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Revenue and net
profit of Hunan Haili decreases in 2013
In 2013, Hunan Haili's
revenue decreased to USD179.49 million, down by 7.18% YoY; its net profit also
witnessed an decrease of 6.28% YoY, hitting USD1.27 million. The production and
sales of its pesticide products (mainly carbamate insecticides) was lower than
expected in 2013, which is the main reason of revenue and profit decline in the
year.
Nanjing Redsun's
net profit of 2013 rises by 30.30% YoY
According to 2013
annual report, Nanjing Redsun enjoyed slight revenue growth in 2013, reaching
USD1,177.64 million. What's more impressive, its net profit witnessed a
remarkable growth of 30.30% YoY, hitting USD60.50 million in 2013. Its good
performance of pesticide business pushed forward the company's whole progress
in the year.
2013 Sanonda's
net profit triples from 2012
Sanonda's revenue and
net profit witnessed a large growth in 2013, reaching USD500.65 million and
USD52.17 million, up 31.27% and 209.16% respectively over 2012. The company
considers the noticeable growth in 2013 mainly lies in the fact that both the
sales volumes and prices of its leading products increased.
Aino shares are
acquired by North China Pharmaceutical Co., Ltd.
On 17 March, 2014,
North China Pharmaceutical Co., Ltd. acquires 49% shares of Aino at a price of
USD10.04 million (RMB61.75 million), and it will hold 49% shares of Aino after
the acquisition.
Jiangsu Kwin
boosts e-commerce for pesticide sale
In 2014, Jiangsu Kwin
shows noticeable enthusiasm on boosting network marketing. On 13 March, 2014,
Jiangsu Kwin held a symposium, to discuss measures to boost e-commerce for its
pesticide products. Later on 25 March, Jiangsu Kwin attended the inauguration
of Yancheng City's E-Commerce Integrity Alliance.
Hebei Chinally
promoted China's patented pesticide: cyhalodiamide
On the 15th CAC show of
March 2014, Hebei Chinally International Trade Co., Ltd. (Hebei Chinally)
promoted a new patented pesticide namely cyhalodiamide, agented by the company
(cyhalodiamide technicial) exclusively. Hebei Chinally revealed that cyhalodiamide
technical is expected to be registered in China in Jan. 2015.
Integration of
Sanonda and ADAMA speeds up
In March 2013, Sanonda
released two announcements about the company's reformation and acceptance of
due diligence from Agrochemchina, indicating that the business integration
between ADAMA and subsidiaries of Agrochemchina is boosted acceleratedly.
China's export of
lambda-cyhalothrin TC and formulations both soar in 2013
In 2013, the total
export volume of lambda-cyhalothrin technical and formulations in China
increased by 61.23% YoY to about 15,010.4 tonnes, according to China Customs
and CCM.
China's export of
pirimicarb formulations increases in 2013
In 2013, the total
export volume of pirimicarb technical and formulations in China increased by
15.42% YoY to about 294.1 tonnes, according to China Customs and CCM.
IPP, CAAS plans
to attract investment and implement joint-stock reform in Zhongbao Group
China insecticide
import and export in 2013
According to China
Custom's statistics, China exported 224,663 tonnes insecticides with a growth
rate of 16.90% YoY and imported 10,196 tonnes insecticides with a growth rate
of 17.94% YoY in 2013.
Occurrence of
wheat mites and wheat aphides are severer than last year
Jiangsu Anpon's
pesticide direct selling trial achieves results
On 28 March, 2014,
Jiangsu Anpon holds a summing-up meeting for preparatory work of pesticide
direct selling network project. There are 180 distributors from counties have
cooperation intention with jiangsu Anpon by far, developing effective sales
successively.
AQSIQ revises
standards of some pesticides production license
In March, 2014, China
Administration for Quality Supervision and Inspection and Quarantine issued
Revision on Pesticide Production and Industrial Production License Implement,
including 5 revisions on pesticide product standards and 14 newly added product
standards.
Over 30 varieties
of pesticides used on special crops registered in 2014
New insecticide
technical registrations in March 2014
According to the ICAMA,
12 registrations of insecticide technical (not including update of old registrations)
were approved in March 2014 in China. Among them, thiamethoxam obtained three
registrations in this month.
Why are
microencapsulated pesticides with advantages not popular?
As one main form of
sustained-release formulations, microencapsule' s development is relatively
slow in China pesticide market. Wang Jianwo gives opinions about problems that
microencapsulated pesticide confronts and related solutions as pesticide
expert.
Production of
insecticides increased 12.7% YoY in the first two months of 2014
Shanghai port
prices of major insecticides in April 2014
Ex-works prices
of major insecticides in April 2014
FOB Shanghai
prices of major insecticides in April 2014
Legend Holding
Ltd. invested USD4.88 million in tea industry
Guangdong puts
USD213 million into agricultural pollution treatment
In order to reduce
environmental pollution caused by pesticides etc., Guangdong's agricultural
pollution treatment project formally starts up on 13 March, 2014.
Agriculture and
rural areas are still having investment priority in china in 2014
MOA pumped 0.81
million into high toxic pesticide's designated sales sites demonstration
Sinochem
continues to promote SYP-9080 actively
Jiangxi’s
consumption of chemical pesticides has decreased 11% YoY in 2013
China ejects a
batch of MIR162 GM corns again
Information
exchange of biopesticides' registration jointly held by ICAMA and Bayer
To know more detail of Insecticides China News, please visit
http://www.cnchemicals.com/ResearchCenter/Newsletter/1/Insecticides-China-News
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