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ADAMA: sales hit historic high at USD872 million in Q3 2018

ADAMA Agricultural Solutions Ltd. (ADAMA) released its financial report, showing that in Q3 2018, the sales were up by 3.4% year on year to USD872 million. This really hit a historic high.

 

Grand AgroChem wins exclusive proxy of 80% mancozeb in China from Agria

On 16 Oct., 2018, Beijing Grand AgroChem Co., Ltd. (Grand AgroChem) signed a strategic cooperative deal with Bulgaria Agria S.A. (Agria) to realize win-win in products and markets. After the deal is complete, Grand AgroChem will become the exclusive agent of Agria’s 80% mancozeb WP in the China area.

 

2018 CAC Pakistan Summit to open soon

The 4th CAC Pakistan Summit (2018 CAC), which was organized by CCPIT Sub-Council of Chemical Industry (CCPIT Chem) and Lahore Chamber of Commerce and Industries (LCCI) jointly, is going to be held in Lahore, Pakistan from 3-5 December 2018. In total, over 100 pesticide, fertilizer, agricultural machinery, and seed leading enterprises from China, Pakistan, India, and other countries will participate.

 

Seven new amicarbazone registrations to be approved soon

On 26 Sept., 2018, the Ministry of Agriculture and Rural Affairs (MARA) approved the formal registrations of seven amicarbazone products, indicating the upcoming peaking for amicarbazone registration.

 

NATESC: some late rice planting regions should warn rice planthopper breakout

In early Oct. 2018, the National Agro-Tech Extension and Service Center (NATESC) published information about the medium-scale occurrence of diseases and pests for late rice in China. The number of rice planthoppers in the east of Jiangnan Region rose fast and the volume of rice leaf rollers in certain areas was quite large.

 

AgroChemEx reveals Top 30 Exporters of Pesticides in China in 2017

On 15 Oct., 2018, the Top 30 Exporters of Pesticides in China in 2017 were revealed on the Eighteenth AgroChemEx. The top one is still Shandong Weifang Rainbow Chemical Co., Ltd. and the second is Nutrichem Laboratory Co., Ltd.

 

Sichuan Fuhua, transferee of 29.19% shares of Nantong Jiangshan

On 29 September 2018, Sinochem International Corporation (Sinochem International) and Sichuan Fuhua Crop Protection Technology Investment Co., Ltd. (Sichuan Fuhua) signed a Share Transfer Agreement. Sichuan Fuhua became the transferee of 29.19% of shares in Nantong Jiangshan Agrochemical & Chemical Co., Ltd. (Nantong Jiangshan), with transfer price at USD3.0/share and sum at USD261.5 million. The payment was in cash.

 

Officials from 16 countries visit Qingdao Hailir

On 6 Sept., 2018, 58 officials and technology experts from 16 developing countries that attended the 2018 Developing Countries Capacity Cooperation Seminar visited Qingdao Hailir Pesticides & Chemicals Co., Ltd. (Qingdao Hailir). The countries include Belarus, Uzbekistan, Ghana, Bulgaria, Cameroon, Cuba and Vietnam.

 

China to increase export rebate rate from November 2018

On 8 October 2018, the Executive Meeting of the State Council was held. During this, the decision to complete the export rebate policy and accelerate the drawback was made. From 1 November 2018 specifically,

²  The respective export rebate rate of 15% and 13% on certain commodities will be both increased to 16%

²  The figure of 9% will be raised to 10% and even to 13% partially

²  The rate of 5% will be improved to 6% and even to 10% partially

Zhejiang Wynca attends China Burkina Faso economy, trade and investment recommendation meeting

On 2 Sept., 2018, some person in charge of the overseas business department of Zhejiang Wynca Chemical Group Co., Ltd. (Zhejiang Wynca) attended the China Burkina Faso Economy, Trade and Investment Recommendation Meeting.

 

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