Hunan Haili Subsidiary Plans to Invest New Projects

Hunan Haili Subsidiary plans to invest RMB1.2 billion(USD146 million) to build a series of products with an annual production capacity of 5 thousand tons of thiophanate-methyl and 4 thousand tons of carbaryl.

On June 19, 2020, Ningxia Zhongwei Bureau of Ecology and Environment made a reply to the Environmental Impact Report on the Construction Project of Series Products with Annual Output of 4,000 t/a of carbaryl and 5,000 t/a of thiophanate-methyl (hereinafter referred to as the Report) declared by Ningxia Haili Science and Technology Co., LTD. Ningxia Haili Science and Technology Co., LTD. is a wholly-owned subsidiary of Hunan Haili Chemical Co., Ltd. established in 2019.

The products of this project mainly are 5,000 t/a of thiophanate-methyl, 4,000 t/a of carbaryl, 1000t/a isoprocarb, 1000t/a fenobucarb, 4000t/a thiodicarb, 500t/a Dimethylaminobenzoylchloride and 19825 t/a hydrochloric acid(30%). In the industrial chain of this project, methomyl production device should be built, but methomyl cannot be sold out as a product. The total investment of the project is RMB1219.88 million(USD178 million), of which RMB197.24 million(USD28 million) is invested in environmental protection, accounting for 16.17% of the total investment.

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