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According to the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA), altogether 12 technical was approved for registration in October 2014, including 5 herbicides, 5 fungicides and 2 insecticides.
On 12 Nov., 2014, Vertellus Specialty Chemicals (Nantong) Co., Ltd.(Nantong Vertellus), a large chemical production enterprise mainly engaged in the production of raw materials for pharmaceutical, personal care, nutrition, agricultural chemicals, etc., held start-up ceremony for its new 5,000t/a nicotinamide production line in Nantong City.
According to the Q3 2014 financial reports released by 18 Chinese pesticide enterprises, altogether 17 enterprises made profits and only Jiangsu Lanfeng Bio-Chemical Co., Ltd. suffered losses. Specifically, Hebei Veyong Bio-Chemical Co., Ltd. (Veyong Bio-Chemical) made the biggest net profit in the first three quarters, reaching USD87.8 million.
On 31 Oct., 2014, Henan Qiule Seed Technology Co., Ltd. (Henan Qiule) released an announcement that it looked for partners to jointly develop new corn varieties or transfer its regional sale rights. In recent years, Henan Qiule has emphasized the R&D input and external cooperation.
On 28 Oct., 2014, Dow AgroSciences LLC (Dow AgroSciences) held a celebration for the 10-year launching of DAOJIE® (Active ingredient: 25 g/L penoxsulam SC) on the market in Taicang City, Jiangsu Province. Zou Feng, marketing manager of Dow AgroSciences released statistics on DAOJIE®.
Recently, the Ministry of Agriculture of the People’s Republic of China (MOA) released the Written Decision on the Administrative Penalty. According to the Regulations on Pesticide Administration, the MOA revoked the registration certificates of 11 pesticides from 9 pesticide enterprises.
In the first nine months of 2014, the revenue of Zhejiang Wynca Chemical Group Co., Ltd. (Zhejiang Wynca) increased by 13.8% year on year to USD958.7 million; on the contrary, its net profit witnessed a 73.9% year-on-year decline to USD15.3 million.
In late Oct., 2014, the 14th National Pesticide Exchange Conference was held by the China Crop Protection Industry Association (CCPIA) in Shanghai. Mr. Wenjun Zhang, direct general of the International Office of Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA), said that both export and import of pesticides in China continued to grow this year;