Jun. 4, 2020
On 30th May, Jiangsu Huifeng Bio Agriculture announced that it has received a reply, on 29th May, from China’s Yancheng Municipal Government regarding its application for resuming its production.
The government’s reply agrees, in principle, with the application to resume the annual 1,000-ton dithianone technical (Phase 1) and 500-tonbifenox production lines of Huifeng. In addition, the trial run of the company’s annual 5,000-ton bromoxynil octanoate production line will be conducted according to the requirements of relevant authorities after approval.
The total revenue of the mentioned productions to be resumed, in addition to the productions already resumed, accounted for 80.71% of the total revenues of the products manufactured by the mother company in 2017. The company will gradually resume the mentioned production activities according to the market situation.