As a global strategic factory and global production base the new facility is expected to invest $112 million in total
Syngenta Group, a seeds and pesticides manufacturer, announced plans to build a production base in the Nantong Economic and Technological Development Zone, or NETDA, at a recent signing ceremony in Nantong.
Sinochem Holdings' wholly-owned subsidiary, Syngenta Group positions the new facility as its global strategic factory and global production base and is expected to invest $112 million in total.
The new factory will produce plant protection products such as a plant growth regulator and nature bioactivator. Construction will start this year, with plans for the factory to commence operation in 2026.
Zhang Tong, mayor of Nantong, expressed her congratulations and said that Syngenta Group boasts a sound collaborative foundation with Nantong, adding that the group has recorded rapid growth in the city while boosting industrial upgrading.
Zhang also expressed hope that Syngenta will bring more upstream and downstream enterprises to Nantong. She promised to create a more favorable business environment and support the group's development.
Su Fu, president of Syngenta Group China, thanked Nantong authorities for their long-term support and pledged to facilitate the high-quality development of the city's agriculture
