China丨 Total investment of RMB 1.5 billion, Kangbasi’s projects of technicals and intermediates passed completion acceptance.

Recently, the high-end pesticide technicals and intermediate projects of Kangbasi have passed the completion acceptance.

The completion acceptance is divided into on-site entity quality inspection and completion data inspection. Through the on-site inspection, the project passed the completion acceptance.

Kangbasi is located in Green Chemical Industry Park, Lanzhou New Area.，Gansu province. And, it is a wholly-owned subsidiary established by Jiangsu Repont on June 9, 2020, with a registered capital of 50 million yuan. In October 2020, the project was officially started in Lanzhou New Area, with a total investment of 1.5 billion yuan. According to the latest standards and norms of national security and environmental protection, they have built a new research and development center and ten automatic production lines.

The products are high-end pesticide technicals and pesticide intermediates, and the core business is herbicide with high efficiency, low toxicity and low residue, like Sulfentrazone. At that time, the project was expected to be completed on April 10, 2021. After completion, the annual sales revenue will reach 2 billion yuan, the annual tax revenue will exceed 150 million yuan, and 600 jobs will be provided.