May. 30, 2016
The 10,000-ton glufosinate project of Guang’an Lier Chemical Ltd, with a total investment of 980 million yuan, began construction in March. Taking into consideration the market trend and the good investment climate of Guang’an, Lier Chemical decided to make an additional investment of 200 million yuan on a 26,000-ton pesticide and fine chemicals production facility in Guang’an.
After the readjustment of investments, and subject to EIA proceedings, construction is scheduled to begin by the end of the year. The project has been divided into three phases. On completion, the project will earn some 3--4 billion yuan in annual production value.
Luo Rongzhen, the assistant to the general manager of Lier Chemical Ltd, said, “Paraquat AS has been banned as of July 1 this year, which leaves a large market space for herbicides. Glufosinate is the best substitute due to its high efficiency, low toxicity, and low residue. Our company started the development of glufosinate in 2008, and we have become the second-largest glufosinate vendor in the world.”
Rongzhen explained that China’s glufosinate market demand was some 20,000 tons. The company’s Mianyang Manufacture Base produced only 3,600 tons last year. “To commission the Guang’an glufosinate production line at the earliest will enable us to capture a greater market share,” stated Rongzhen.
Lier Chemical Ltd is a high-tech enterprise engaged in the research, production, and marketing of highly efficient, safe, and residue-free chloropyridine pesticide technical and formulations. Lier Chemical is launching a 26,000-ton pesticide and other fine chemicals production facility, including production of chloropyridine intermediates, in Guang’an. “The EIA project is currently underway. The construction of the production line is expected to begin by the end of the year, to be brought on-stream next year,” added Rongzhen.
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