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On 27 July, 2014, Wang Guo, chairman of Sichuan Beier Group Co., Ltd. (Sichuan Beier) led a group to make a five-day investigation in Russia, to promote its cooperation with Russia-based Renova Group in a glyphosate project. Accordingly, the two parties signed a cooperation agreement during this visit.
With a purpose to strengthen the safety management of pesticides in China and promote the re-evaluation of pesticides, during 16-18 July, 2014, the Institute for the Control of Agrochemicals, Ministry of Agriculture of China (ICAMA) held a seminar in Heilongjiang Province on the re-evaluation and registration of five pesticides including 2,4-D butylate.
On 25 July, 2014, Hubei Sanonda Co., Ltd. (Hubei Sanonda) published its H1 2014 report. During the report period, the company realized a revenue of USD276.26 million, up by 11.88% year on year; its net profit was USD46.86 million, sharply increasing by 126.25% year on year.
According to China Customs, the domestic export of PMIDA in May 2014 witnessed a sharp decline. In detail, the total export volume was 1,961 tonnes while the export value was USD5.18 million, with an average export price of USD2,645/t.