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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.
The epidemic situation of dengue in Guangdong Province presents to be very serious, with mosquito as major spreading media.
On 23 Sept., 2014, Hubei Sanonda Co., Ltd. (Sanonda) received a notice from China National Agrochemical Corporation (China National Agrochemical) that the latter plans to transfer its 100% shares in Jingzhou Sanonda Co., Ltd. (Jingzhou Sanonda) to Sinochem International Corporation (Sinochem International).
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 26 June, 2014, Winall Hi-Tech Seed Co., Ltd. (Winall Hi-Tech) held a meeting, on which the Proposal of the Application, together with Zhejiang University, to the Ministry of Agriculture of China for the Industrial Research on Insect-resistant GM Corn. If the application is successful, Winall Hi-Tech will, as required, invest self-raised fund into the operation of the project.
On 25 Sept., 2014, the People’s Government of Shandong Province issued the Suggestions to Further Seed System Reform and Enhance Innovation Ability (the Suggestions).