This will make it the No 1 MSM supplier. GWI, a leading US ingredient distributor, will be its main distributor in the US.
Through this expansion, Xingfa plans to establish its market position with one decisive competitive advantage: vertical integration, controlling the supply of the MSM raw material.
According to current market information, most MSM manufacturers receive their raw materials from Xingfa.
“We have great expectations with this expansion,” said Tom Zhao, president of Xingfa US. “The global demand of MSM is growing significantly, especially in the US. The current supply is not consistent, which we are going to change with this strategic move. Continuous supply will be guaranteed through our direct access to the raw material.”
“We are excited to witness Xingfa expanding their MSM production,” said Jim Schultz, CEO and founder of GWI. “I have personally known Hubei Xingfa for over a decade and highly value the strategic partnership with them. We have over 700 MSM customers nationwide and we want to guarantee the consistent supply in terms of quality, quantity, and pricing.”
Methylsulfonylmethane (MSM) is an organosulfur compound.
Source: GWI
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