[The total investment is 10.7 billion yuan!] On December 25, 2025, Wuhai City, Inner Mongolia and Shanghai Dongjing Green Energy New Materials Co., Ltd. signed an investment cooperation agreement, and the degradable materials industrial park project with a total investment of about 10.7 billion yuan officially settled in Wuda District, Wuhai City. The project takes the core path of "coal based resources+BDO industry support" and is committed to promoting the transformation of coal resources into high-end chemical raw materials. The project will focus on building a full industry chain of "coal BDO PBAT degradable modified materials" with PBAT (biodegradable plastics) as the core, mainly constructing 1.2 million tons/year PBAT equipment, 3 million tons/year modified and 2 million tons/year product projects. This move will effectively promote the construction of a biodegradable new material industry cluster in Wuhai City and assist in the green transformation of the industry.Editor/Gao Xue

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• 2025.12.31 14:20
• [Hungary announces € 2.2 billion railway upgrade plan, to be launched in 2026]
• The Hungarian National Railway Company announced that it will launch a series of railway upgrade projects with a total investment of 2.2 billion euros in 2026, setting a historical record for the country's railway investment scale. The funds mainly come from joint financing between the European Investment Bank and the Hungarian government. The project focuses on lifting long-standing speed restrictions, replacing old switches, and renovating critical road sections. Among them, the construction of the Budapest West Line will restore trains to operate at a speed of 80 kilometers per hour; The Mishkolz Nerijhazo section will undergo bridge renovation and other modifications to increase the maximum speed of the line to 120 kilometers per hour. Editor/Gao Xue

• 2025.12.31 14:14
• [China's green methanol industrialization breakthrough: Hainan signs 100000 ton project]
• On December 25, 2025, CIMC Green Energy, Datang Ocean Energy Development Co., Ltd., and Yangpu Economic Development Zone of Danzhou Municipal Government signed a memorandum of cooperation to jointly build the Hainan Danzhou Green Methanol Full Industry Chain Project. According to the agreement, the project plans to construct a green methanol demonstration project with a production capacity of 100000 to 200000 tons per year, covering multiple aspects such as production, certification, trade, and refueling, committed to promoting the industrial development of green fuels in Hainan. This signing marks the further entry of China's green methanol industry into a stage of large-scale development. Previously, CIMC Green Energy's 50000 tons/year biomass gasification to green methanol project located in Zhanjiang, Guangdong was put into operation in December, and the second phase with a production capacity of 200000 tons has also started preparations. Editor/Gao Xue