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Sinochem Group taking over 0.06% Yangnong shares’ immunity has received China Securities Regulatory Commission’s approval

Yangnong Chemical (600486.SH) announced in 25, May, Sinochem Group taking over 0.06% Yangnong shares’ immunity has received China Securities Regulatory Commission’s approval. After holding a 100,000 shares in Jin Mao Group Co., Ltd., Sinochem Group becomes Yangnong Chemical’s new actual controller, because Sinochem holds 40.59% stake in Yangnong Chemical.


Energy saving, emission reduction and low carbon development action program in 2014-2015 promulgated by General Office of the State Council

According to the Xinhua News Agency, recently, Energy saving, emission reduction and low carbon development action program in 2014-2015 (short for Action Program) promulgated by General Office of the State Council. It further hardened index of energy saving, emission reduction and low carbon, quantified mission and strengthens measure. It will make specific requirements for this year and next year’s work.

 

The export and price of pesticide are stable in the first quarter, but come out hidden worries in the second quarter

The nine session of the three council of ChinaCrop Protection Industry Association (CCPIA) convened a meeting and figured out in Xiamen in May 27th, pesticide industry achieve steady and progress in 2013, but, at present, staple commodity came out prices downward trend, which should be drew attention. Zhang Wenjun, director of Institute for the Control of Agrochemicals, analyzed the condition of the export of pesticide in the first quarter of 2014. One is the stable trend of the number and amount of import and export and export price rising. Two is that the proportion gap of TC preparation is getting big and the preparation plays leading role. Three is that Asia and South America lead the market of export and Africa highlighted potential. The export of pesticide to Africa is 79,700 tons, rising 17.23% YoY, and the amount of exported rose 19.9%. Four is the number and amount of export of herbicide still ranked the top. Five is that the export of glyphosate I 133,000 tons, accounting for 31% of the export of pesticide.


ISO has approved temporarily 4 new pesticide general names

Recently, According to CPCN, ISO Common name of Pesticide Technical Committee approved temporarily 4 new active ingredient common names, which are fluhexafon, tetraniliprole, tolpyralate and trifludimoxazin.


Hailir Pesticides and Chemicals Group IPO disclosure in advance

In June 9 night, China Security Regulatory Commission issued the thirty-fifth batch 11 pre disclosure list, including Hailir Pesticides and Chemicals Group. It is going to public offer not more than 30,000,000 shares, the total public offering shares will account for not less than 25.00 % of total shares after offering.


Jiangsu Sevencontinent Green Chemical Co., Ltd. is to be listed in Shenzhen Stock Exchange

According to the prospectus issued by Jiangsu Sevencontinent Green Chemical Co., Ltd. (called Sevencontinent Chemical for short) in April 28th, the company is to be listed in Shenzhen Stock Exchange, this public offering was not more than 17,000,000 shares and the total share capital not more than 68,000,000 shares, accounting for not less than 25% of total share capital after offering. 


Pesticide business license hearing will be held in Beijing in late June

After repeated research and taking advice, REGULATIONS ON THE CONTROL OF AGR (amendment) has been included in a legislative plan of The State Council. The draft of amendments to regulations will turn franchise system into permit system for the business. Highly toxic, high risk and other limited use of pesticides will exercise fixed-point operation.


The price of glyphosate declined 3.02%, the enterprise going into operation becomes a difficult problem

The environmental protection of glyphosate industry is expected to weaken, due to delay the announcement of the verification of environmental protection. It is reported, the price of glyphosate has been declined 3.02% this month. The current operating rate of industry is only 50% and partial product line have been nearly closed, because of the effect of depressed demand.


Preparation stands leading role of export of China pesticide stably

According to the latest data of Institute for the Control of Agrochemicals, in the export of pesticides, the disparity of the proportion of TC to preparation is widening. Preparation plays the leading role.


State Statistical Bureau: Chinese chemical pesticide declined 2.6% in April, 2014

According to State Statistical Bureau, there are more than 353 pesticide enterprises producing pesticide TC 292,000 tons, declined 2.6% YoY in April, 2014. Jiangsu province, whose output is 87,200 tons, is the most provinces of pesticide production, then Shandong Province whose output is 68,400 tons and Zhejiang Province, whose output is 28,400 tons.


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