China agrochemical industry weekly(1125)

Limin builds a joint laboratory with Sichuan Industrial Institute of Antibiotics

Recently, Limin and Sichuan Industrial Institute of Antibiotics from Chengdu University officially signed a contract, the two sides will build a joint laboratory of biological agricultural and veterinary drug R&D.

Bianjing to build a fine chemical and pesticide formulation project with ¥1.2 billion in Shandong

Recently, Bianjing established Heze Bianjing Biotechnology with ¥1.2 billion in Shandong province to build a project with an annual output of 25,000 tons of fine chemicals and pesticide formulations, which will generate sales revenue of ¥2 billion and tax revenue of ¥150 million after the project is put into operation.

Current technicals price in China market

The price of 95% Bentazone technical rose 15,000 yuan to 120,000 Y/T. 

The price of 95% Glyphosate technical dropped 1,000 yuan to 50,000 Y/T.

1.9 million tons! The first three quarters of China chemical pesticide production

From January to September 2022, the cumulative output of pesticide technical was 1,917,400 tons, down 1.9% year on year. The average output of the month was 193,000 tons, down 2.6% year on year, and the output showed a “double decline” in the Cumulative year on year and the same month on year.

Qianjiang Biochemical plans to establish a wholly-owned subsidiary with ¥350 million investment

On Nov 23, Qianjiang Biochemical released an announcement of the establishment of a wholly-owned subsidiary.

Komu to build PMIDA project with an investment of ¥80 million in Anhui

Recently, Komu’s acceptance notice of PMIDA project environmental impact statement has been published on the website. This company plans to build PMIDA project with an output of 12,000 T/A in Anhui province.