On 25th December, 2020, the local Government of China Nantong approved several pesticide technical and intermediate projects to be launched by Jiangsu Youjia Plant Protection Co., Ltd., which is a subsidiary of Jiangsu Yangnong Chemical Co., Ltd., and was established in the Coastal Economic Development Zone in Rudong County, Jiangsu Province.
The new projects include annual 7,310-ton pyrethroid, 1,000-ton fluazinam, 6,000-ton mesotrione, 3,000-ton difenoconazole, 2,000-ton propiconazole, 1,000-ton lufenuron, 200-ton icaridin, 500-ton synergist, 4,500-ton supportive intermediates and 46,121 tons of by-product projects.
In May 2019, Sinochem Group signed a strategic cooperation agreement with the Rudong County Government to establish the Sinochem Modern Plant Protection Industrial Park in the Rudong Coastal Economic Development Zone, with a total investment of Yuan10 billion and to be implemented primarily by Youjia Plant Protection Co., Ltd. In the same year, Youjia Plant Protection made an investment of Yuan2.022 billion in the construction of phase one of the Sinochem Modern Plant Protection Industrial Park, covering the annual production of 11,225 tons of pyrethroids (inclusive of intermediates), 50 tons of metoxadiazone, 200 tons of thidiazuron, 2,000 tons of propiconazole, 200 tons of chlorfluazuron, 500 tons of haloxytop-R-mithyl, 1,000 tons of difenoconazole and 21,573 tons of by-products. Phase one was approved by the Nantong Administrative Examination and Approval Bureau on 21st November, 2019, which is now under construction.
In 2020, following its own development plan, Youjia Plant Protection is planning to invest Yuan2.325 billion in the construction of phase two of the Sinochem Modern Plant Protection Industrial Park, including the annual production of 7,310 tons of pyrethroids (3,800 tons of bifenthrin, 3,000 tons of cyhalothrin, 50 tons of acrinathrin, 50 tons of profluthrin, 50 tons of metofluthrin, and 360 tons of d-t-tetramethrin), 1,000 tons of fluazinam, 6,000 tons of mesotrione, 3,000 tons of difenoconazole, 2,000 tons of propiconazole, 1,000 tons of lufenuron, 200 tons of icaridin, 500 tons of synergist, 4,500 tons of supportive intermediates and 51,925 tons of 14 types of by-products.
Phase two of the Sinochem Modern Plant Protection Industrial Park is backed up by the proprietary technology of Jiangsu Yangnong Chemical Co., Ltd. and Jiangsu Youjia Plant Protection Co., Ltd., while the products that will be manufactured are partly existing products of Youjia Plant Protection Co., Ltd., with a capacity increase.
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