On March 31, at the approval of the State Council, Sinochem Group Co., Ltd. ( “Sinochem”) and China National Chemical Corporation Ltd. ( “ChemChina”) will undertake a joint restructuring. Under such a joint restructuring plan, the equity interests of both Sinochem and ChemChina will be owned by a newly-incorporated company (the “New Holding Company”), which…

On 5th Mar. 2021, Wuhan Kernel Bio-tech Co., Ltd. (hereafter as Kernel Biotech) held the inauguration celebration of Xiantao plant (phase I). The plant covers an area of 200 mu (15 mu equal to 1 hectare), of which 80 mu will be used for phase I, containing four 120-ton fermenters and related downstream facilities. Two…

On March 18, 2021, the groundbreaking ceremony for the 11,600-ton pesticide technical product and preparation project of Xingbai （Bohai New District Cangzhou）Technology Co.,Ltd was held at 10:00 in Cangzhou Bohai New Area. The event received strong support from leaders and peers from all social community. Lu Shitong,secretary of the Management Committee of Lingang Economic Development…

AgroChemEx Eastern Europe Online Eastern Europe is the granary of the European Nations, and its agrochemicals demand dominates the whole European region. From January to November 2019, 60% of the 149.46 KT pesticides exported from China to Europe are sold to Eastern Europe (15 countries and regions including Russia, Ukraine, Poland, Latvian, Belarus, Croatia, Slovenia,…

According to Lier Chemical’s annual report, Lier Chemical realized operating income of RMB 4.969 billion (USD763 million), a YoY growth of 19.33%, and net attributable profit belonged to parent company of RMB 615 million(USD 94.5 million), a YoY growth of 97.72%. Lier Chemical’s doubling performance in 2020 was largely related to its capacity expansion.In 2020,…

Most of the capital goods monitored by the government posted higher prices in early March compared with late February this year, official data showed Monday. Of the 50 major goods monitored by the government, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 34 saw their prices increase, while 12 posted lower prices, and…

According to China Pesticide Information Website, China has approved a total of 795 pesticide products (except sanitary pesticides) as of the end of December 2020. Among them, there are 300 herbicide products, accounting for 37.74% of the total pesticide products registered in 2020; 222 fungicides, accounting for 27.92% of the total pesticide products registered in…

On February 27, 2021, Hunan Haili Chemical Co., Ltd. issued an announcement on the completion and operation of some projects in Haili Guixi New Area. ” New production plant construction project “3000 t/a carbosulfan device has been recently completed and put into operation successfully (equipment running well, the quality and yields of the products are…

In 2020, the COVID-19 epidemic suddenly broke out. Facing the impact of coronavirus epidemic and the recession of the global economy, China adopted a series of supportive policies for economic recovery, helped pesticide industry overcome the difficulties, accelerated the resumption of work and production, ensured use of pesticides in crop production for the whole year…

The data from askci showed that China’s chemical pesticides TC output gained 220 thousand tons, up 11.7% YoY.The accumulative output from Jan. to Dec. in 2021 reached 2.148 million tons.