Anning Dyke Fine Chemical Co.

What Anning Dyke Fine Chemical Co. does

Anning Dyke Fine Chemical Co. (trading as Anning Decco Biotech Co., Ltd.) is a Kunming, Yunnan-headquartered manufacturer and global exporter of refined natural shellac products, established in 1998 as a joint venture between Decco (US-originated post-harvest solutions company linked to UPL) and Anhua (Chinese state-owned civilian explosives leader). The company positions itself as Asia's largest producer of bleached shellac and the second largest globally, with a stable workforce that has grown with the business for over 25 years. It sources raw seedlac from Yunnan, Thailand and India and operates from a facility in Taiping 2.5 Innovation Park.

The company's core technical capability is shellac processing: seedlac is dissolved in aqueous alkaline solution, filtered to remove impurities, dewaxed, bleached with sodium hypochlorite, and precipitated/spray-dried to yield refined shellac powder. Its product portfolio spans the full processing chain — flagship Dewaxed Bleached Shellac (food-grade, E904-grade), Waxy Bleached Shellac (1.5–5.5% wax retention), Dewaxed Decolorized Shellac Flakes (ethanol/activated carbon process, color grades AD01–AD06), plus byproduct streams including Aleuritic Acid (fragrance industry musk precursor), Lac Dye (natural red colorant) and Shellac Wax (cosmetics-grade). Downstream applications cover food and confectionery glazing, pharmaceutical tablet and enteric coatings, cosmetics, wood finishes, and electrical insulation. Certifications include Quality Management System Certification, OU Kosher, Chinese Food Production License, Business License and a Supervision and Audit Certificate of Conformity.

The business model is straightforward B2B sales of refined shellac ingredients and byproducts to manufacturers across five end verticals, with quote-based pricing (no public price list). Distribution is direct to industrial buyers, supplemented by export through Kunming Customs to destinations including the UK, Spain, Italy, South Africa and at least four additional countries/regions (7+ markets total). Domestic Chinese and other regional channels supplement the explicitly customs-tracked exports. Reported Kunming Customs export value reached RMB 20.082m (+23.3% YoY) in Jan-Apr 2024 and RMB 16.868m in Q1 2025; the company has no public listing, no disclosed funding rounds, no acquisitions on record, and operates with a headcount of 11–50 employees.

Name

Anning Dyke Fine Chemical Co.

Legal name

安宁戴科生物科技有限公司

Website

https://anningdecco.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Anning Dyke Fine Chemical Co. (Anning Decco Biotech) is a Kunming, China-based joint venture manufacturing refined shellac ingredients and byproducts, supplying food, pharmaceutical, cosmetics, wood finishing and electronics manufacturers globally as Asia's largest and world's second-largest producer of bleached shellac.

Ownership category

akta.pro rank

Headquarters

HQ city

Changpo

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Shellac Product Sales: Manufacturing and global sale of refined shellac products including dewaxed bleached shellac, waxy bleached shellac, shellac flakes, seedlac, aleuritic acid, shellac wax, and lac dye. The company serves diverse industries including food, pharmaceuticals, cosmetics, wood finishes, and electronics.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Anning Dyke Fine Chemical Co. (Anning Decco Biotech Co., Ltd.) manufactures and globally exports refined shellac products derived from natural lac bug secretion. The company processes seedlac into dewaxed bleached shellac, waxy bleached shellac, dewaxed decolorized shellac flakes, and produces by-products including aleuritic acid, lac dye, and shellac wax. These products serve food, pharmaceutical, cosmetic, wood finishing, and electronics manufacturers worldwide.

