Hailir Pesticides and Chemicals Group Co., Ltd. to launch new capacity of 2,000 tonnes Thiamethoxam technical 05-15-2019

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

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