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Paraquat AS for domestic market off production since from 1 July, 2014

According to the joint Announcement No. 1745, by the Ministry of Agriculture, the Ministry of Industry and Information Technology, the General Administration of Quality Supervision,Inspection and Quarantine, the registration, production license and production of paraquat AS for domestic market shall be revoked from 1 July, 2014; the paraquat AS registration for export of TKL producers is allowed. From 1 July, 2016 onwards, the sale and application of paraquat AS is banned in the domestic market. However, there haven’t been any report on the industrial production of newly developed paraquat formulations, thought there are reports on those which have acquired registrations.

 

Overcapacity bothers domestic chlorfenapyr enterprises

As one of the highly efficient and low-toxicity insecticides, chlorfenapyr has been more and more popular in China in recent years. Eyeing the expanding demand for chlorfenapyr in the domestic market, more and more pesticide enterprises have started to set foot in the business of chlorfenapyr, leading to oversupply in the Chinese market. 

 

Huifeng Joint-Stock tookover Jialong Chemical, building the second pesticide fixed-point production base

Jiangsu Huifeng Agrochemical Co., Ltd. released investment announcement to public in May 12th. Huifeng invested its 125,398,500Yuan in Jiangsu Jialong Chemical Co., Ltd. and its investment takes over 53. 2518% share of Jialong Chemicals. Huifeng subscribed for 8,783,400 shares from Jialong’s ex-shareholders.


The progress of new emission standards for pesticide were posted

The harshest-ever environment protection law has been issued, the pesticide industry in environment has attracted public attention. Recently, the third China pesticide industry HSE elevated workshop held by CCPIA was held in Shanghai. This seminar will develop a discussion around emission standard of water pollution and air pollution which will be issued.


Limin Chemical Co., Ltd. is to be listed and offers 25,000,000 stocks this time

Limin Chemical Co., Ltd. is to be listed in Shenzhen Stock Exchange and offers 25,000,000 stocks this time, accounting for more than 25% of the total shares after offering which is not more than 10,000,000 shares.


Fungicide and herbicide import continued double digit growth in the first quarter

The domestic pesticide trade is in good condition, the trade surplus is obvious in the first quarter of 2014. According to customs head office statistic, from Jan to Mar, the total import pesticide grew 17.9% to 26,800 tons, the volume of imports rose 4.9% to $221 million. Among all, the import and the amount of import of fungicides and herbicides shows double-digit growth. The import of fungicide is 8,500 tons, rose 15%, the amount of import is 91,000,000 dollars, rose 16.8%. The import of herbicide is 10,800 tons, rose 16.4%, the amount of import is 65,000,000 dollars, rose 11.3%. The import of insecticide is 3,000 tons, rose 19.4%, the amount of imports is 45,000,000 dollars, decreased 20.6%.


The fungicide output rose 12.4%, in April

According to the National Bureau of statistics data, there are more than 353 pesticide enterprises and the total production of pesticide TC decreased 2.6% to 292,000 tons.


The domestic glyphosate market continued downward trend in May

The domestic glyphosate market continued their downward trend, the price continued declining, and the market appears low value frequently, small and medium enterprises faced shutting down or reduction because of financial pressure and higher sales pressure. 


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.

 

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