It is understood that Xinan shares 100,000 tons of silicone project will be trial production in July. The "Glyphosate-chloromethane-silicone" system of Xin'an is a magic weapon with higher organic silicon and glyphosate gross margin in the industry. The position of the boss of glyphosate is already established, and Xinan shares are now increasing the value of silicone. code. As the country’s largest glyphosate producer and the second largest silicone producer, Xinan’s most outstanding achievement in 2008 was its glyphosate business—a surge in glyphosate prices in 2008. From the beginning of the year, the increase of about 8.8 US dollars, up to over 15 US dollars / kg. This not only gave Xinan shares much attention, but also benefited from it. According to the 2008 annual report, total operating revenue increased by 88.59% year-on-year, and net profit increased by 239.73% year-on-year.
In addition to the existing 100,000 tons of organic silicon production capacity, the 100,000 tons of organic silicon production capacity of Xinan and Momentive is under construction. In addition, it will expand into the upstream and downstream industries of silicones. One of the functions of the city's industrial base is to solve its raw material problems, and the projects located in Hangzhou, Qingyuan and other places are responsible for further processing of the produced silicone. "The company's current development focus is shifting towards silicones," a researcher revealed.
At the same time, Xinan's Glyphosate capacity is also expanding. "The IDA law under construction is expected to put into operation in 2010 the first phase of 25,000 tons of glyphosate," analysts said.
"We have a lot of projects. We are currently proceeding according to plans." Jiang Yongping, director of Xin'an shares, said.