【Haichuan Project Updates】Lanzhou 15,000-ton pharmaceutical, pesticide, and new material intermediate project

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【Construction begins on project to produce 15,000 tons per year of new intermediates for pharmaceuticals and pesticides in Lanzhou New Area】On July 8, the project to produce 15,000 tons per year of such new intermediates, carried out by Gansu Langma Qiyun Technology Co., Ltd. and constructed by Lanzhou New Area Chemical Engineering Co., Ltd., officially started construction in the Green Chemical Industry Park. It is reported that Gansu Langma Qiyun Technology Co., Ltd. is a wholly-owned subsidiary of Nanjing Langma Qiyun Biotechnology Co., Ltd., established in 2020 in Lanzhou New Area. Its parent company is located in Liuhe District, Nanjing, and is primarily engaged in the research and development as well as production of biotechnology, environmental protection technology, and chemical technologies. The annual production project of 15,000 tons of new material intermediates for pharmaceuticals and pesticides by Langma Qi Yun Technology Co., Ltd. is located north of Weiyi 57th Road and east of Jing Sanxiu 6th Road, covering an area of approximately 330 mu. The total investment in the project is 400 million yuan, of which 300 million yuan is allocated to fixed asset investments. The project will mainly involve the construction of production lines for 13 products, including 3,000 tons per year of pentachloropyridine, along with the necessary supporting facilities. Upon reaching full production capacity, the project is expected to produce 3,000 tons per year of one type of new material intermediate ； 10,200 tons of 9 pesticide intermediates ； 3 types of pharmaceutical intermediates, 1,400 tons. Once completed and put into operation, it is expected to generate an annual output value of over 500 million yuan, as well as annual profits and taxes of 50 million yuan. A responsible official from Lanzhou New Area Chemical Engineering Co., Ltd. said that they will bring full enthusiasm to the task, organize everything carefully, and adhere to high standards and strict requirements to ensure that the project is completed on time and to the required quality.