Presses

 

China-US phase-one trade deal valuable for all, says expert

MADRID – The signing of the phase-one economic and trade agreement between China and the United States “is of great value for all of us,” said the head of a Spanish think tank. Rosa Cervera, president of Catedra China, made the comments in an interview with Xinhua after Beijing and Washington formally signed the deal...
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Lier Chemical to invest 440 million yuan to establish a joint venture with Corteva Agriscience Shanghai

On January 13, 2020,Lier Chemical announced that the company signed a “Shareholders Agreement” with Corteva Agriscience (Shanghai) Co.,Ltd. (Corteva Agriscience Shanghai)to jointly set up a subsidiary. The total registered capital is 550 million yuan, of which, Lier Chemical contributes 440 million yuan with 80% equity of the joint venture,  Corteva Agriscience Shanghai contributes 110 million...
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Pesticides prohibited (stopped) from use (46 active ingredients) in China

HCH, DDT, toxaphene, dibromochloropropane, chlordimeform, dibromoethane, nitrofen, aldrin, dieldrin, mercurial, arsenic pesticides, lead pesticides, Bis-A-TDA, fluoroacetamide, glyftor, tetramine, sodium fluoroacetate, silatrane, methamidophos, parathion, parathion-methyl, monocrotophos, phosphamidon, fenamiphos, fonofos, phosfolan-methyl, calcium phosphide, magnesium phosphide, zinc phosphide, cadusafos, coumaphos, sulfotep, terbufos, chlorsulfuron, ethametsulfuron, metsulfuron-methyl, asomate, urbacid, dicofol, lindane, endosulfan, bromomethane, sulfluramid, methidathion, paraquat, and 2,4-D butyl ester....
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Nutrien acquires Brazilian Ag retailer Agrosema, 12 farm centers

Nutrien Ltd. (“Nutrien”) announced that it has entered into a definitive agreement to purchase 100 percent of the equity of Agrosema Comercial Agricola Ltda. (“Agrosema”). Agrosema is an important Ag retailer in the southern Brazil crop input market with over 30 years of experience. Their annual sales are approximately US$60 million across 12 farm centers...
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China’s Fertilizer Export Decline 10% in Dec.

According to the statistics from the General Administration of Customs of PRC, China’s total export volume of fertilizers in Nov. reached 2.43million tons, down 10%  YoY. China’s cumulative export of chemical fertilizers from Jan.to Nov. was 24.43 million tons, a  an increase of 11.9% YOY ; the cumulative export value was US $ 6.66 billion,...
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Syngenta Group to Acquire Major Agricultural Assets from ChemChina and Sinochem Group

Syngenta Group Co., Ltd. (whose current name is China Chemical (Shanghai) Agricultural Technology Corporation Ltd., hereinafter referred to as “Syngenta Group”) is a wholly-owned subsidiary of China National Chemical Corporation Ltd. (“ChemChina”). ChemChina intends to inject the 100% shares of Syngenta A.G. and 74.02% shares of ADAMA Ltd. held by ChemChina to Syngenta Group. Meanwhile,...
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UPL gets green nod for Rs 353-cr pesticide unit expansion project in Gujarat

Agrochemical firm UPL has received the environment clearance from the government for its Rs 353.43 crore pesticide unit expansion project in Bharuch district of Gujarat, according to official documents. The environment ministry has given the go-ahead to the company for the proposed expansion project based on the inputs of a green panel, the documents showed....
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China to adjust import tariffs for some products starting Jan 1

BEIJING – China will adjust import tariffs for a range of products starting Jan 1, 2020 to promote high-quality development of trade, the Customs Tariff Commission of the State Council said Monday. Approved by the State Council, the commission recently released a circular on the adjustments of import tariffs to implement the spirit of the...
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Suli plans Yuan90 million capital investment increase in Suli Ningxia Chemicals

On 11th December, 2019, Chinese agrochemical company Suli Co., Ltd. announced an increase of capital investment of Yuan90 million in Suli Ningxia Chemicals, to promote the business development of its wholly-owned subsidiary, in conjunction with its strategic development plan. After the increase, the registered capital of Suli Ningxia Chemicals will rise from Yuan10 million to...
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‘Phase one’ trade deal is Trump’s early Christmas gift to Americans

The successful conclusion of what’s been widely described as “phase one” of a more comprehensive US-Chinese trade deal is President Trump’s early Christmas gift to Americans for saving them from suffering a spike in prices during the holiday shopping season that would have certainly occurred had the threatened tariffs entered into effect. Americans of all...
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