction of all biodegradable plastics project responds to national policies, conforms to Fuyang's economic development plan, and has broad market prospects. The municipal development and Reform Commission will continue to create a high-quality environment for the development of enterprises, provide strong support, and promote enterprises to become better, stronger and bigger.