Lier's 20,000 MT project is expected to start production in June

Lier Chemical responded to investor concerns on its investor relations platform on April 20. The questions and answers are as follows:

 Q: After the production capacity of Glufosinate-p comes up, is there no market for the production capacity of Glufosinate-ammonium?

A:In the long term, it is a trend to replace  Glufosinate-ammonium with Glufosinate-p, but it needs a process. At the same time, Glufosinate-p can also replace the traditional herbicide Glyphosate and paraquat in the market.

Q:Recently, the domestic production of Glufosinate-p and Glufosinate-ammonium has produced a considerable output. Will it have a certain impact on the company's business? 

A: By taking advantage of its own technology, the company has become the first enterprise in China to master the key technology of large-scale synthesis of fine Glufosinate-ammoniu. With continuous innovation in the process of Glufosinate-p, the company has formed a number of high-value patents, and actively promotes the global layout of patents, and the technology is at the global leading level.

Q: May I ask what is the company's plan to become the first one in the industry (main business) in China and the world?

A: In the next few years, the company will continue to focus on the company's development strategy, in order to create a "chemical enterprise with international competitiveness and influence" vision to carry out work, continue to introduce and train all kinds of talents, further strengthen and expand the international market; At the same time, adhere to the market-oriented principle, develop a variety of series of formulation products, develop the domestic terminal market, implement the brand strategy, expand the domestic market as soon as possible, achieve both international and domestic market development, become a company with pesticide formulations and technicals as the main business, and take into account other fine chemicals