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

Yangnong Chemical's wholly-owned subsidiary to launch several major projects covering 8,510-ton insecticide, 6,000-ton herbicide production facilitiesqrcode

Apr. 30, 2020

Favorites Print
Forward
Apr. 30, 2020
On 28th April, Jiangsu Yangnong Chemical announced that its wholly-owned subsidiary, Jiangsu Youjia Crop Protection, is planning to invest in several major projects covering the annual 8,510-ton pesticide, 6,000-ton herbicide, 6,000-ton fungicide and 500-ton synergist production facilities.
 
The project’s main products include pyrethroids, bifenthrin, lambda-cyhalothrin, fluazinam, difenoconazole and propiconazole. The company will invest a total of Yuan2.33 billion in the project, which will be implemented over a period of two years. 
 
Upon completion and operation, total annual revenue is estimated to be Yuan3.045 billion, with the return on investment being 23.8% and the financial internal rate of return (after income tax) being 19.0%. 
 
Yangnong Chemical said that it invested in the projects to speed up the implementation of the company's coastal development strategy, advance its production deployment, and promote transformation and upgrading, to establish a product series under a high-end product portfolio, which will help create a new source of growth, enable the company to grow larger and stronger, and enhance its overall competitiveness.
 
Source: AgroNews

Picture 0/1200

More from AgroNews

Magazine

2020 Latin America Focus 2020 Biologicals Special
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.