Zhejiang Xinan Chemical Group
Zhejiang Xinan Chemical Group Co., Ltd. (Hangzhou/Kaifeng; SHA: 600596; ~¥12B revenue) is China's largest and the world's largest single producer of glyphosate technical grade. Xinan operates approximately 500,000 metric tonnes per year of glyphosate capacity across its Kaifeng, Henan Province main production base — accounting for roughly 20-25% of global glyphosate output. Xinan uses the IDA (iminodiacetic acid) / glycine-based synthesis route and achieved massive cost advantages through vertical integration into phosphorus chemistry (phosphoric acid, phosphite feedstocks). Listed on Shanghai Stock Exchange; significant state-linked shareholding. Xinan exports heavily to North America, Latin America, and Europe under third-party and white-label arrangements.