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Lier Chemical: net profit up by 52.4% to USD22.4 million in H1 2017

Lier Chemical Co., Ltd. (Lier Chemical) released its 2017 semi-annual financial figures:

²  Revenue: +32.7% year on year to USD182.7 million

²  Net profit: +52.4% year on year to USD22.4 million

 

Jiangsu Lanfeng: revenue up by 25.2% YoY to USD127.6 million in H1 2017

According to the 2017 semi-annual financial report released by Jiangsu Lanfeng Bio-chemical Co., Ltd. (Jiangsu Lanfeng), the company made revenue of USD127.6 million, up by 25.2% year on year, and net profit of USD9.1 million, down by 5.2% year on year.

 

Veyong Bio-Chemical renamed and began to plan a new production line with 3,000 t/a glufosinate-ammonium

Due to the need of development, "Hebei Veyong Biochemical Pesticide Co., Ltd. " officially changed its name to "Hebei Veyong Bio-Chemical Co., Ltd.", referred to as " Veyong Bio-Chemical " on August 23, 2017. After its renamed, the company's business scope also increased from the previous of pesticide production and sales, etc. to the content of biological chemical products, fine chemical products production and sales.

 

Rotam Agrochemical: +50% YoY in H1 2017 sales from Jiangsu wheat market

As of Sept. 2017, Jiangsu Rotam Agrochemical Co., Ltd. (Rotam Agrochemical) achieved a growth of 50%+ in pesticide sales from Jiangsu wheat market, despite the overall depression in the domestic agricultural means of production business.

 

Noposion plans to increase investment in Tiantianquan with USD46.2 million

On 14 Sept., 2017, Shenzhen Noposion Agrochemicals Co., Ltd. (Noposion) published a notice about its increased investment in its wholly-owned subsidiary, Shenzhen Tiantianquan Internet Ecology Co., Ltd. (Tiantianquan) Accordingly, Noposion plans to input USD46.2 million into Tiantianquan, after which the registered capital of the latter will be USD123.1 million and the former will own the 100% shares of the latter.

 

Jiangsu Flag renamed for business expansion

On 18 Sept., 2017, Jiangsu Flag Chemical Industry Co., Ltd. (Jiangsu Flag) announced that its company name had been changed to Jiangsu Flag Technology Co., Ltd. (江苏中旗科技股份有限公司), for the reason that the previous name could neither cover all its existing businesses nor cater to its need for future business expansion.

 

Thirty pesticide-involved producers listed among 2017 Top 500 Chinese Petrochemical Enterprises

On 6-7 Sept., 2017, the 2017 Top 500 Chinese Petrochemical Enterprises list was unveiled jointly by the China Petroleum and Chemical Industry Federation (CPCIF) and the China Chemical Enterprise Management Association (CCEMA).

New pesticide technical registrations in August 2017

No.

Reg. code

Pesticide A.I.

Content

Registrant

1

PD20171712

prochloraz-

manganese

chloride complex

98%

Shandong Weifang

Rainbow Chemical Co., Ltd.

2

PD20171710

flonicamid

97%

Shandong Qingdao Haolite

Biological Pesticide Co., Ltd.

3

PD20171702

zoxystrobin

98%

Qingdao Runnong Chemical Co., Ltd.

4

PD20171701

pyraclostrobin

98%

Xinyi Yongcheng Chemical

 Industrial Co., Ltd.

5

PD20171698

sulfentrazone

95%

Luzhou East Agrochemical Co., Ltd.

6

PD20171695

boscalid

97%

Yingde Greatchem

Chemicals Co., Ltd.

7

PD20171681

penoxsulam

98%

Mudanjiang Baijiaxin

Biotechnology Co., Ltd.

8

PD20171671

4-indol-3-

ylbutyric acid

98%

Zhengzhou Syneract

Chemicals Co., Ltd.

9

PD20171643

2,4-D-ethylhexyl

96%

Jiangsu Trustchem Crop

 Protection Technology Co., Ltd.

10

PD20171634

cyhalofop-butyl

97.5%

Lianhe Chemical Technology

 (Dezhou) Co., Ltd.

11

PD20171633

tricyclazole

95%

Chongqing Chemical

Pesticides (Group) Co., Ltd.

12

PD20171618

dicamba

96%

Nantong Jiangshan Agrochemical

 & Chemical Co., Ltd.

13

PD20171617

s-metolachlor

97%

Jiangsu Trustchem Crop

Protection Technology Co., Ltd.

14

PD20171612

diniconazole

95%

Jiangsu Kinghon

Biotechnology Co., Ltd.

15

PD20171595

fludioxonil

98%

Jiangsu Agrochem Laboratory

16

PD20171575

penoxsulam

98%

Jiangxi Tianyu Chemical Co., Ltd.

17

PD20171560

isoprothiolane

95%

Jiangsu Lion Chem Co., Ltd.

18

PD20171529

spirotetramat

97%

Shandong Qingdao Haolite

 Biological Pesticide Co., Ltd.

19

PD20171512

penoxsulam

98%

Hefei Xingyu Chemical Co., Ltd.

20

PD20171510

iodosulfuron-

methyl-sodium

91%

Jiangsu Repont Pesticide

 Factory Co., Ltd.

21

PD20171508

boscalid

96%

Qingdao Runnong Chemical Co., Ltd.

22

PD20171486

lufenuron

97%

Jiangsu Fengshan Group Co., Ltd.

23

PD20171461

tebufenozide

97%

Jiangsu Trustchem Crop

 Protection Technology Co., Ltd.

Source: ICAMA

 

MEP: enterprises should open the sewage information according to regulations

On August 27, 2017, the "disclosure approach (draft) of environmental information for enterprise or institution" that newly revised by the Ministry of Environmental Protection, said that if the key pollutant discharging units don’t open the sewage information according to regulation but make falsification, Ministry of Environmental Protection will fine these illegal units. Now the approach is still seeking advice. Once approved to implement, it will become the environmental threshold for agricultural enterprises.

 

China to hold 2017 AgroChem Philippines

In November 2017, the China Council for the Promotion of International Trade is to hold the 2017 AgroChem Philippines.