On 5 March, 2015, the Ministry of Industry and Information Technology of the People’s Republic of China (MIIT) released the Second List of New Pesticide Production Enterprises Not Allowed to Put on Record in 2014.
On 9 Feb., 2015, Jiangsu Flag Chemical Industry Co., Ltd. (Jiangsu Flag) submitted its prospectus for Initial Public Offering (IPO) to China Securities Regulatory Commission. The company is planning for a public offering of no more than 19 million shares on Shenzhen Stock Exchange (SZSE). The shares to be issued account for no less than 25% of its total shares after the offering.
According to Think Real’s analysis, China exported 58,184 tonnes of glyphosate in Dec. 2014, up 31.3% over the previous month. The goods are worth USD174.0 million, increasing by 22.3% month on month.
According to the information released by the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA) on 6 March, 2015, the name of Astec Lifesciences Limited (Astec) had been put on record. Besides, Astec has already entrusted other companies to begin pesticide registration in China.
On 10 March, 2015, awards including 2014 Top 10 Chinese Pesticides Exporters and 2014 Overseas Market Expansion Award and so on were released at the opening dinner of the 16th China International Agrochemical & Crop Protection Exhibition (CAC 2015) and the 2015 China International New Fertilizer & Pesticide Exhibotion held by China International Trade Promotion Council of Chemical Industry Branch in Shanghai.
In Feb. 2015, Beijing Zhongbao Lvnong High-Tech Co., Ltd. (Zhongbao Lvnong), a subsidiary of the Chinese Academy of Agricultural Sciences (CAAS), held a product exchange meeting for "Atailing" to continue promotion of the product.
On 6 Feb., 2015, China Securities Regulatory Commission (CSRC) announced that the initial IPO (Initial Public Offering) application of Sichuan Guoguang Agrochemical Co., Ltd. (Sichuan Guoguang) had been approved, indicating that the company may officially get listed soon.
On 5 March, 2015, the Institute for the Control of Agrochemicals, Ministry of Agriculture of China (ICAMA) released the Brief Analysis of Operation Situation of Domestic Pesticide Industry in 2014, according to which China’s pesticide output was 3,682,000 tonnes and the monthly output in Oct.-Dec. was higher than other months.
Follow Think Real