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BBCA Biochemical Invested by SDIC Chuangyi Aids Beijing 2022 Olympic Winter Games to Achieve ‘green, low carbon’ Goal

2022-03-10

On February 20, 2022, the Beijing 2022 Olympic Winter Games closed with great fanfare. The Beijing Winter Olympics has achieved its goal of delivering an Olympics with a “green, inclusive, open and clean” approach and upheld the vision of “sustainability and together for a shared future”, which has fully demonstrated the Games' emphasis on environment protection. The most influential organizational investor in the country, SDIC Chuangyi actively practices its ESG investment philosophy and vigorously supports the key development sectors of the country's rural vitalization program and development of green, healthy and sustainable industries. At the grand opening ceremony of the Beijing 2022 Olympic Winter Games, the bamboo natural color tissue produced by SDIC Chuangyi-invested enterprise BABO was among others in the gift packets for the attendees. In addition, the biodegradable dinnerwares for the athletes were supplied by BBCA Biochemical with investment from SDIC Chuangyi.

With polylactic acid as main raw material, the biodegradable dinnerwares are produced with multi production links including crystallizing and drying, and heating and melting. Polylactic acid is a kind of high polymer and is made from crops such as corn and straw or agricultural and forestry waste. The dinnerwares are produced through polymerization reaction with highly purified lactic acid by using modern bio-fermentation technology and production of such dinnerwares has a pretty high technological barrier. At present, there are only three companies that master the core technology of polylactic acid production chain in the world. Of the three companies, the other two are Cargill Corporation of the United States and Total Corbion Corporation abroad. The third is BBCA Biochemical invested by SDIC Chuangyi.

The only domestic enterprise with core technology of biodegradable polylactic acid production chain, BBCA Biochemical won high recognition from the Beijing Organizing Committee for the 2022 Olympic and Paralympic Winter Games after tough competition and became the sole Official Biodegradable Dinnerware Supplier of Beijing 2022 on November 19, 2020 for the Beijing 2022 Olympic and Paralympic Games.

Products supplied by BBCA Biochemical for the Winter Olympics are in two categories: disposable dinnerwares and reusable dinnerwares. They have 28 varieties totaling 30 million pieces, including disposable knives, forks, spoons, food containers, food plates, and straws; and reusable food plates, bowls, chopsticks, spoons and plates, etc. The Winter Olympic and Paralympic Games have a pretty long time range and there are very strict criteria for hygiene and safety of dinnerwares, high standard requirements for the heat resistance and safety of disposable dinnerwares in the process of transportation and storage, and strict requirements for reusable dinnerwares to be sterile and safe. Therefore, BBCA Biochemical has developed high heat-resistant polylactic acid material and products after more than one year's R&D and applied its key technology to the manufacture of such dinnerwares. To guarantee the dinnerwares are safe for use, BBCA Biochemical, by following the national standards, EU food safety requirements and the requirements of the Beijing Organizing Committee for the 2022 Olympic and Paralympic Winter Games, had spent half a year's time to test the safety of the dinnerware and won high recognition and praises for the dinnerwares' quality from the Beijing Organizing Committee for the 2022 Olympic and Paralympic Winter Games and Olympic athletes. The publicity and demonstration of the biodegradable dinnerwares supplied by BBCA Biochemical have also attracted attention from the society and the media, with the mainstream media outlets such as CCTV and Xinhuanet to have special reports on BBCA Biochemical's biodegradable products.

Achieving the goal of carbon emission peak and carbon neutrality is the key strategic decision made by President Xi Jinping and the Chinese Government and also an inevitable choice for our country to tackle the environmental issue, promote sustainable development and build a community with a shared future for mankind. SDIC Chuangyi considers it its mission and responsibility to contribute to the country's strategy of carbon emission peak and carbon neutrality. At present, SDIC Chuangyi has invested heavily in clean energy and new material industries, and vows to make its contribution to promoting the economic development in underdeveloped regions and to rural vitalization and common prosperity through green development.

 

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