[News] Sugarcane Bagasse Food Packaging Becoming a New Highlight
Release time:
Apr 04,2025
sugarcane bagasse opens new world to sugar industry
![[News] Sugarcane Bagasse Food Packaging Becoming a New Highlight](/npublic/img/s.png "[News] Sugarcane Bagasse Food Packaging Becoming a New Highlight")
Guangxi has set off a green transformation boom of "sugarcane in and eucalyptus out".
As a major sugar town in the country, Guangxi's sugar production in the 2023/2024 crushing season reached 6.18 million tons, accounting for 60% of the national total production for 20 consecutive crushing seasons.
Among them, the export of 150,000 tons of sugarcane bagasse food packaging has become a new highlight, marking a breakthrough in the transformation and upgrading of the sugar industry.
This transformation is hard-won.
Ten years ago, the price of sugarcane plummeted to 4,600 yuan/ton, and the failure of the sugarcane bagasse papermaking project put the industry in trouble.
In 2014, Guangxi's sugar industry ushered in a turning point-the private giant Yongkai Group went bankrupt due to a broken capital chain.
The group tried to bail out with 2.4 billion yuan of real estate assets, but encountered bank loan restrictions and was eventually acquired by state-owned enterprises.
This incident accelerated the reshaping of Guangxi's sugar industry and promoted the industry's transformation to green and sustainable development.
Today, the rise of emerging products such as bagasse food packaging is injecting new momentum into Guangxi's sugar industry.
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Minjie Eco-Machinery Technology Co., Ltd.
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Tangxia Town, Pengjiang District, Jiangmen City, Guangdong, China
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Lihe Science Park, Shishan Town, Nanhai District, Foshan City, Guangdong, China