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Think Real press releases and industry coverage


Zhejiang Wynca witnessed loss of USD2.6 million in H1 2016

Zhejiang Wynca Chemical Group Co., Ltd. (Zhejiang Wynca) released its semi-annual report in 2016. During the reported period, Zhejiang Wynca’s sales revenue was USD525.9 million, down 12.9% YoY; its net profit loss was USD2.6 million, while it lost USD5.1 million in corresponding period of 2015.

 

Shandong Province finds diquat products added with paraquat

Recently, the Shandong Institute for the Control of Agrochemicals (the Institute) published a notice emphasizing the necessity of paying attention to the illegal sale of paraquat AS with the package of diquat.

 

China exports 74,516 tonnes of glyphosate in June 2016, growing by 20.1% year on year

According to statistics by Think Real, in June 2016, China exported 74,516 tonnes of glyphosate, growing by 20.1% year on year; the export value of the products was USD157.92 million, slipping by 1.5% year on year.

 

ChemChina’s acquisition of Syngenta to be postponed for third time

In Sept., 2016, the China National Chemical Corporation (ChemChina) announced to postpone its acquisition of Syngenta again, to 8 Nov., 2016, which is the third time that the plan has been delayed. With the USD43 billion full-cash payment, the acquisition has been drawing attention and controversy since its beginning in Feb. due to the GM giant identity of Syngenta.

 

2016年6月中国草甘膦出口74,516吨,同比增长20.05%

根据Think Real统计,20166月中国草甘膦出口量为74,516吨,比去年同期增长20.05%,出口额为15,792万美元,比去年同期下滑了1.46%

 

Shandong Province shuts down 935 enterprises having safety and environmental risks

In September 2016, the Shandong Economic and Information Technology Committee announced the new progress made during the transformation of local chemical industry towards environmentally friendly and safe production. So far 935 enterprises having safety and environmental risks have been shut down and 1,319 suspended for production. This signals a large decline in the source of risks. From January to July, 4 big accidents happened to the indust0ry and caused 10 deaths, figures respectively down by 11 and 16.

 

Result of the 1st batch of pesticide inspection by MOA

The first batch of pesticide samples inspected by the MOA include those for vegetables, fruit trees, tea trees, wheat, corn, cotton, soybeans and so on, involving 28 provinces, autonomous regions and municipalities and abroad. Totally 1,323 products were in the sampling inspection and the number of qualified were 1,213, with a qualified rate of 91.7%.

 

First registration of pyraclonil to be approved in China

On 1 Sept., 2016, the ICAMA released the 8th batch of pesticides with proposed registration, in which the registrations of 97% pyraclonil TC and 2% pyraclonil GR from Hubei Xianghe Chem Co., Ltd., are to be approved in China. The formulations were registered for the control of annual weeds in transplanted rice fields. According to inquiry, this is the first registration of pyraclonil in China.

 

China may realize industrial production of soybean and corn in five years

On 5 Sept., 2016, the GM Seminar for National Media Reports was held in Changchun City, Jilin Province, on which Wan Jianmin, Academician of the Chinese Academy of Engineering and General Engineer of the Major and Special GM Project (the Project), introduced the progress of the project. He revealed that China might realize the industrial production of GM herbicide-resistant soybean and insect-resistant corn in the next five years.

 

Sanonda’s net profit in H1 2016 is only USD2.5 million, falling by 85.6%

Hubei Sanonda Co., Ltd. (Sanonda) published its semi-annual report for 2016, according to which the company’s revenue and net profit were USD151.7 million and USD2.5 million, which fell by 18.6% and 85.6% year on year respectively.