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Jiangsu Youjia Crop Protection to invest in bifenthrin, pyrethroid, icaridin and fluazinam projectsqrcode

Oct. 23, 2018

Favorites Print Oct. 23, 2018
Recently, Chinese agrochemical company Jiangsu Yangnong’s subsidiary, Jiangsu Youjia Crop protection, planned an investment program to launch production of a number of major products, including the annual 3,800-ton bifenthrin, 1,000-ton fluazinam, 120-ton pyrethroid and 200-ton icaridin pesticide projects. The investment is valued at Yuan430.27 million, to be constructed within a period of 2 years.
 
Upon completion of these projects, the company is expected to achieve an average annual business income of Yuan1.023 billion, with a  return on investment of 29.75% and internal rate of return (after income tax) of 21.63%.
 
Among the investment projects, the bifenthrin, pyrethroid and icaridin projects are insecticides, while fluazinam is a fungicide. According to the company, the investments aim for  an accelerated implementation of the company's coastal development strategy , which would enable  an adjustment to the production deployment, while promoting transformations and upgrades of the company to establish new product series and to ensure  gradual high-end product development. The investments will be of help to cultivation of new sources of growth, in a bid to continually enhance the overall competitiveness of the company. 
 

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