Overview
Kingfa Sci. & Tech. Co., Ltd. (金发科技) is Asia’s largest and first stock-market-listed company in the modified plastics industry. Founded in 1993 and headquartered in Guangzhou Science City, the company operates 64 subsidiaries worldwide and has grown into a globally preeminent supplier of advanced materials.
Through its dedicated subsidiary Zhuhai Kingfa Biomaterial Co., Ltd., Kingfa produces a comprehensive range of biodegradable and compostable bioplastic compounds under the ECOPOND brand. These materials serve the rapidly growing demand for sustainable packaging, agricultural films, and single-use alternatives in both domestic Chinese and international markets.
With revenue exceeding RMB 63 billion in 2025 and a workforce of over 10,000, Kingfa combines the scale of a major industrial conglomerate with deep expertise in polymer science and green chemistry.
Key Brands and Product Lines
ECOPOND® Biodegradable Compounds: The flagship bioplastics brand encompassing:
- ECOPOND Flex — PBAT-based flexible film compounds for compostable bags, agricultural mulch films, and food packaging
- ECOPOND Rigid — PLA/PBS-based rigid compounds for cutlery, containers, thermoformed trays, and 3D printing filaments
- ECOPOND Coating — PBS-based extrusion coating materials for paper cups and barrier packaging (home-compostable)
Specialty Biopolymers: PLA, PBAT, PBS, and PGA resins for compounding and direct processing.
Modified Plastics: The company’s traditional strength — engineering plastics, high-temperature nylons, LCP, and polyethersulfone for automotive, electronics, and construction.
Production and Facilities
Kingfa’s bioplastics production is centered at its Zhuhai Biomaterial Base (53.3 hectares / 800 mu), one of the largest dedicated bioplastics manufacturing facilities in Asia. The site houses:
- Biodegradable plastics production lines
- High-temperature nylon and specialty polymer facilities
- R&D laboratories for polymer modification and formulation development
- Compounding and pelletisation equipment
Global Manufacturing Footprint
| Facility | Location | Focus |
|---|---|---|
| Guangzhou HQ | Guangdong, China | Modified plastics, R&D |
| Zhuhai Biomaterial | Guangdong, China | Biodegradable compounds (ECOPOND) |
| Chengdu Kingfa | Sichuan, China | Advanced materials |
| Kingfa Spain (Montalbo) | Cuenca, Spain | Chemical recycling (30,000 t/yr) |
| Multiple subsidiaries | Asia, Europe, Americas | Regional compounding |
Certifications and Standards
Kingfa’s bioplastic products hold the following certifications:
- EN 13432 — Industrial compostability
- ASTM D6400 — US compostability standard
- OK Compost / OK Compost Home (TÜV Austria) — Industrial and home compostability
- BPI Certified Compostable — Biodegradable Products Institute (US)
- GB/T 28206 — Chinese biodegradable plastics standard
Sustainability Strategy
Kingfa has positioned sustainability as a core strategic pillar, aligning with China’s national goals of carbon peaking by 2030 and carbon neutrality by 2060.
Green Low-Carbon Material Solutions
At COP30 (November 2025), Kingfa’s Academician Li Jianjun presented the company’s full-chain carbon reduction pathway, covering:
- Bio-based feedstock development and green biomanufacturing
- Recycled content and circular economy integration
- Lifecycle carbon footprint calculation services for value chain partners
- End-to-end solutions from recycling through product design, production, and traceability
Recycling Expansion
Kingfa aims to achieve 1 million tonnes/year of plastic recycling capacity, with facilities in China and Europe. The Montalbo, Spain facility (inaugurated February 2025) is the company’s flagship European recycling operation with 30,000 tonnes/year capacity for high-performance recycled plastics.
Strategic Partnerships
In early 2026, Kingfa signed a strategic cooperation agreement with Beijing University of Chemical Technology for green biomanufacturing — targeting bio-based material development using biochemical technologies and biocatalysis to replace petrochemical feedstocks.
Market Position
Kingfa is the dominant bioplastics player in the Chinese market, which is the world’s largest consumer of biodegradable plastics driven by:
- Provincial single-use plastic bans (Jilin, Hainan, and others since 2015)
- National plastic pollution control policies
- Growing demand for certified compostable alternatives
Globally, Kingfa competes with BASF (Ecoflex), Novamont (Mater-Bi), and NatureWorks (Ingeo PLA), but offers uniquely vertically integrated capabilities spanning resin production, compounding, and recycling.
Financial Overview
| Metric | Value |
|---|---|
| 2024 Annual Revenue | RMB 65.3 billion |
| 2024 Net Profit | RMB 824.6 million (+160% YoY) |
| 2025 FY Net Profit Growth | +39.44% YoY |
| 2026 Q1 Net Profit Growth | +23.72% YoY |
| Stock Exchange | Shanghai (SSE: 600143) |
| Founded | 1993 |
| Subsidiaries | 64 worldwide |
| Countries served | 130+ |
| Customers | 1,000+ well-known enterprises |
Key Milestones
- 1993 — Company founded in Guangzhou
- 2004 — Listed on Shanghai Stock Exchange (SSE: 600143)
- 2012 — Launched ECOPOND biodegradable compound brand (30,000 t/yr initial capacity)
- 2015 — Supplied compostable bags for Jilin Province’s single-use plastic ban
- 2023 — Named “Enterprise of the Year” on Bloomberg Green ESG50 list
- 2025 — Inaugurated chemical recycling facility in Montalbo, Spain (30,000 t/yr)
- 2025 — Presented green material solutions at COP30
- 2026 — Launched bio-based home-compostable PBS coating material at CHINAPLAS 2026
Related Terms
- PBAT — Key component in ECOPOND flexible film compounds
- PLA — Base resin for ECOPOND rigid compounds
- PBS — Home-compostable coating material
- Compostable — Certification standard met by ECOPOND products
- Bioplastic Blends — Kingfa’s primary technical approach
- Starch-based Bioplastic — Alternative blend component