Anhui Jinhe is enjoying high-profit margins for its sweetener and spices production. The company is investing in several new production capacities to strengthen its position as the leading global supplier of acesulfame-K and maltol.
China’s food ingredient and fine chemicals giant Anhui Jinhe has announced recently to establish a circular economy industrial park. The park will be located in the salt chemical industrial zone of Chuzhou City in Anhui Province, the company will invest more than USD340 million in the new business growth opportunity to enhance its position in the Chinese market.
The company is benefiting significantly from the high prices of sweeteners like acesulfame-K, maltol, and sucralose, which are main products and very profitable for Anhui Jinhe. The main competitors for acesulfame-K and maltol in China both are forced to suspend production currently, which enables to keep the prices high and benefits Anhui Jinhe’s business significantly.
Anhui Jinhe Industrial Co., Ltd, based in Chuzhou, the People's Republic of China, is mainly engaged in the research, development, and production of fine and basic chemical products in China. The company's sweetener products include Acesulfame-K, Maltol, Ethyl Maltol, methyl cyclopentenone as well as sucralose.
The basic chemical products mainly include liquid Ammonia, Nitric acid, Sulfuric acid, Formaldehyde, Melamine, Pentaerythritol, Diketene, Neopentyl Glycol, and pharmaceutical intermediates. In the field of fine chemicals, the company is the largest producer of Maltol, Ethyl Maltol and Acesulfame-K worldwide.
The information for this article comes from CCM, China’s leading market intelligence provider for the fields of agriculture, chemicals, and food & feed.
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