Xinhua
28 May 2025, 12:47 GMT+10
KUNMING, May 28 (Xinhua) -- Yannick Benichou, a French national with a master's degree in nuclear energy from Tsinghua University, never imagined his career would lead him to dealing with insects in southwest China's Yunnan Province.
In 2016, Benichou joined Anning Decco Biotech Co., Ltd., a multinational company with over two decades of involvement in Yunnan's shellac industry. Recognizing the global potential of this niche sector, he has been instrumental in driving the company's international growth.
"Shellac was traditionally used in ancient Chinese medicine. Today, it's used in a wider range of things such as chewing gum, candy coatings, chocolate glazing, fruit preservation, and even in carbonated beverages and baked goods," said Benichou, as he showed shellac samples while confidently speaking in fluent Mandarin.
Shellac is a natural resin secreted by shellac bugs as they feed on host trees. Non-toxic, insulating, moisture-resistant and antifungal, shellac has been used for over 3,000 years. While its early applications were largely medicinal, it now finds broad use across the food, pharmaceutical, chemical and high-end manufacturing industries.
China is the world's third-largest producer of shellac, following India and Thailand. As the main shellac production base in China, Yunnan contributes 95 percent of the country's total output.
In recent years, Yunnan's shellac has gained increasing popularity both at home and abroad.
"Shellac trees are particularly well-suited to Yunnan's mountainous terrain. They are easy to manage, yield quick returns and deliver high economic benefits," said Chen Youqing, a researcher with the Chinese Academy of Forestry, adding that the crop has become an important means for local farmers to boost their incomes.
Benichou said his company chose Yunnan not only for its long history and abundant shellac resources, but also for its strategic location linking South and Southeast Asia.
He added that the province's rapidly improving infrastructure over the past decade -- especially the launch of the China-Laos Railway in 2021 -- has significantly enhanced the region's connectivity with neighboring countries, further strengthening its role in cross-border trade.
Last year, Benichou's company achieved sales revenue of 84.37 million yuan (about 11.75 million U.S. dollars), with an annual output of 800 tonnes of refined shellac. Its products are now exported to the United States, Spain, Italy, Britain, Israel and South Africa.
Meanwhile, the province's total shellac exports under customs supervision surged 44.2 percent year on year in the first quarter this year, reaching 16.87 million yuan. Key export markets included Britain, Spain, Italy and South Africa, according to Kunming Customs.
Looking ahead, Benichou hopes to turn Yunnan's ecological advantages into economic benefits by expanding into global markets and contributing to rural revitalization across the province.
Get a daily dose of Iran Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Iran Herald.
More InformationBEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...
NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...
NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...
WASHINGTON, D.C.: New single-family home sales in the U.S. rose sharply in April to their highest level in over three years as builders...
VEVEY, Switzerland: Nestle is realigning its focus on its core food and beverage operations after expanding into areas like health...
DEARBORN, Michigan: Ford Motor Company has filed a lawsuit against several California lawyers and law firms, accusing them of cheating...
TORONTO, Canada - Tens of thousands of people from across Canada have marched in support of Israel in a massive turnout in Toronto....
GAZA - The home of a doctor working in the emergency room at the Nasser Medical Complex in southern Gaza was struck by Israel Air...
KUNMING, May 28 (Xinhua) -- Yannick Benichou, a French national with a master's degree in nuclear energy from Tsinghua University,...
DOHA, 28th May, 2025 (WAM) -- The State of Qatar is steadily positioning itself as a leading regional hub for the knowledge economy,...
ABU DHABI, 28th May, 2025 (WAM) -- The UAE Alliance for Climate Action (UACA), the country's flagship non-state actor programme led...
ABU DHABI, 28th May, 2025 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations...