RedSun: Chlorantraniliprole project has the advantage of 2,3-Dichloropyridineas raw material, and has obtained the domestic certificates

 On March 14, Nanjing RedSun released the latest investor relations activity record, and just replied to the production and marketing situation of products, product advantages, project progress, new product development and production plan, etc. The main questions and replies are as follows:

Q: How is the production and sales of the company's main products this year

A: At the beginning of this year, although the operating rate of the company's production base was affected by the epidemic, with the overall relief of the epidemic prevention and control situation, the operating rate has returned to the normal level, and the daily production of all subsidiaries is normal and orderly.

In terms of sales, since the beginning of this year, the market demand and price of some products have fallen from the high level of last year due to the abnormal climate in major markets and the pressure on channel inventory caused by the price rise of pesticide products last year. However, relying on the development advantages of the three green pesticide industrial chain formed by the company's innovation and development in 34 years, the main products have the right of market discourse and high market share. Marketing is relatively stable.

Q: How is the company's product competitiveness and construction progress of Chlorantraniliprole?

A: Chlorobenzamide is a biamide insecticide, which is also the fifth generation of new insecticides with super high efficiency, broad spectrum, low toxicity, low pollution and environmental friendliness, and is one of the five green pesticides focused by the Food and Agriculture Organization of the United Nations. It is also the first insecticide product in the world by sales volume.

At present, the company's annual output of 2,000 tons of Chlorobenzamide project is under active construction in Wanzhou production base, Chongqing, and is being orderly promoted according to the project construction plan. It is expected to be completed and put into operation in the first half of this year, which is expected to have a positive impact on the company's performance. At the same time, the Chlorobenzamide project of the company has the industrial chain advantage of supporting the main raw materials, 2,3-Dichloropyridine, using the new technological route, low cost, energy saving and environmental protection, and has obtained the domestic certificates.

Q: What is the competitive advantage of 2,3-Dichloropyridine?

A: The company adopts the leading green and environmental protection process route. At the same time, the company has self-supporting raw materials, and has the whole industrial chain and cost advantages of Pyridine, which is difficult for enterprises in the same industry. At the same time, 2,3-Dichloropyridine is an important intermediate of Chlorantraniliprole, the world's largest insecticide. In the future, with the substantial increase of Chlorantraniliprole market scale and production capacity, 2,3-Dichloropyridine will become an important intermediate, and the market demand will be further expanded with broad market prospects.

Q: How is the Paraquat market?

A: Although Paraquat is banned by some countries, it is still widely used in more than 70 countries around the world, especially in the United States, South America, Indonesia, Africa and other countries and regions. Paraquat belongs to the rigid herbicide product because of its unique three-in-one performance of weeding, drying and stubble elimination. The overall market demand is stable at present. At present, as the domestic supervision of Paraquat industry is increasingly tightened, industry barriers are further raised, the company's pParaquat product market discourse power is increasing. Although recently influenced by something, the price of Paraquat has declined from the high level of last year, but the overall stability remains. At the same time, the company actively strengthens the exchanges and cooperation with the relevant production enterprises in the industry to jointly maintain market stability.

Q: Does the company currently have any other plans for new product development and production?

A: On the basis of the three green pesticide industry chains formed after 34 years of innovation and development, the company continues to extend and optimize the industry. At present, the company is investing in construction and planning investment construction of two major projects. First, the project with an annual output of 2000 tons of Chlorantraniliprole is being constructed. Currently, the project construction is accelerating and is expected to be put into production in the first half of this year. Second, it plans to invest in the construction of L-ammonium phosphine oxalate project, which has been approved for the record of Butanoic acid project, and the work of the project is being actively promoted.