In Oct. 2019, Lanzhou Xinlongtai Biotechnology Co., Ltd. 兰州鑫隆泰生物科技有限公司(Lanzhou Xinlongtai) said the company launched its project for pymetrozine and its byproducts (annual output: 2,000 t/a).
It is reported that situated in Lanzhou New District Chemical Industry Park, the project covers an area of 674 thousand m2 with a total investment of USD14.2 million, and it will be divided into two phases, and is expected to be completed in April 2020. After phase one construction is finished, it will achieve an annual sales income of about USD28.4 million with annual profit tax of USD2.8~3.1 million; after the second phase construction is put into operation, it will achieve an annual sales income of USD227.3 million.
Lanzhou Xinlongtai believes that as a brand-new non-lethal insecticide, pymetrozine shows effective prevention on sucking pests on multiple crops, and can be applied to vegetable, wheat, rice, cotton, and fruit tree.
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