On the evening of June 18, Lier Chemical Co., Ltd. issued an announcement that according to the regulations of the governments of Jiangsu Province, Nantong City, and Rudong County, all chemical companies that engage in dangerous chemicals and decentralized chemical companies must be concentrated in chemical concentration areas. Lier Chemical Co., Ltd. controlling subsidiary company Jiangsu Kuaida Agrochemicals Co., Ltd. Matang plant's existing device production capacity has been unable to meet the needs of domestic and foreign markets, seriously restricting the development of enterprises, in order to achieve sustainable and rapid development of enterprises, integrated enterprises Production status and long-term development plan, Jiangsu Qida plans to relocate phosgene and phosgenation products to Rudong coastal economic development zone, and carry out technological transformation to expand production scale, and form 20,000 tons of phosgene and phosgenation in advance The production capacity of the product will eventually form an annual production capacity of 50,000 tons of phosgene and phosgenated products.
The project is expected to increase the fixed investment assets of 417.12 million yuan; after the project is completed and put into production, it is expected to generate an annual sales income of about 520 million yuan and an annual net profit of about 24 million yuan. The construction period of the entire project is approximately two years and it is expected to be put into production in the first half of 2014.
Lier Chemical stated that this relocation technology reform project is in line with the development strategy of the company and Jiangsu Express, and in the long run, it will help Jiangsu Express to optimize its main business, expand its production scale, improve its product mix, and increase its overall competitiveness.
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