Hailir Pesticides and Chemicals Group Co., Ltd.
has recently announced that a new production line
for Thiamethoxam technical will be launched in the near future, and
the new capacity is expected to reach 2000 tonnes annually. According to the
publicity information, the production line will be built in Lingang
Industrial Park in Binhai Development Zone in Weifang City of Shandong
Province, with an expected annual production of 6,700 tonnes of pesticides.
There will be one production department
equipped in this project, along with the raw material warehouse, the circulating
tank, the tank area and so on. However, the waste gas-processing facility, the
power station, the substation room, the waste water processing station, the
hazardous waste storage, and the accident pool will be all supported by the
existing projects.
It is predicted that 2000 tonnes of Thiamethoxam should be achieved
annually after the construction of project. Also, 1000 t/a of clothianidin, 500
t/a of pymetrozine as well as 200 t/a of fosthiazate are expected.
As for the forecast of performance, Hailir expressed previously that a
sharp growth was witnessed. The net profit attributable to equity holders of
the company in 2018 was expected to increase by 85 million to 172 million, with
the growth of 30 percent to 60 percent compared with the same period of last
year. Meanwhile, the net profit after deduction would increase by 81 million to
162 million.
Hailir Pesticides is
ranked among top three in the list of China’s agrochemicals
Hailir Pesticides and Chemicals Group Co., Ltd.,
founded in December, 1999, is a state designated enterprise that is engaged in
studying, developing, producing and selling pesticides. Possessing the biggest
agricultural production base of neonicotinoid in the world, Hailir
is also noted as standing member of China Pesticide Industry Association.
Additionally, the output value and the sales volume of its pesticide products is
ranked as one of the top three in the list of the agricultural chemical
industry in China.
The company has been developing rapidly in all aspects with quite good
reputation in its images and products. Hailir has been continuously awarded as Enterprise
with Credit Level of AAA by Agricultural Bank of China for six years. The next
year the company was awarded as Enterprise with Credit Level of AA by China
Pesticide Association. In 2005 one of its products, Waier Pesticide, was noted
as Famous Brand Product in Shandong Province and as Famous Brand Product in
Qingdao City in 2006. In June, 2006, Hailir was rated as Enterprise with
National Standard of AA. And in November it was identified as Technology Center
of Municipal Enterprise by the city authorities in Qingdao. In the same year
the trademark Waier won the Famous Trademark in Qingdao City and the Famous
Trademark in Shandong Province. In 2007, the company was voted as Enterprise
with First Class Credit Level and also identified as High and New Tech
Enterprise in Qingdao. In the meanwhile, the imidacloprid technical material of
the company was confirmed as New and High-tech Product in Qingdao. In 2008 the trademark Waier was
confirmed as China Famous Trade Mark by the administration of justice in China.
For more
information about China’s chemicals market, please have a look at our Herbicides China News