On 6 September, 2014, Huapont-Nutrichem Co., Ltd. (Huapont-Nutrichem) published an announcement on its second purchasing of the stock of Tibet Nyingchi Baisheng Pharmaceutical Co., Ltd. (Tibet Baisheng) Huapont-Nutrichem will spend USD235.8 million to buy 71.5% share of Tibet Baisheng.
On 17 Sept., 2014, Yangmei Chemical Co., Ltd. (Yangmei Chemical) made an announcement that its shareholding subsidiary
Recently, Nantong Jiangshan Agrochemical & Chemical Co., Ltd. (Nantong Jiangshan) succeeded in pilot production of glyphosate SG formulations in its pesticide formulation factory.
On 15 Sept., 2014, SinoChem Agro Co., Ltd. (SinoChem Agro), jointly with the Committee of Safe and Scientific Use of Pesticides, China Crop Protection Industry Association (CCPIA) successfully held a meeting for its seed coating, SeedEraTM to be launched on global market, in Changsha City, Hunan Province.
This week the chlorpyrifos market meets a tight supply. The mainstream quotation of 97% chlorpyrifos technical in the domestic market reached USD6,031/t—USD6,346/t.
On 30 Aug., 2014, Hebang Co., Ltd. (Hebang) released its semi-annual financial report. Accordingly, it achieved a revenue of USD149.0 million (RMB916.5 million) in H1 2014, up by 41.4% year on year.
On 9 Sept., 2014, Shenzhen Noposion Pesticide Co., Ltd. (Noposion), a listed pesticide formulation enterprise in China, and Kingenta Ecological Engineering Group Co., Ltd. (Kingenta), a listed fertilizer enterprises in China, signed a strategic co-operation agreement to carry out a comprehensive in-depth strategic cooperation.
In order to strengthen the impact of China’s pesticides in Africa, the International Trade Committee of China Crop Protection Industry Association (CCPIA), invited by the Pesticide Committee, Ministry of Agriculture and Land Reclamation of Egypt and Egypt Pesticide Association (EPA)
On 30 Aug., 2014, Sinochem International Corporation (Sinochem International) released the semi-annual financial report.
On 21 Aug., 2014, Hainan Provincial Price Bureau and Hainan Provincial Department of Agriculture jointly released the Provisional Measures for Price Management on Pesticides in Hainan Province (Measures), in which the pesticide enterprises in the province are required to set sale prices independently for their pesticides, and not exceeding the prescript margin rate.
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