Huainan, Anhui/China, April 9, 2025 - Poly Material Technology brought its new carbon dioxide-based polyol plant on stream today in Huainan, Anhui province. This project marks a significant breakthrough in China’s green chemical technology, pioneering the large-scale conversion of industrial waste gases into new materials. It provides an innovative approach to address the pressure that resource-based cities face in a low-carbon development path and promotes the global green manufacturing.
Breakthrough Technological Innovation Drives Cost Reduction
As the first enterprise in China to achieve large-scale production of CO2-based polyols, Poly Material Technology has successfully converted carbon dioxide from industrial waste gases into high-performance materials through its independently developed catalytic conversion technology. The company claimed that their products perform well beyond current domestic standards, while production costs are only one-third of comparable international products. The plant can directly fix 180,000 tonnes of carbon dioxide annually, equivalent to the carbon sequestration capacity of approximately 1,000 hectares of forest.
“Under the guidance of the national ‘dual carbon’ strategy, the strong support from governments, partners, and financial institutions has enabled us to overcome the technical barriers to industrialisation,” said Mao Hongbing, founder and CEO at Poly Material Technology. Currently, the company is eying on overseas expansion and plans to collaborate with global partners to develop low-carbon polyurethane solutions, promoting green transformation in industries such as construction and automobile.
Circular Economy Model for Urban Transformation
Zhang Jinsong, vice mayor of Huainan, praised that Poly Material Technology’s CO2-based polyols project has set a model for urban sustainability. This technology transforms the “carbon burden” of the coal chemical sector into “carbon wealth”, paving a new path for resource-based cities to achieve “ecological priority and value regeneration” goals. Leveraging the well-established supply chain in the coal chemical industry park, Huainan is accelerating the construction of a green chemical system featuring low-carbon raw materials, clean production, and high-end products. He urged relevant departments to further optimize the business environment and support enterprises in deepening cooperation with research institutions like Chinese Academy of Sciences, continuously releasing “new productive forces”.
Green Revolution Empowering Various Industries
Poly Material Technology’s products are widely applied in polyurethane foams, adhesives, coatings, among others. Compared to petroleum-based materials, they have a carbon footprint reduction of over 60% and possess superior weather resistance and biodegradability. The company has established strategic partnerships with multiple leaders in NEV and green building materials industries. The commercialization of this technology will significantly reduce the costs for green transformation in manufacturing, with a projected reduction of over one million tonnes of carbon emissions in downstream industries by 2025.
“Poly Material Technology’s technological breakthrough has disrupted the long-standing reliance of the polyurethane industry on fossil fuels, greatly reducing the carbon emission intensity in the industry while enhancing China’s influence in global green revolution,” Lv Guohui, secretary-general at China Polyurethane Industry Association, commented. This technological achievement has a great significance for accomplishing China’s dual carbon goals and is expected to boost the restructuring of global supply chains.
In China’s progress toward dual carbon goals, Huainan, once known as a “coal city”, is leveraging technological innovation to unlock the infinite potential for green development. The groundbreaking initiative of Poly Material Technology not only opens up a new path of “turning carbon into gold” for China’s chemical industry but also showcases China’s wisdom in climate action to the world.
PUdaily’s New Media Center
