Kaisa Bio Officially Enters Another $100 Billion Market!

On August 28, the world's first bio-based composite refrigerated container made from bio-based polyamide continuous fiber composites produced by "Kaisa Bio" was officially delivered at Shanghai Huanyu Qingdao Container Factory.

The product is byJointly created by three parties,"Cathay Biotech" produces bio-based polyamide continuous fiber composites, with two other partner units.Respectively:

Sinotrans Container Lines Co., Ltd.China Merchants Group's fully-owned subsidiary under China Merchants Energy Shipping Co., Ltd., engaged in container liner shipping and comprehensive logistics services.

Shanghai Huanyu Qingdao Box Factory:A wholly-owned subsidiary of COSCO Shipping Development's Shanghai Universal Logistics

Thirty refrigerated containers made from Cathay Biotech's bio-based polyamide continuous fiber composites are neatly arranged, marking a critical step forward for China in the field of green logistics equipment. This breakthrough not only fills the domestic gap in the application of bio-based materials in refrigerated containers but also provides a replicable "Chinese solution" for the low-carbon transition of the global container industry.

The refrigerated containers delivered this time have, for the first time, applied Kaisai Biotech's independently developed bio-based polyamide continuous fiber composite materials to key components of the container body (such as the inner ceiling and inner side panels).

The material has low carbon and high performance as its core advantages, and it also features lightweight, high strength, wear resistance, and corrosion resistance. Its density is only 1/4 that of steel and 2/3 that of aluminum, yet it can achieve mechanical properties comparable to or even better than those of metal materials.

Technical Highlights:

Lightweight Revolution: By "replacing steel with plastic, replacing aluminum with plastic," significantly reduce the weight of containers, decrease transportation energy consumption, and help improve logistics efficiency.

Non-painting process: The material surface can meet functional requirements without additional treatment, reducing production costs and environmental pollution.

Low carbon and environmentally friendly: The lifecycle carbon emissions are significantly lower than those of traditional metal materials, aligning with the global trend toward carbon neutrality.

Strong corrosion resistance: Performs stably in harsh environments such as high humidity and low temperature, extending the product's service life.

Using bio-based polyamide composites to manufacture containers provides a new path that combines both economic efficiency and environmental friendliness for the container industry.

Economic benefits: Lightweight design reduces transportation costs, and the no-painting process reduces maintenance expenses.

Environmental benefits: Reduce carbon emissions throughout the entire lifecycle, helping enterprises achieve the "dual carbon" goals.

Industry demonstration: Providing replicable models of "replacing steel with plastic" for fields such as construction, new energy, and transportation logistics.

According to the "Global Container Construction Market Report (2024)", the global container construction market size in 2024 will reach 18 billion USD (approximately 128.6 billion RMB), representing a year-over-year growth of 22%.

The year 2024,China ContainerThe export volume was 5.45 million units, representing a year-on-year increase of 135.93%; the export value was 17.039 billion US dollars, representing a year-on-year increase of 105.83%.

The official delivery of this bio-based composite refrigerated container marks Cathay Biotech's official entry into the trillion-yuan container market.

This year, Cathay Biotech has achieved several milestone advancements in bio-based composite materials.

In January, the Qingdao Honghu RAP-AT1 active air temperature-controlled container, a subsidiary of Haier Biomedical, passed the airworthiness review of the Civil Aviation Administration of China and received the Technical Standard Order Authorization (CTSOA), officially entering the commercial stage. The container uses continuous fiber-reinforced thermoplastic bio-based polyamide composite materials from Cathay Biotech.

On February 12th, Anhui Kaixia Times Composite Materials Co., Ltd.Founded by Cathay Biotech, CATL's investment platform Puhua Capital, and Calay Composites.Registered capital of 150 million yuan. Mainly engaged in the research and development, production, and sales of bio-based composite materials for applications in battery housings, energy storage boxes, automotive parts, and other transportation fields.

On March 24, the "Hundred Major Projects of Strategic Emerging Industries" section on the official website of the State-owned Assets Supervision and Administration Commission of the State Council published an article titled "China Merchants Group Leads Innovation and Breakthrough in Bio-based Polyamide, Creating a New Engine for the Bioeconomy." The article highlighted China Merchants Group's investment in Cathay Biotech, which developed a thermoplastic bio-based polyamide composite material with a glass fiber content of over 70%.

April 9th,Kaisa Bio and South Korea's 3P.COM have jointly invested in the establishment of Hefei Hydrogen New Materials Co., Ltd. 3P.COM has industry-leading innovative design and manufacturing capabilities in fiber-reinforced composite materials, green energy, and storage and transportation technology, especially in the fields of hydrogen storage tanks and distribution pipelines.

May,China Merchants Kaisa Biomaterials (Hefei) Co., Ltd. announces a project with an annual production capacity of 41,000 tons of bio-based composite materials. The total investment is 468.5 million RMB for the construction of a project with an annual production capacity of 41,000 tons of bio-based composite materials.

On August 11, the Ningde Times-Kaisai (Hefei) bio-based battery shell manufacturing base project, constructed by Anhui Kaisai Times, was launched with a total investment of 500 million yuan. Once fully operational, it will have the capacity to produce 2.5 million sets of bio-based battery shells annually.