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Welcome to April issue of Herbicides China News published by CCM International, a professional consulting company who has been extensively and intently focusing on dynamics of China's herbicide industry.
At first, we are pleasant to notice you that the peak season of Chinese pesticide industry has come. Accordingly, recent quotation of herbicide in China witnesses continuous price uptrend. And we hope Chinese herbicide could be sold with a nice price in this season.
On March 15th, prominent CAC Exhibition (the 12th China International Agrochemical & Crop Protection Exhibition) held in Shanghai. CCM International participated it and learnt that the lively trade situation of Chinese pesticide in 2011 was hot, implying that Chinese pesticide Industry is actually recovering.
Coupled with the further recovery, in fact, Chinese pesticide industry also witnesses a reformation. More and more agrochemical covets share market, and meanwhile, listed agrochemical companies start overseas expansion. In 2011, the most attractive information about acquisition in China must be the purchase plan of Chinachem towards Makhteshim Agan Industries.
Even though ambitious target is stirring, as for most of domestic pesticide manufacturers, they have to make arduous effort to reach the target. Hence, some sensible pesticide pursuers such as Lianhe Chemical and Jiangsu Changqing improved or expanded production in April. No matter how the pursuers did, their effort will result in the right way.
Jiangsu Changqing's net profit and revenue both witnessed growth of 5.46% and 11.7% year on year to USD16.25 million and USD115 million respectively in 2010.
Hubei Sanonda achieved a 23.3% increase year on year in net profit to USD3.6 million in 2010 though its revenue decreased by 4.9% year on year to USD239 million.
Five potential companies covet Chinese agrochemical share segment.
Fuhua Tongda is Chinese No. 2 glyphosate manufacturers, standing side by sidy with Zhejiang Jinfanda and Nantong Jiangshan in China.
Xinyi Zhongkai and Zhejiang Wynca still continue their cooperation to pursue quinclorac pleasantly.
Qingdao Hansen's self-developed pendimethalin technical production technology has passed official certification in China recently.
Shenyang Sciencreat is an important technology-type enterprise in Chinese agrochemical industry.
M&A trend in China's pesticide industry is inevitable, and it will be achieved sooner or latter.
With the government's strict regulation and rigorous demand for application condition, metsulfuron-methyl witnesses shrinking consumption in China.
Jiangsu Changqing will launch 500t/a clethodim project in March.
Lianhe Chemical launches 300t/a carfentrazone-ethyl technical production line recently.
Shangyu Nutrichem launched four new herbicide technical reformation projects.
Jilin Hengda lays aside 100t/a imazethapyr construction nowadays.
Chinese herbicide price increases further in April 2011.
Up to now, China has eight pursuers doing or preparing pure pyridine production with total capacity of about 110,000t/a.
Jiangsu Changqing: 5.46% increase in net profit
Sanonda achieves 23% increase in 2010
Several agrochemical companies want to get listed
Fuhua Tongda reaches No. 2 in glyphosate's capacity
Xinyi Zhongkai and Zhejiang Wynca enjoy cooperation
Qingdao Hansen develops pendimethalin technology
Shenyang Sciencreat: A lively technology-type enterprise
M&A in China's pesticide industry is underway
Metsulfuron-methyl fades in China
Jiangsu Changqing launches 500t/a clethodim project
Lianhe Chemical initiates carfentrazone-ethyl production
Shangyu Nutrichem expands herbicide production
Jilin Hengda lays aside 100t/a imazethapyr plan
Chinese herbicide price increases further
Chinese pyridine: Production and construction
Jiangsu Changqing, Hubei Sanonda, Fuhua Tongda, Xinyi Zhongkai, Qingdao Hansen, Shenyang Sciencreat, Lianhe Chemical, Shangyu Nutrichem, Jilin Hengda
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