In April, many agrochemical manufacturers released their annual operating performance of fiscal year 2009 one after another, including those who suffered poor performance. Meanwhile, the hot debate about GM crop commercialization in China is also undergoing. However, overall domestic herbicide market is still gloomy.Although the global financial crisis has gone away, the competition among agrochemical enterprises is intensifying continuously. In order to enhance their competitiveness, many herbicide manufacturers initiated various projects, some of which will be launched in the near future, such as Jinan Lvba's pyridine and Lier Chemical's glufosinate-ammonium.Exploring overseas market is a good way to avoid domestic intense competition; actually, Zhengjiang Wynca has tried this action. And it is also regarded as a wise move for Changqing Chemical to get public in the stock market. Domestic herbicide enterprises will make their efforts to survive the gloomy market. Jiangsu Changqing accomplished IPO on Apr. 6th, 2010.Noposion's net profit achieved growth of about 50% year on year.Fengle Seed's agrochemicals business played an important role in revenue and net profit growth of 11.17% and 156.91% respectively in 2009.Wynca Sunshine, Zhejiang Wynca's overseas subsidiary in West Africa was founded formally.The relocation of Anhui Huaxing's 100t/a bensulfuron-methyl production line is drawing to an end.Asulam is a small breed herbicide in China.Environmentally friendly formulation is the trend for herbicide development.Lier Chemical is constructing a 600t/a glufosinate-ammonium production line, even though domestic market is gloomy at present.Chinese producers have a large supply of pyridine, but most end users prefer imported product.Anhui Guangxin launches an 8,000t/a diuron production line, based on its original capacity of 2,000t/a.Jiangsu Lvlilai is relocating several herbicide production lines.GM crop commercialization has become a controversial topic in China and GM technology will play a more important role in herbicide development.Herbicide residual problem not only harms agriculture but also threatens environment and people's health, so scientific application and new varieties are necessary.Paraformaldehyde price began to decline from January, even though its raw material formaldehyde price keeps stable.In Mar. 2010, 154 producers achieved 218 herbicide registrations.
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Published on April 2010
Report Summary
In April, many agrochemical manufacturers released their annual operating performance of fiscal year 2009 one after another,
including those who suffered poor performance. Meanwhile, the hot debate about GM crop commercialization in China is also
undergoing. However, overall domestic herbicide market is still gloomy.
Although the global financial crisis has gone away, the competition among agrochemical enterprises is intensifying continuously. In
order to enhance their competitiveness, many herbicide manufacturers initiated various projects, some of which will be launched in
the near future, such as Jinan Lvba's pyridine and Lier Chemical's glufosinate-ammonium.
Exploring overseas market is a good way to avoid domestic intense competition; actually, Zhengjiang Wynca has tried this action. And
it is also regarded as a wise move for Changqing Chemical to get public in the stock market. Domestic herbicide enterprises will make
their efforts to survive the gloomy market.
Jiangsu Changqing accomplished IPO on Apr. 6th, 2010.
Noposion's net profit achieved growth of about 50% year on year.
Fengle Seed's agrochemicals business played an important role in revenue and net profit growth of 11.17% and 156.91% respectively
in 2009.
Wynca Sunshine, Zhejiang Wynca's overseas subsidiary in West Africa was founded formally.
The relocation of Anhui Huaxing's 100t/a bensulfuron-methyl production line is drawing to an end.
Asulam is a small breed herbicide in China.
Environmentally friendly formulation is the trend for herbicide development.
Lier Chemical is constructing a 600t/a glufosinate-ammonium production line, even though domestic market is gloomy at present.
Chinese producers have a large supply of pyridine, but most end users prefer imported product.
Anhui Guangxin launches an 8,000t/a diuron production line, based on its original capacity of 2,000t/a.
Jiangsu Lvlilai is relocating several herbicide production lines.
GM crop commercialization has become a controversial topic in China and GM technology will play a more important role in herbicide
development.
Herbicide residual problem not only harms agriculture but also threatens environment and people's health, so scientific application
and new varieties are necessary.
Paraformaldehyde price began to decline from January, even though its raw material formaldehyde price keeps stable.
In Mar. 2010, 154 producers achieved 218 herbicide registrations.
Table of Content
Jiangsu Changqing accomplishes IPO
Noposion's net profit soars 50%
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Fengle Seed develops rapidly
Zhejiang Wynca explores West Africa market
Anhui Huaxing finishes bensulfuron-methyl relocation
Asulam: Small breed herbicide
Herbicide's destined trend: environmentally friendly formulation
Lier Chemical to finish glufosinate-ammonium construction
China to improve pyridine supply
Anhui Guangxin launches a 8,000t/a diuron production line
Jiangsu Lvlilai relocating herbicide production lines
GM technology: favorable for herbicide development'
Brief discussion on herbicide residual problem
Paraformaldehyde price declines
Herbicide registration in Mar. 2010
Companies mentioned
Jiangsu Changqing Agrochemical Company, Shenzhen Noposion Agrochemicals Company, Fengle Seed Company, Zhejiang Wynca
Chemical Group Company, Anhui Huaxing Chemical Company, Lier Chemical Company, Anhui Guangxin Agricultural chemicals
Company, Jiangsu Lvlilai Company
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