Limin Group Co., Ltd. recently announced that its wholly owned subsidiary, Limin Chemical Co., Ltd., has obtained an Investment Project Filing Certificate from the Economic Development Bureau of the Jiangsu Xinyi Economic Development Zone for a high-end green crop protection product project.
The project involves a planned investment of RMB 321.6 million to build an intelligent workshop and supporting facilities for high-end green crop protection products. Upon completion and full operation, it will have an annual production capacity of 2,000 tonnes of fluopyram technical material.
Fluopyram is an SDHI fungicide and one of the high-end fungicide varieties that Chinese companies have concentrated on in recent years. Limin Group stated that the project aligns with industry development trends and will help continuously optimise the company's product mix, further enrich its high-end fungicide portfolio, and accelerate the cultivation of a new profit growth driver. The company also said it will closely follow the group's "15th Five-Year Plan" strategic deployment, continue increasing R&D investment in green, efficient crop protection products, and strengthen its competitive advantages in the high-end green crop protection sector through green manufacturing.