Hebei Shenghe to build pesticide production base
Chinese company Hebei Shenghe Chemical has started work on an “integrated” agrochemical manufacturing facility in Xinji, a city in China’s Hebei province. The facility has a total investment of Yuan 1,147 million ($187.3 million at the current rate), will occupy an area of some 17 ha, and provide around 500 jobs. It should realise annual profits of Yuan 380.1 million ($62.1 million). After coming online, it will reportedly serve as a base for pesticide production, research and sales.