03/06/2016
Guang’an Lier Chemical breaking ground 10,000-ton glufosinate and 26,000-ton fine chemicals
The 10,000-ton glufosinate project of Guang’an Lier Chemical Ltd with a total investment of Yuan 980 million began construction this March. In consideration of the market trend and good investment climate of Guang’an, Lier Chemical decided to make an additional investment of Yuan 200 million on a 26,000-ton pesticide and fine chemicals production facility in Guang’an.
After the readjustment of investments and subject to EIA proceeding, construction work is schedule to start by the end of the year. The project is divided into 3 phases, upon completion the project will bring about Yuan 3 - 4 billion annual production value.
Luo Rongzhen, the assistant to general manager of Lier Chemical Ltd said that “paraquat AS is banned as of 1st July this year, which leaves great market space for herbicide . Glufosinate is going to be a best substitute due to its high efficiency, low toxicity and low residues. Our company started development of glufosinate since 2008, we have become the 2nd largest glufosinate vendor in the world.”
Luo Rongzhen explained that China’s glufosinate market demand is around 20,000 tons. The company’s Mianyang Manufacture Base produced only 3,600 tons last year. “To commission the Guang’an glufosinate production line soonest will enable us to capture more market share”, said Luo Rongzhen.
Lier Chemical Ltd is a high-tech enterprise engaged in research, production and marketing of high-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 chloropyridine intermediates in Guang’an. “At present time, the project EIA is under the way. The construction of the production line is expected to begin by the end of the year, to be brought on stream next year”, said Luo Rongzhen.