On September 12, the signing ceremony of the industrialization project of 12,000 tons of bamboo fiber powder biobased degradable materials was held in Taihu County. It is understood that the industrialization project is invested and constructed by Anhui Haichuanda New Material Technology Co., Ltd. and Anhui Sutuo Packaging and Printing Co., Ltd. The planned total investment is 503 million yuan. Construction will start in October 2024 and is expected to be put into production in October 2025.