Hebei Lansheng Biotech Co., Ltd.
Beijing Multigrass Formulation Co., Ltd.

Jiangsu Yangnong: subsidiary start a new project with 15,475 t/a pesticideqrcode

Jun. 7, 2017

Favorites Print
Forward
Jun. 7, 2017
By Think Real - On 14 April, 2017, Jiangsu Yangnong Chemical Co., Ltd. (Jiangsu Yangnong) issued a notice that its holding subsidiary-Jiangsu Youjia Plant Protection Co., Ltd. (Jiangsu Youjia) would plan to invest in a number of major projects, including 11,475 t/a of pesticides, 1,000 t/a of herbicide, 3,000 t/a of fungicide, 2,500 tons / year of chloroacetophenone and 37,384 t/a of related by-products.
 
The total investment valuation of the project approval is USD293.9 million. Jiangsu Youjia will use loan, self-financing and other means to raise the funds. The project construction period is tentatively scheduled for 3 years. After the completion of the project, the estimated annual operating income is USD224 million, the total investment rate of return is 18.4% and the project investment in financial internal rate of return (income tax) is 18.1%.
 
Table 2: the major projects that Jiangsu Youjia plans to invest in April 14, 2017
Classification
Product
Design capacity, t/a
Insecticides
Pyrethroid pesticides,
metoxadiazone, chlorfluazuron
11,475
Herbicide
Tribenuron - methyl,
thiophanate, haloxyfop-R-methyl
1,000
Fungicide
Propiconazol, difenoconazole
3,000
Chloroacetophenone
2,500
Related by-products
37,384
Source: Jiangsu Yangnong
 
The notice said that the investment project was set up to speed up the implementation of the company's coastal development strategy, adjust the production layout, promote transformation and upgrading, achieve product serialization and high-end oriented development gradually, cultivate new benefits growth point, help the company become stronger and constantly enhance the company's overall competitiveness.
 
Table 3: Jiangsu Youjia’s pesticide production projects in the first phase and the second phase
Item
Product
Capacity, t/a
The first phase
(put into production)
Dicamba
5,000
Ben Ting acid methyl ester
1,500
Bifenthrin
800
Fluazinam
600
By - product
28,492
The second phase
(under construction)
Dicamba
20,000
Pyrethroid pesticides
2,600
Pyraclostrobin
1,000
Trinexapac-ethyl
300
Diethyltoluamide
50
By - product
99,600
Source: Jiangsu Yangnong
 
It is reported that Jiangsu Youjia will divided the projects into three phases of construction. The main products of phase I project are insecticides bifenthrin, herbicide dicamba, fungicide fluoride and an intermediate intermediates Ben Ting. The phase project I was put into operation in Dec., 2014. The annual sales income of 2015 was USD104.7 million and USD106.3 million in 2016. At present, Youjia company is to promote the second phase of the project.
 
Source: Think Real

Picture 0/1200

More from AgroNews

Magazine

2020 Biologicals Special 2020 Latin America Focus
2020 Formulation & Adjuvant Technology Annual Review 2019
Chinese issue of Annual Review 2019 2019 CRO & CRAO Manual
I wanna post a press Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.