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The China Edit – February 2021

The China Edit is a monthly curation of business news and reports which have a direct impact on the Chinese – and global – composites industry.

The China Edit – February 2021
READING TIME

1 minute, 40 secondes

With a year to go, Beijing unveils 2022 Games torch
Using a combustion system developed by the China Aerospace Science and Technology Corp, the torch’s flame, fueled by eco-friendly hydrogen, was designed and has undergone rigorous testing to burn reliably in all weather conditions and to withstand strong winds and extreme low temperatures. Made of carbon-fiber materials, the torch is light in weight and resistant to high temperatures.
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China’s jets set to challenge Boeing and Airbus
COMAC may be added to America’s “Entity List,” meaning its American suppliers would have to receive special licenses from the Commerce Department in order to ship their products to COMAC.
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New-material rocket tanks to boost China’s space launch capability and manned missions
Rocket tanks make up more than half of the weight and space of a rocket body structure, and when filled with fuel, their weight makes up more than 90 percent of a rocket’s total weight, an industry insider, who requested anonymity, told the Global Times
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Chinese carmakers raise five-year sales guidances
China will implement preferential corporate income taxes in 12 provinces in western China to promote the automotive, aerospace, glass fibre, high temperature alloy, 3D printing, superconducting, special ceramics and graphene industries.
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Expected growth in EV and hybrid vehicles seen helping drive polymer demand
The growing trend toward electric vehicles (EVs) and self-driving autonomous (and semi-autonomous) vehicles is creating opportunities for new and expanding applications for a variety of advanced plastic and composite materials.
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Polestar CEO, Thomas Ingenlath, on the performance electric car brand
The factory has no industrial water discharge and is implementing a circular approach to waste handling, such as recycling waste carbon fiber material and reduction of landfill waste. The Polestar sustainability pledge takes on the concept’s wider meaning to be responsible employers and safeguarding the environment around the factory from pollution.
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Toray well positioned for future growth in China
Since its founding in 2002, the company has invested 19.2 billion yuan (US$2.95 billion) in China. In terms of corporate social responsibility in the country, Toray was one of the sponsors of Shanghai International Marathon.
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