Hunan Haili announced that its controlling subsidiary, Haili Guixi New Material Technology, plans to invest in the construction of a 4,000 tonnes per annum green pesticide formulation smart production facility project, with a total approved investment of 22.7967 million yuan. The project includes a solid formulation production line for co-producing 1,000 tonnes per year of 85% carbaryl wettable powder and 1,000 tonnes per year of 70% thiophanate-methyl wettable powder, as well as a liquid formulation production line with an annual output of 2,000 tonnes of 50% thiophanate-methyl suspension concentrate, with an expected total capacity of 4,000 tonnes per year.
Hunan Haili Chemical Co LtdControlling subsidiary plans to invest 22.8 million yuan in a new smart production facility, expanding capacity.
As the subsidiary undertaking the investment, it will gain new production capacity for green pesticide formulations.