Bisphenol A the EU banned *st new material said no effect

The European Commission on Food and Animal Health has passed a decision banning the use of plastics containing chemical bisphenol A to produce baby bottles, a measure that will come into effect from 2011.　　The reporter learned that, a-shares related companies such as *st New Materials (600299), such as production of bisphenol A more as an industrial raw materials, the EU ban on listed companies have no impact on performance. Under the new EU rules, Member States will prohibit the use of bisphenol a plastic to produce baby bottles from March 1, 2011 and prohibit the importation of such plastic baby bottles from June 1, 2011.　　Currently, France and Denmark have banned the sale of such bottles. Public data show that bisphenol A is a widely used plastic chemicals, baby bottles, beverage bottles and other plastic containers and packaging materials contain this substance. The debate over whether bisphenol A is harmful to health, especially children's health, has long been shown that bisphenol A may play a role like estrogen in the body, disrupting metabolism.　　Animal studies have found that bisphenol A may be associated with breast, prostate, and reproductive system diseases, and may also induce certain cancers. Earlier this year, Canada became the first country in the world to announce bisphenol A as a toxic substance because it had been officially included in the list of toxic substances because of its harmful effects on the environment and human health.　　March 2010, Canada banned baby bottles containing bisphenol A.　　The current a-share market in the production of bisphenol A is not many listed companies, *st new material is the domestic bisphenol A, the main manufacturer, its bisphenol a production capacity is mainly concentrated in the subsidiary Wuxi Bluestar Epoxy Co., Ltd. and Nantong Star Synthetic Materials Co. *st new materials in the securities times, said in an interview, "We are currently the vast majority of bisphenol A is for their own use, there used to be a part of the export of bottles and other products production, but because the price of bisphenol A is not too good, this part of the export has stopped." Therefore, the EU's restrictions will not have an impact on the operation of the company. "It is understood that bisphenol A is the main industrial use as the production of epoxy resin or polycarbonate raw materials, epoxy resin is mainly used in coatings and electronics industry."　　*st new material production of bisphenol A is mainly used to produce epoxy resin products, applied to the downstream coatings industry. In the spot market, the price of bisphenol A has fallen sharply since the four quarter of 2008, rebounding from the two quarter of 2009 and rising all the way up, up to October 15 this year the highest price of bisphenol a exceeds 22,500 yuan/ton.　　However, the current bisphenol A market price has fallen, the spot price of about 20,000 yuan/ton. Credit Securities analyst Zhang Pillars told reporters: "leading to the price of bisphenol A recently dropped a lot of reasons." There is still a period of time before the EU ban is formally implemented, and further observation is needed on whether the future price movements of bisphenol A will be affected by this factor. ”