Sichuan Hebang Biotechnology

What Sichuan Hebang Biotechnology does

Sichuan Hebang Biotechnology Co., Ltd. (四川和邦生物科技股份有限公司, ticker 603077.SH) is a publicly listed Chinese diversified chemicals and mining company headquartered in Leshan, Sichuan Province, and controlled by Hebang Group. The company operates an integrated industrial platform combining salt, phosphorus, and natural gas resources to manufacture seven core product lines: liquid methionine (HB88 brand), PMIDA (glyphosate intermediate, known in Chinese as 双甘膦), glyphosate, soda ash (sodium carbonate), ammonium chloride, phosphate rock, and photovoltaic glass.

The company's competitive position rests on proprietary production technology — specifically the IDA (iminodiacetic acid) preparation method for PMIDA, in which Hebang is the world's only producer achieving full-process integrated, large-scale output — combined with vertical integration from upstream mining through downstream chemicals. The company holds 51 mineral development rights across China, Australia, and Africa, covering 11 strategic resource types, and operates production capacity including 200,000 tons/year PMIDA, 50,000-60,000 tons/year glyphosate, 70,000 tons/year liquid methionine, and 1.1 million tons/year each of soda ash and ammonium chloride.

Hebang generates revenue through direct enterprise sales to global B2B customers across four primary segments: feed industry / animal nutrition (serving customers like Charoen Pokphand Indonesia and major Argentine feed producers), agricultural chemicals (glyphosate and PMIDA sold to global agrochemical distributors), photovoltaic glass (8GW capacity from Chongqing Jiangjin serving solar manufacturers), and chemical processing (soda ash and ammonium chloride sold to industrial buyers). Distribution occurs through dedicated sales teams in China, Australia, and Southeast Asia, complemented by participation in major international exhibitions (CAC, ILDEX, AVICOLA). Pricing is negotiated per-transaction for bulk chemicals with no public pricing disclosure, and the company is currently executing a major capacity expansion program — including a 600,000-ton/year methionine project, 500,000-ton/year PMIDA facility at Guang'an, and 350,000-ton/year Indonesia glyphosate plant — alongside strategic mineral acquisitions in Australia (Avenira Limited's Wonarah phosphate mine) and Africa (Africorph Holdings lithium/tin portfolio).

Name

Sichuan Hebang Biotechnology

Legal name

四川和邦生物科技股份有限公司 (Sichuan Hebang Biotechnology Co., Ltd.)

Website

https://hebang.cn

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

Sichuan Hebang Biotechnology (603077.SH) is a Chinese listed chemicals and mining company that uses an integrated salt-phosphorus-natural gas platform to produce liquid methionine, glyphosate, PMIDA, soda ash, ammonium chloride, phosphate rock, and photovoltaic glass for global feed, agrochemical, and industrial customers.

Ownership category

akta.pro rank

Product category

Specialty Chemicals Manufacturing

NAICS

Chemical Manufacturing (325), Other Basic Inorganic Chemical Manufacturing (325180), Basic Chemical Manufacturing (3251), All Other Basic Organic Chemical Manufacturing (325199)

SIC

Chemicals & Allied Products (2800), Industrial Inorganic Chemicals (2810), Industrial Organic Chemicals (2860)

akta.pro primary industry

Soda Ash & Industrial Carbonates (IMAEAAAH)

akta.pro secondary industries

Inorganic Commodity Chemicals (Acids, Alkalis, Salts) (IMAEAAAA), Chlor-Alkali & Derivatives (IMAEAAAC)

Keywords

• Glyphosate herbicide manufacturing
• Animal feed methionine
• Phosphate mining
• Industrial alkali chemicals
• Photovoltaic glass production

Headquarters

HQ city

Chengdu

HQ country

China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Chemical Products Manufacturing and Sales: Hebang generates primary revenue from manufacturing and selling chemical products including PMPA (glyphosate intermediate), glyphosate, liquid methionine, soda ash (sodium carbonate), ammonium chloride, and photovoltaic glass. Products are sold through direct sales teams and distributor networks globally.
2. Mining Products: Hebang derives growing revenue from mining operations, with phosphorus ore and salt ore being extracted and sold. The mining sector contributed over 189 million RMB in profit in 2024, establishing itself as a significant profit growth driver.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Sichuan Hebang Biotechnology manufactures and sells chemical products including glyphosate, PMIDA (diuron/N-phosphonomethyl iminodiacetic acid), HB88 liquid methionine, soda ash (sodium carbonate), and ammonium chloride, alongside phosphate rock mining and photovoltaic glass production. The company operates an integrated salt, phosphorus, and natural gas industrial platform using the proprietary IDA (iminodiacetic acid) preparation method, and is the world's only enterprise achieving full-process integrated, large-scale PMPA production.

