China Agritech, Inc. Completes 100,000-ton-Capacity Granular Organic Fertilizers Production Facility in China
- Commercial Production Expected to Begin in
The new granular production line, which is housed in a new plant next to the Company’s existing liquid organic fertilizer factory, has a 100,000 ton annual production capacity. It recently obtained the production license and fertilizer registration from the local government in
Previously, the Company was making its granular products through a third-party manufacturer in
“We are excited that our first granular fertilizer production base is strategically located in
Mr. Chang continued, “Since the launch of our proprietary granular products in late 2008, we have seen robust demand in
About China Agritech, Inc.
China Agritech, Inc. is engaged in the development, manufacturing and distribution of liquid and granular organic compound fertilizers and related products in
For more information about the Company, please visit http://www.chinaagritechinc.com.
Safe Harbor Statement
This release contains certain “forward-looking statements” relating to the business of China Agritech and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions regarding statements, including but not limited to, the continued demand for China Agritech’s products, China Agritech’s ability to sustain growth for the balance of the year and China Agritech’s ability to generally meet all of its objectives. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, concentration in a single customer, raw material costs, market acceptance, future capital requirements, and competition in general and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the SEC. Except as required by law, China Agritech is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
For more information, please contact:
In China:
Mr. Kelviz Lim Kok Siak
Investor Relations
China Agritech, Inc.
Tel: +86-10-5962-1220
Email: kelviz@chinaagritech.com
In the U.S.:
Mr. Kevin Theiss / Mr. Valentine Ding
Investor Relations
Grayling
Tel: +1-646-284-9409
Email: ktheiss@hfgcg.com
vding@hfgcg.com
SOURCE China Agritech, Inc.
