China agrochemical industry weekly(0203)

China丨Projects with an investment of ￥130 million and an output of 1,320 t/a of biopesticide technicals are located in Shaanxi

The environmental assessment approval document of the relocation and renovation project of biological pesticide production line of Shaanxi Gerida was publicized by Weinan Bureau of Ecological Environment. 

2,4-DB was first registered in alfalfa fields

Recently, 30% of 2, 4-DB products (with 33% Sodium salt content of 2, 4-DB) of CYNDA were approved to be extended for registration. 

Yangnong is expected to make a profit of ￥1.711 billion to ￥1.955 billion in 2022, with a yoy growth of 40%-60%

On January 21, Yangnong announced a pre-increase in its 2022 annual performance. The announcement shows that Yangnong is expected to achieve annual net profit attributable to the owner of the parent company in 2022

Yongnong Biological sprints the world's largest producer of glufosinate-p with entire industrial chain

During the Spring Festival holiday, Ningxia Yongnong did not stop production and projects. The production line of 35,000 tons of Methyldiethoxyphosphine and 20,000 tons of Glufosinate ammonium, which are planned to be put into production this year, are working overtime to build.

Focused on “differentiation and de-massified" products, Greatchem submitted IPO application in the GEM

 According to the progress of the GEM listing review, the status of the IPO application of Greatchem changed to "submitted for registration" on January 30, and the date of the company's IPO being reviewed and approved by the Municipal Committee on GEM is August 25, 2022.

Rainbow invested ￥2.68 billion in technical production and new projects including Clethodim, 2, 4-D and Flumioxazin

 On Jan 31, 2023, Shandong Rainbow released a feasibility analysis report on the use of funds raised by issuing shares to specific objects in 2023.

Yongtai announced the establishment of a joint venture company

On Feb 2, Zhejiang Yongtai announced the establishment of a joint venture company and the completion of industrial and commercial registration.