Zhejiang Wafa Ecosystem Science and Technology
Chinese manufacturer of bio-based and biodegradable materials, including PLA/PBAT compounds, biodegradable tableware, packaging films, and 3D printing filaments
- CEO / Founder
- 尹晓民 (Yin Xiaomin)
- Team Size
- 51-200
- Stage
- Established
- Total Funding
- $7.0M
- Latest Round
- Grant
Technology & Products
Key Products
Bio-based/biodegradable materials (PLA compounds, PBAT compounds, starch-based bioplastics, Bio-PE); Biodegradable tableware (knives, forks, spoons, plates, bowls, clamshell trays, cups, straws); Biodegradable films and bags (shopping bags, trash bags, T-shirt bags, courier bags); 3D printing filaments (PLA+ based); Biobased tableware with 50%+ biobased carbon content
Technological Advantage
Proprietary modification technology for PLA, PBAT, and starch-based composites; in-house R&D lab with advanced testing equipment; 30,000-ton annual production capacity; 200+ intellectual property assets; certified by international standards (EN13432, ASTM D6400, FDA, OK-COMPOST, OK-BIOBASED, BRC); member of China Degradable Plastics Committee and TC380 national standards committee
Differentiation
Value Proposition
Full value chain from R&D and material compounding to finished biodegradable products (tableware, bags, films, 3D printing filaments), with 30,000-ton annual capacity and certifications including EN13432, ASTM D6400, FDA, OK-COMPOST, and BRC
How They Differentiate
Unlike pure resin producers (Hisun) or pure 3D printing filament makers (eSUN), Wafa is vertically integrated from material compounding through finished products (tableware, bags, films) with 30,000-ton capacity, serving Fortune 500 clients across multiple biodegradable product categories simultaneously
Market & Competition
Target Customers
Biodegradable product manufacturers, supermarkets (Walmart), fast-food chains (McDonald's Japan), food delivery platforms (Meituan, Ele.me), logistics companies (SF Express), and 3D printing filament resellers
Industry Verticals
Packaging; Food service; Retail; Logistics; 3D printing; Agriculture
Competitors
Kingfa Science and Technology (金发科技); Zhejiang Hisun Biomaterials (浙江海正生物材料); Shenzhen BrightChina Industrial (深圳光华伟业/eSUN)
Growth & Milestones
Growth Metrics
Annual capacity: 30,000 tons; Products exported to 30+ countries; 200+ IP assets; 50,000+ sqm production area
Major Milestones
2006: Company founded; 2010: Acquired Wafa Green Plastic Packaging Products Co.; 2011: National High-Tech Demonstration Project passed national acceptance; 2012: Vice Chairman unit of China Plastics Processing Industry Association Degradable Plastics Committee; 2015: Member of SAC/TC380 (National Standardization Technical Committee for Bio-based Materials); 2017: Zhejiang Enterprise Standard Leader; 2018: "Zhejiang Made" standard enterprise; China Green Manufacturing Enterprise; 2019: Top 10 Degradable Plastics enterprises; National High-Tech Enterprise; 2021: Zhejiang "Specialized and New" (专精特新) SME; 2022: Provincial-level R&D center certification
Notable Customers
Walmart; McDonald's Japan; SF Express; Meituan; Ele.me