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Think Real press releases and industry coverage


Registration approval given to 28 pesticide technical in China in April 2015

According to statistics of the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA), altogether 28 pesticide technical were approved for the registration, not including renewable registrations in April 2015.

 

Anhui Guangxin formally launches IPO

On 12 May, 2015, Anhui Guangxin Agrochemical Co., Ltd. (Anhui Guangxin) issued stocks as an A-share company (Stock Code: 603599) and got listed on Shanghai Stock Exchange next day.

 

Aland finishes stock handover with DSM

On 31 March, 2015, Aland (Jiangsu) Nutraceutical Co., Ltd. (Aland, a leading VC producer globally) held a stock handover ceremony that it transferred all the stocks to DSM. Starting with joining DSM, Aland will fully introduce the advanced technologies and management experience from DSM, constantly improve its management level and consolidate its leading position in the global VC industry.

 

230 new pesticide registrations in April 2015

According to data from the Institute for the Control of Agrochemicals, Ministry of Agriculture of China (ICAMA), from 1 April to 30 April, 2015, there were 230 newly approved pesticide registrations in China, among which 28 were for technical (12.2% of the total) and 202 were for formulations (87.8% of the total).

 

MEP plans to implement Measures for Recycling of Pesticide Packaging Waste

In order to control pesticide packaging waste pollution, protect rural ecological environment and safeguard human health, the Ministry of Environmental Protection of the People's Republic of China (MEP) drafted the Measures for Recycling of Pesticide Packaging Waste (Trial) (Hereinafter referred to as Measures) and solicited public opinions on 14 April, 2015.

 

Net profit of Xiwang Food in 2014 down by 35.1% year on year

On 24 March, 2015, Xiwang Food Co., Ltd. (Xiwang Food) published its 2014 annual report. Accordingly, the company’s revenue and net profit went down by 22.9% and 35.1% year on year respectively, both due to the slipping sales volume of corn oil.

 

Jiangsu Lanfeng: YoY drop of 25.2% in 2014 revenue from pesticides

On 14 April, 2015, Jiangsu Lanfeng Biochemical Co., Ltd. (Jiangsu Lanfeng) released the 2014 full-year financial report:

l   Revenue: USD203.5 million, down by 8.7% YoY

l   Net profit: -USD6.1 million

 

Huapont-Nutrichem: YoY rise of 41.8% in 2014 net profit

In April 2015, Huapont-Nutrichem Co., Ltd. (Huapont-Nutrichem) released the 2014 full-year financial report:

l   Revenue: USD791.2 million, up by 9.0% YoY

l   Net profit: USD69.8 million, up by 41.8% YoY

 

Longlive Biotechnology: revenue decreases, net profit increases in 2014

On 26 March, 2015, Shandong Longlive Biotechnology Co., Ltd. (Longlive Biotechnology) published its 2014 annual report. Accordingly, the company’s revenue decreased by 16.2% year on year as the sales from starch sugar products shrank; its net profit rose by 18.7% year on year mainly because the company received subsidy for its fiber fuel ethanol.

 

DuPont launches new insecticide Verimark®

DuPont Crop Protection Business Department announced on 28 April, 2015 that it had formally launched Verimark®, a new-type insecticide, in China. This product, with brand new mechanism of action, is developed especially for crop care in seedling stage and featured by eco-friendliness, broad spectrum, lasting insecticidal effect, labor-saving and time-saving, etc.