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Orgsyntes Russia will further invest glyphosate intermediate
Following the April announced plans to build the first glyphosate factories in Russia, a division of Orgsyntes Russia Renova group recently revealed, a working group of experts on the company's access to a China large-scale chemical enterprise, understand the glyphosate production technology.
According to the company, earlier Orgsyntes was with America and the European Union the world's largest agricultural companies to negotiate.
Due to the lack of production in the region of CIS, the Russian market of herbicides totally dependent on imports. Khimprom OAO plans to produce glyphosate 30000 tons a year, project investment will exceed $150000000. Khimprom OAO is a Russian local chemical company, Orgsyntes is the company's largest shareholder, holding 96.2% of the shares.
Khimprom specializing in the production of organic and inorganic products, such as the main raw material for the production of glyphosate organic phosphorus. The company said, a very important competitive production of this herbicide advantage lies in the integration of company resources can bring economic benefits. The company plans to launch new products products and hydrogen peroxide was the effective integration, integration of the production model will begin operation in 2014 June. Chemical intermediates is very important for these two products are in glyphosate production. According to the company, for the production of hydrogen peroxide on investment totaled more than $87000000.