Product overview

Anning Decco Biotech Co., Ltd. is a manufacturer and supplier of shellac (紫胶) and related natural resin products. The product portfolio is organized as a processing chain: the company sources seedlac (颗粒胶) — raw material from India, Thailand, and Yunnan, China — and refines it through dewaxing, bleaching, and decolorization into Dewaxed Bleached Shellac and Waxy Bleached Shellac (both flagship products), and Dewaxed Decolorized Shellac Flakes. The manufacturing process yields co-products including Aleuritic Acid (紫胶桐酸, a fragrance industry precursor), Lac Dye (紫胶红色素, a natural colorant), and Shellac Wax (紫胶蜡, for cosmetics). The company is positioned as the largest producer of bleached shellac in Asia and the second largest globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Dewaxed Bleached Shellac (脱蜡漂白紫胶) Refined natural cream-colored powder derived from seedlac, processed through dewaxing and bleaching using sodium hypochlorite. Used as a recognized food additive (E904 glazing agent in the EU) for fruit coatings, confectionery glazes, pharmaceutical coatings, wood finishes, and cosmetics.
• Waxy Bleached Shellac (含蜡漂白紫胶) Bleached shellac product retaining natural wax content (1.5–5.5%), used in applications where wax inclusion is acceptable such as certain coatings and industrial formulations.
• Dewaxed Decolorized Shellac Flakes (脱蜡脱色虫胶片) High-quality shellac flakes obtained by dissolving seedlac in ethanol and processing through physical decolorization using activated charcoal. Available in color grades AD01 (lightest) to AD06 (darkest).
• Aleuritic Acid (紫胶桐酸) White powder (9,10,16-hexadecanoic acid) obtained by saponification of seedlac; primarily used as a precursor of ambrettolide (artificial musk) in the fragrance industry, with applications in pharmaceuticals, plastics, and wood treatment.
• Lac Dye (紫胶红色素) Natural red colorant extracted from sticklac during seedlac manufacturing; a mixture of laccaic acid components; used in food, pharmaceuticals, textiles, cosmetics, and paintings.
• Shellac Wax (紫胶蜡) Natural wax extracted from seedlac during dewaxed shellac production; typically 4–7% of raw shellac; used in cosmetics (eye-liners, mascaras, nail polishes) and industrial applications; available as crude and light grades.
• Seedlac (颗粒胶) Primary raw material for shellac production, obtained by crushing, washing, and sorting sticklac harvested from lac bugs; sourced from India, Thailand, and China (Yunnan); Anning Decco is the second largest buyer of seedlac globally.
• Dewaxed Bleached Shellac – Specifications Grade (脱蜡漂白胶) Specific grade of dewaxed bleached shellac with defined technical specifications including acid value (max 90 mgKOH/g), moisture (max 5%), hot alcohol insoluble (max 0.2%), wax content (max 0.2%), Gardner color index (9–12), and heavy metal limits.

Quantifiable outcome

• Shelf life extension for fruits: apples 90 days, pears 80 days, citrus 50 days, melons 25 days under ambient temperature
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Decco (US-originated)coreStrategic or Co-development PartnerDecco is a US-originated global leader in post-harvest solutions. The joint venture combines Decco's international expertise and strong backing with local insights and flexibility, ensuring unparalleled service and product quality. Decco brings global best practices in quality control, sustainability, and market reach to the partnership.
• Anhua (Chinese State-owned)coreStrategic or Co-development PartnerAnhua is a Chinese state-owned leader in civilian explosives. The joint venture combines Anhua's local market knowledge, government relationships, and operational flexibility with Decco's global expertise to create a leading shellac production enterprise.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Symrise AG: Global flavors and fragrances major that is a major buyer of aleuritic acid (Anning Decco's key co-product) as a precursor for ambrettolide/artificial musk. Tangentially comparable as a downstream consumer of the company's by-product stream.
• International Flavors & Fragrances (IFF): Global ingredients major serving food, beverage, and personal care; a major consumer of natural aroma precursors including aleuritic acid. Indirectly comparable as a downstream user of shellac derivatives in fragrance and flavor formulations.
• Decco (Post-Harvest Solutions): US-originated post-harvest coatings specialist (now part of UPL) and joint-venture partner of Anning Decco. Overlaps with shellac-based fruit coatings globally but serves a broader post-harvest customer base across multiple coating chemistries.
• UPL Limited: Global agro-solutions major and parent/affiliate of Decco, which is Anning Decco's JV partner. Operates a far broader crop protection and post-harvest platform, with shellac touching only a small slice of its portfolio, but provides the international distribution backbone that Anning Decco leverages.

Emerging players

• AVT Natural Products: Indian manufacturer of natural extracts and ingredients for food, beverage, and personal care. Comparable as a regional natural-ingredients producer with selective product overlap in natural colorants and plant-derived functional ingredients.

Regional players

• Kancor Ingredients (Olam Food Ingredients): India-based natural ingredient supplier (now part of Olam Food Ingredients) producing oleoresins, colors, and specialty extracts for food and fragrance. Comparable as a regional player in natural functional ingredients serving overlapping B2B customers.

Direct peers

• Aadhya Shellac Industries: Indian shellac producer and exporter with similar product range including dewaxed bleached shellac, seedlac, and aleuritic acid. Geographically positioned in India, another key seedlac source, creating direct supply-chain parity with Anning Decco.
• Stroever GmbH & Co. KG: One of the world's largest shellac producers based in Germany, with a similar product portfolio covering bleached shellac, dewaxed shellac, and aleuritic acid for pharmaceutical, food, and industrial applications—directly comparable to Anning Decco as a global #1/#2 competitor in refined shellac.
• Gifu Shellac Mfg. Co., Ltd. Japan's leading shellac manufacturer producing dewaxed bleached shellac, aleuritic acid, and shellac wax. A direct competitor in Asia with overlapping customer base in food, cosmetics, and industrial coatings.
• Vishnu Shellac & Chemicals: Indian manufacturer of shellac products including bleached and dewaxed shellac, aleuritic acid, and lac dye. Direct competitor in the global shellac trade serving the same food, pharma, and cosmetics end markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/anning-decco-fine-chemical-co.-ltd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anning Dyke Fine Chemical Co.