Jindan Technology (PLA/PBAT for 3D Printing)
Producer of polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), and lactic acid derivatives used as feedstock materials for 3D printing, industrial textiles, packaging, and medical applications.
- CEO / Founder
- Zhang Peng
- Team Size
- 501-1000
- Stage
- Active
- Total Funding
- $200M-300M (estimated IPO size based on GEM listing and market cap)
- Latest Round
- IPO
- Key Investors
- Shenzhen Stock Exchange public shareholders (post-IPO, April 2020)
Technology & Products
Key Products
Polylactic Acid (PLA) — filament-grade and injection-molding grade; Polybutylene Adipate Terephthalate (PBAT) — biodegradable copolymer; Lactide — precursor monomer for PLA synthesis; L-Lactic acid — primary monomer and food/pharma ingredient; Lactic acid salts (calcium lactate, sodium lactate) — food & pharma; Lactate esters — cosmetics and specialty applications; Modified starch — biopolymer compound component; Cellulose whiskers — biopolymer reinforcement
Technological Advantage
28 invention patents covering fermentation, strain engineering, purification, and polymer synthesis. Proprietary core processes reduce production cost per kilogram vs. competitors. National R&D platforms (Academician Workstation, Engineering Technology Research Center, CNAS laboratory) provide continuous innovation in biopolymer chemistry. Strain breeding system creates defensible supply of raw materials.
Differentiation
Value Proposition
Asia's largest producer of PLA and PBAT (100,000 MT capacity); biodegradable polymer feedstock reduces material cost and environmental impact for 3D-printed parts. IPO-backed stability and 28 proprietary patents provide supply security and technology moat.
How They Differentiate
Largest production capacity in Asia (100,000 MT vs. competitors' typically 10k–50k MT). Fully integrated from fermentation feedstock control (corn starch) to finished polymer compounds — competitors often rely on purchased lactic acid. Listed on Chinese A-share exchange providing regulatory credibility and lower cost of capital. 28 proprietary patents defend core fermentation and polymer synthesis processes.
Market & Competition
Target Customers
3D printing material suppliers, packaging manufacturers, textile producers, medical device makers, agricultural film producers
Industry Verticals
3D Printing & Additive Manufacturing; Packaging & Films (agricultural, food); Textiles & Fibers; Medical & Biocompatible Implants; Food & Beverage; Pharmaceuticals; Cosmetics; Environmental/Biodegradable Materials
Competitors
Zeon Corporation (Japan) — PLA and biopolymer materials; Total Corbion (Netherlands) — Global PLA producer; Futerro (Belgium/France) — PLA and specialty polyesters; Braskem (Brazil/Global) — biopolymers and biodegradable plastics; Henan Honghui Biotechnology Co. (China) — competing lactic acid producer
Growth & Milestones
Growth Metrics
Production capacity: 100,000 metric tons per year (as of 2024). IPO listing: April 22, 2020 on Shenzhen Stock Exchange GEM (ticker 300829.SZ). Market leadership: Asia's largest lactic acid and PLA producer by capacity. Certifications: ISO9001, ISO22000, ISO14001, OHSAS18001, FAMI-QS, Kosher, Halal.
Major Milestones
Founded 1984 as Dancheng County Biochemical Factory; Restructured to joint-stock company (modern operations); April 22, 2020 — IPO on Shenzhen Stock Exchange Growth Enterprise Market (GEM), ticker 300829.SZ; First A-share listed company in China's lactic acid industry; Established Henan Polylactic Acid Degradable Materials Industry Research Institute; Expanded to 100,000 metric tons annual capacity; Established European distribution via JINDAN Europe (The Netherlands)