In today's world, ecological construction is making positive progress. 65% of the signatory countries of the United Nations Climate Change "Paris Agreement" have made commitments to protect or restore ecosystems. The Chinese government, on the other hand, aims for "ecological civilization" and strives for a higher level of sustainable development. Bamboo resources play a significant role in "nature-based development".
As the world's second-largest bamboo-producing country, China has abundant natural bamboo resources. Bamboo is favored by various industries for its fast growth cycle, recyclability, and aesthetic characteristics.
In China, the area of bamboo forests covers 7.01 million hectares, with 857 species belonging to 39 genera of bamboo plants, accounting for 52% of the 1,642 bamboo species worldwide. By 2022, the total output value of China's bamboo industry reached 415.3 billion yuan, with a total of 17.42 million employees. The bamboo industry has formed a complete industrial chain.
The upstream sector of the bamboo industry includes bamboo and its extracts, while the midstream sector includes various bamboo products such as bamboo building materials, bamboo food, and bamboo tableware. The downstream applications are extensive, including but not limited to papermaking, tourism, and home furnishings.
In 2023, the National Development and Reform Commission and other departments issued the "Three-Year Action Plan to Accelerate the Development of 'Bamboo as a Substitute for Plastic Initiative '" to provide a direction for promoting the development of bamboo industry and opening up new prospects.
In response to the rapidly growing bamboo industry, regions across China have actively responded to the national policy of "Bamboo as a Substitute for Plastic Initiative ". For example, Sichuan Province has proposed to include "Bamboo as a Substitute for Plastic Initiative " products in the scope of government procurement support and increase government procurement efforts. They are also accelerating the construction of the "Bamboo as a Substitute for Plastic Initiative " industrial system and encouraging the development of a circular economy in the bamboo industry. In Nanping City, Fujian Province, the overall development trend and policy direction of the bamboo industry are "Bamboo as a Substitute for Plastic Initiative""Bamboo Instead of Wood," and "Bamboo Instead of Steel". They are researching and producing a batch of competitive bamboo products and new materials to promote the high-quality and rapid development of the bamboo industry.
altPlus aims to be an innovator and leader in private industry with an early focus on complex engineering projects, material development and resource standardization and following with the accelerated adoption of lower cost, daily wares and construction products. We have been committed to the research and development of bamboo products in the aspects of "biomaterials", "fiber materials" and "degradable". At the fundamental level, altPlus has focused on the values streams that make the most efficient use of the bamboo stem with a focus on performance first, engineered bamboo composite materials (altPlus M Series™), balanced with research and development in large volume fiber based products which are about to make their impact on the global market.
Bamboo fiber packaging (Purbam™) products developed by the altPlus R&D team, are a cost effective, sustainable, pure bamboo fiber solution. Driven by global environmental protection policies, it has ushered in major development opportunities. altPlus' engineered bamboo products and solutions have become go-to technical products for the building and manufacturing industry benchmarks.
As a multinational company, altPlus global footprint and reach, aims to drive the development of the international bamboo industry. altPlus combines technology with a vision of sustainable economic development. Making full use of abundant bamboo resources and promoting the sustainable development of the global bamboo industry from the farmer and the forest to the fiber and the factory. The future will be advanced by biobased materials and altPlus will continue to innovate and share the progress for the development of the bamboo industry to better serve the world.