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According to information from the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA), it adjusted the commercial codes of some products, which involves one pesticide. Its HS code is adjusted to 29341090 from 29341000, which will be used starting from 1 Jan., 2018. The Release Notices of Pesticide Import and Export Registration Management about the products signed before that date can still declare at the customs within the valid period.
In December 2017, Beihai Gofar Marine Biological Co., Ltd. (Beihai Gofar) announced on the Shanghai Stock Exchange that it intended to transfer 50.4% stake of its controlling subsidiary, Hunan Gofar Fine Chemical Technology Co., Ltd. (Hunan Gofar) for a consideration of USD7.18 million. If this transfer could be finished, Beihai Gofar would no longer hold the equity of Hunan Gofar.
According to rules in the Pesticide Management Regulations, the Ministry of Agriculture of China (MOA) established the Ninth National Pesticide Registration Approval Committee, which covers several professional approval groups including chemical products, efficacy, residues, toxicology, environmental influence, production and circulation. Pesticide categories like insecticides, fungicides, herbicides, plant growth regulators, rodenticides and hygienic insecticides are all included.
From 16-17 November 2017, the 2017 Pesticide Formulations Seminar, hosted jointly by Jiangsu Crop Protection Industry Association and Jiangsu TOM Packaging Machinery Co., Ltd., was held in Jiangsu Province. Specifically the enterprise representatives discussed about how to achieve intelligent and mechanized development in the domestic pesticide formulations business and paid visits to the production sites of the domestic top pesticide formulations processors.
Lianhe Technology Co., Ltd. (Lianhetech) announced on December 9, 2017 that its wholly-owned subsidiary, Jiangsu Lianhe Technology Co., Ltd. (Jiangsu Lianhe) intended to construct Xiangshui hazardous waste landfill project in Xiangshui Industrial Economic Zone in Yancheng with total estimated investment of USD75.6 million. Lianhetech expressed that the investment was a brand-new attempt for company to enter the environmental protection industry.
In November 2017, Jilin Bada Pesticide Co., Ltd. (Jilin Bada) held a cooperation exchange for key clients in Jing Gangshan, Jiangxi Province, a move intended to specifically promote its patented product “Xiang Er” (享尔) (40% coumoxystrobin + tebuconazole SC) to its channel partners around the country.
The Catalogue for Classification & Administration of Pollutant Discharge Licensing for Stationary Pollution Sources (Version 2017) released in 2017 makes it clear that the pollutant discharge licenses should be issued to the pesticide technical manufacturers, manufacturers of pesticide intermediates mainly used for pesticide production and pesticide formulations processors in the pesticide manufacturing industry. The deadline is set in 2017, except that for biochemical pesticide and microbial pesticide manufacturers.
Recently, the National Agro-Tech Extension and Service Center (NATESC) predicted that the occurrence of major diseases and pests in 2018 will be serious on the whole.
On 7 December 2017, Limin Chemical Co., Ltd. (Limin Chemical) announced to use its self owned funding of USD1.5 million to establish a fully owned subsidiary called Jiangsu Limin Detection Technology Co., Ltd. in Nanjing, Jiangsu Province. Specifically,
During 2011-2016, China’s import/export volume and value both showed increases first and then decreases. In regard to pesticide technical, its export volume presented decreases in the proportion to the total figure while the corresponding export value only had small changes, making up about 60% of the national figure. By contrast, the export value of pesticide formulations rose frequently, accounting for increasing proportion to the total, and the export volume also grew quickly. All this indicated that the domestic pesticide industry has recovered as a whole.