The head of the administration of the Lipetsk region Igor Artamonov and the Deputy Minister of Industry and Trade of Russia Mikhail Ivanov took part in the solemn ceremony of launching the new production. "The opening of this enterprise is significant not only for the Lipetsk region, but also for the entire industry of chemical plant protection products," said Mikhail Ivanov. – This industry is actively developing. Over the past ten years, the market of plant protection products in Russia has grown three times, and production – eight times. We hope that thanks to the introduction of a new enterprise in the Elets district, we will be able to increase the production capacity for the production of chemical plant protection products to 300 thousand tons per year." Investments in the project amounted to four billion rubles. In the future, the plant will create 350 jobs. The company is equipped with the most modern equipment. The production capacity is 50 million tons of products per year. At the first stage, 60 names of drugs will be produced here, and in the future their number will grow to 100. The company's products are used by more than three thousand agricultural producers in all Russian regions. When it reaches full capacity, Chance Enterprise will be able to produce 30% of all plant protection products needed in Russia, as well as produce export products.