The groundbreaking ceremony for the project of Hunan Dite New Material Technology Co., Ltd. was held on the morning of March 16. The project is located in the Xiangyindu Chemical Industry Park of Yongxing Economic Development Zone.
The project has a total investment of about 240 million yuan. Once completed, it will produce 3,500 tons of mosquito repellent active pharmaceutical ingredients (APIs) and 500 tons of finished mosquito repellent formulations annually.
It is expected to achieve an annual total output value of 500 million yuan and pay 40 million yuan in tax.
This will significantly boost the industrial upgrading and technological innovation of the enterprise and help enhance the efficiency and quality of the Yongxing’s fine chemical industry chain.
Chinese source: yxrm
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