Hubei Shenyun to build pyrethrum plant
Chinese agrochemical company Hubei Shenyun Biotechnology Development has begun construction of a facility to extract and formulate the botanical insecticide, pyrethrum. The 10 ha site will be located in the Xishui Hongshan industrial park, in Hubei province, and will bring some 500 jobs to the area. The project has a total investment of Yuan 520 million ($76 million), and will encompass ten production lines. The plant's main focus will be a 15,000 tonnes/year unit producing a 1.5% aqueous emulsion formulation of pyrethrum. The company hopes that the new plant will help increase yearly sales to Yuan 4,000 million ($586 million).