Product overview

Sichuan Hebang Biotechnology is a diversified platform company spanning three core sectors: mining, chemicals, and photovoltaic glass. The company operates through integrated resource advantages (phosphate mines, salt mines, natural gas) combined with chemical manufacturing capabilities, producing seven main product lines: liquid methionine (HB88 brand), diuron, glyphosate, soda ash, ammonium chloride, phosphate rock, and photovoltaic glass. The business model combines upstream mining resources with downstream chemical processing, serving global agricultural (herbicides, feed additives), industrial chemical (alkali products), and renewable energy (solar glass) markets.

Differentiator

Problem solved

Functional benefit

Brands

• HB88液体蛋氨酸: Liquid methionine product with high absorption rate and low dosage; designed to improve feed conversion rate and reduce breeding costs.

Quantifiable outcome

• 90.91 million tons phosphorus ore reserves + 98 million tons salt ore reserves
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Africorph Holdings LimitedminorStrategic or Co-development Partner · 1 January 2025Hebang signed a cooperation agreement with Africorph Holdings Limited to jointly develop mining assets in Africa. The partnership covers 22 lithium exploration rights and 6 tin (with rare earth by-products) exploration rights — a total of 28 mineral assets. Detailed survey work (详勘) commenced in May 2025. This partnership enables Hebang's entry into African lithium and tin markets as part of its global resource diversification strategy.
• Avenira Limited (AEV)coreStrategic or Co-development Partner · 4 December 2023Hebang's Hong Kong subsidiary Hebang Xianggang acquired a 10.47% equity stake in ASX-listed Avenira Limited (AEV) for AUD 2 million, increasing total holding to 12.04% upon completion. AEV owns the Wonarah phosphorus mine in Australia's Northern Territory — a high-grade open-cut phosphorus deposit with over 500 million tons of reserves and 32% average grade. Hebang invests in AEV to secure high-quality yellow phosphorus supply for its PMPA production, pursuing vertical integration of the phosphorus resource chain. Hebang also holds AEV exploration rights for over 1,232 sq km of gold exploration area.

Scale indicators24 records

Recent moves14 records

Expansion highlights5 records

Broad incumbents

• Nutrien Ltd. World's largest crop inputs producer (potash, nitrogen, phosphate) with global retail network. Comparable as a major international incumbent in crop nutrients and crop protection with phosphate mining exposure similar to Hebang's vertical integration thesis.
• Sinochem Holdings: China's largest state-owned chemical conglomerate with crop protection, fertilizer, and petrochemical operations. Comparable as a much larger incumbent with overlapping agrochemical exposure and Chinese government backing.
• Zijin Mining Group Co., Ltd. China's largest gold and copper miner (601899.SH) with significant international operations. Comparable as a large Chinese diversified mining incumbent with overseas exposure, providing a benchmark for Hebang's mining diversification strategy.

Direct peers

• Meihua Biological Technology Co., Ltd. Chinese amino acid and MSG producer (600873.SH) with lysine, threonine, and feed additive operations. Closely comparable to Hebang's animal nutrition/feed additive business model and Chinese large-cap amino acid peer.
• Jiangsu Yangnong Chemical Co., Ltd. Chinese crop protection chemical producer (600486.SH) with significant glyphosate and pyrethroid capacity. Comparable to Hebang in agrochemical manufacturing scale and Chinese-listed agrochemical peer set.
• Tangshan Sanyou Chemical Industries Co., Ltd. Major Chinese soda ash and PVC producer (600409.SH) operating combined alkali process. The closest head-to-head peer for Hebang's 1.1M ton/year soda ash/ammonium chloride combined alkali business in China.
• Flat Glass Group Co., Ltd. China's leading photovoltaic glass manufacturer (601865.SH). Directly comparable to Hebang's 8GW Chongqing photovoltaic encapsulation glass project; leading indicator for PV glass pricing pressure on Hebang's segment.
• Yunnan Yuntianhua Co., Ltd. China's largest phosphate chemicals producer (600096.SH) with integrated phosphate mining and fertilizer operations. Comparable to Hebang on the phosphate-to-chemicals vertical integration thesis and Chinese agrochemical/fertilizer peer set.
• Bluestar Adisseo Co. (Adisseo): Chinese-listed global methionine leader (600299.SH), subsidiary of ChemChina/Sinochem. The most direct global methionine competitor to Hebang's liquid methionine franchise and expansion project.
• Zhejiang Wynca Chemical Industry Co., Ltd. Major Chinese glyphosate and organosilicon producer (600596.SH). Direct competitor in PMIDA/glyphosate markets and a fellow Chinese agrochemical exporter, making it the closest head-to-head comparison for Hebang's IDA-route glyphosate business.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sichuan-hebang-corparation-limited

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

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 Sichuan Hebang Biotechnology