Lier Chemical Launches Glufosinate Project in Sichuan Provice
Earlier this year, Lier Chemical began work on a RMB 980 million ($149.13 million) 10,000-ton glufosinate project in Guangan, Sichaun Province, China, according to CCPIA.
In addition, the company invested more than RMB 200 million ($40.43 million) to produce 26,000 tons of pesticides and other chemicals. According to CCPIA, the glufosinate market has dipped recently. Glufosinate prices declined to $2,060/ton. The market for glufosinate has been affected by over supply and price competition.