Trusted Market and Commodities-Trade Intelligence
According to the National Bureau of Statistics of the People’s Republic of China (NBS), in Sept. 2014 the total output of chemical pesticides in China was 303,199 tonnes, up 10.92% YoY.
According to the report made by Jiangsu Pesticide Research Institute Company Ltd. towards the 2014 International Crop Protection Forum, Du Hui, general manager of Dow AgroSciences (China) LLC (Dow AgroSciences China) made prediction and analysis on China’s pesticide market.
To prepare for the Asia-Pacific Economic Cooperation (APEC) economic leaders' meeting and related meetings to be held in Beijing in early November 2014, authorities in China decided to implement emergent emission reduction measures in Beijing, Tianjin, Hebei Province and Shandong Province from 3 November, in order to guarantee the air quality during the meeting period.
To accelerate and standardize the application of scientific achievements for seed industry in commercial production, the Ministry of Agriculture (MOA) and the Ministry of Science and Technology of China jointly drew up the Interim Measures for the Administration of Property Right Exchange for Technological Achievements in Seed Industry (hereinafter referred as the Interim Measures).
In the evening of 16 October, 2014, an explosion broke out in the workshop for pilot production of ethyl chloride in Hubei Yangxin Chishun Chemical Factory (Chishun Chemical).
Nanjing Red Sun Co., Ltd.(Nanjing Red Sun), a listed pesticide enterprise in China, released its Q3 financial report on 23 Oct., 2014. Its revenue in the first three quarters of 2014 witnessed a slight growth of 1.6% over the same period of 2013 reaching USD810.0 million.
Shandong Luba Chemical Co., Ltd. (Shandong Luba) held a product launch for its 50% paraquat SG in Jinan City of Shandong Province. About 500 attendees from 28 provinces, cities and autonomous regions presented at the conference.
On 28 October, 2014, the Board of Directors of Lier Chemical Co., Ltd. (Lier Chemical) passes a bill on constructing a production line of intermediate of glufosinate-ammonium with a capacity of 1,000t/a and conducting technological upgrade and capacity expansion for the supporting facilities.
On Oct. 17, 2014, Zhengzhou Property Exchange (ZPE) announced that Zhengzhou Vegetable Research Institute has entrusted the ZPE with a public auction of its 13.4% equity of Zhengzhou Zhengyan Seed Technology Company Limited (Zhengzhou Zhengyan). Now, the ZPE is collecting the transferee publicly for the equity auction.
According to te public information released by Shandong Environmental Protection Bureau (the Bureau) in Oct. 2014, Shandong Yixing Biotechnology Co., Ltd. (Shandong Yixing) plans to construct one imazethapyr production line (including imazameth) and one imazamox production line.