China agrochemical industry weekly(0114)

 Heben Launched 4000-ton Clomazone Production in Sichuan

On December 18th, the first product line of Sichuan Heben Crop Protection Co., Ltd., entered trial operation. This product line carries an annual production capacity of 4000 tons of Clomazone technical.

Performance report: Lier’s net profit increased 68.97% year-on-year in 2022

 Lier disclosed the company's performance report. In 2022, the company achieved a total revenue of ¥10.124 billion, a year-on-year growth of 55.90%，a net profit attributable to shareholders of listed companies reached ¥1.812 billion, up 68.97% year on year, and a non-net profit was ¥1.852 billion, up 74.18% year on year.

Kangqiao's Pyraclostrobin EC successfully registered in Canada, milestone in the North American market

In August 2022, the PMRA of Health Canada officially approved the registration of Kangqiao’s Pyraclostrobin 250 EC (Registration number: 34601).

500 products, including Chlorantraniliprole, were approved for registration in China

According to ICAMA, there are a total of 500 newly approved products registrations in China in 2022, including 290 field pesticide products, 192 only for export products and 18 sanitary insecticides.

 Guoguang intends to invest ￥26 million to acquire 51% stock rights of Shenghong

On Jan 9, Guoguang issued an announcement on the foreign investment of Shuangfeng, its wholly-owned subsidiary.

Guangxin: Glyphosate and Diuron are sold smoothly and orderly and 2022 annual net profit expected to increase by 52.09 - 67.64%YOY

 On Jan 7, Guangxin announced a pre-increase of 2022 annual performance

Rainbow (Mexico) gained 40 new registrations in 2022

Rainbow Mexico has obtained 40 new pesticide registrations in 2022, ranking first among all Mexican companies in the number of new licenses, far ahead of the second company in the number of new licenses (according to preliminary statistics, the second company has 11 new licenses in 2022). 

New policies of pesticide registration in China (2022)

the Ministry of Agriculture and Rural Affairs revised and repromulgated the Measures for pesticide registration

Projects of an output of 22,000 t/a Prothioconazole and Tiorantraniliprole will be built

On Jan 5th, the signing ceremony of the Gansu Production Base of Udragon and the project of "Annual production of 22,000 tons of pesticide technicals, 500 tons of safernertechnical and 4,500 tons of fine chemical intermediates" was held in Jinchang Administrative Center.