CYNDA: Project with annual output of 1,500 tons of technical and 3,500 tons of pesticide intermediates entered trial production

On Dec 30, 2022, CYNDA announced that Liaoning CYNDA, a wholly-owned subsidiary of the company, has completed the main construction, equipment installation and commissioning of the project with an annual output of 1,500 tons of technicals and 3,500 tons of pesticide intermediates. After passing the expert review and acceptance by the relevant competent authorities and meeting the conditions of trial production, the pilot production stage is officially entered.

The design capacity of the project is "annual output of 200 tons of Imazameth, 1,200 tons of Imazethapyr, 100 tons of imazaquin pesticide, 2,000 tons of Butyronitrile, 1,500 tons of n-Butyramide, 4,812 tons of Ammonium sulfate, 2,846 tons of Sodium chloride, 2,500 tons of Methanol, 600 tons of Ethanol.

The operation of the project will expand the production scale of the company's main products, help optimize the company's product structure, further improve the company's profitability and overall competitiveness, and will have a positive impact on the company's future business performance.

At present, the project has only entered the trial production stage, and it may take some time to reach full production and generate economic benefits from the trial production stage. At the same time, it may also face the influence of market demand environment changes, competition intensification and other factors.