HAILIR will build an annual output of 6,700 tons of insecticide, the original drug production capacity of 2,000 tons of thiamethoxam will be added.

Recently, company’s public information shows that the company will build an annual production of 6,700 tons of insecticide in the existing plant of Lingang Industrial Park, Weifang Binhai Development Zone, Shandong Province (Phase I).

The project has a new production workshop, supporting auxiliary facilities such as raw material storage, circulating pool and tank area, and exhaust gas treatment facilities, power stations, transformer rooms, wastewater treatment stations, hazardous waste storage, accident pools, etc., relying on existing projects. After the project is completed, it will produce 2,000 tons of thiamethoxam, 1,000 tons of clothianidin, 500 tons of pymetrozine and 200 tons of fosthiazate.

Prior to the release of Hailir's performance forecast, it is estimated that the net profit of the in 2018 will increase by 0.85 to 172 million yuan, an increase of 30% to 60% year-on-year; after the deduction, the increase will be 0.81 to 162 million yuan. The performance achieved high growth.