Yifan Biotechnology Group Enters First Phase of Production for Ningxia Project
Yifan Biotechnology Group’s Ningxia project phase I put into production, which will include annual capacity 3,000 tons clethodim and 500 tons bromacil, the company announced.
On October 30, 2020, the phase I of the agrochemical and intermediate project of Ningxia Yifan Biotechnology Co., Ltd. (subsidiary of Yifan Biotechnology Group Co., LTD.) was officially put into production and a ceremony was held in the Ningxia Ningdong Energy and Chemical Industry Base located in west China. More than 150 guests attended the ceremony.
Yifan Biotechnology group was launched in Wenzhou City, Zhejiang Province, in 1992. Jiangsu Yunfan was then founded in Qidong, Jiangsu Province. After 26 years experience in the industry, Ningxia Yifan agrochemical and intermediate project was landed in the Ningdong Base in March 2018, covering a land area of 36 hectares. The project is being implemented over three phases, with a total investment of Yuan 1.86 billion and is scheduled for full-scale operation in 2022. So far, phase I of the project has been completed and began operation, ensuring the production of 3,000 tons of clethodim and 500 tons of bromacil, with the presence of waste treatment facilities, storage tanks, warehouses, and a technical building.
After the completion of all three phases, production facilities for 48 agrochemicals and intermediates will be established, with an estimated annual production value of Yuan 3 billion and annual tax contribution of Yuan 150 million while creating 1,000 jobs. The implementation of the project will promote the synchronous development of upstream and downstream industries, achieving both economic and social benefits.
“The project broke ground in April 2019, and the first workshop was completed in July 2019, and the first waste treatment facility was delivered to site in November 2019. The civil works of phase I was completed in August 2020, and its first production line and trial operation began in October 2020. Today, phase I of the project is officially in operation. To this end, the Yifan Biotechnology Group now has a production capacity of 6,000 tons of clethodim,” said Wu Kechong (Board Chairman of Ningxia Yifan).
Ningxia Yifan Project is an important strategic deployment of Yifan Biotechnology Group and its operation means great to the group. As the first large-scale agrochemical manufacturer settled in the western China, Yifan Biotechnology Group also led a new way for the development of the industry.
“Under such stringent environmental requirements, the approval of new projects in eastern China has been delayed, and companies have been forced to transfer production capacity. In addition, the trade war between China and the United States starting in 2019 and the COVID-19 pandemic have caused problems in the global supply chain. The central government has proposed a development pattern of mutual promotion between domestic and international double cycles. Therefore, pesticide, as an…