China agrochemical industry weekly(0407)

Nutrichem's net profit in 2022 increased bymore than 120% compared with the same periodlast year

On March31, Nutrichem disclosed its 2022 annual report. During thereporting period, the company achieved operating revenue of 8.161 billion yuan,with a year-on-year growth of 9.90%. Net profit returned to the mother was1.057 billion yuan, up121.93% year on year. Non-net profit was 1.077 billionyuan, up by 117.46% yearon year.

Lier:Net profitis expected to be 260 million to ￥280million in the first quarter of 2023

Lier Chemical on April 3 released thefirst quarter of 2023 performance forecast, the netprofit attributable toshareholders of listed companies is expected to be 260million yuan to 280million yuan, a year-on-year decline of 51.34% to 47.60%.

Jiuyi firstly passed in the GEM and continuous breakthrough inproduct innovation andindustrialization

The Shenzhen StockExchange held a reviewmeeting on March 31 to review Anhui Jiuyi 's initial public offering.

Ihara introduced the soybean fungicide Sugoy (Chlorothalonil +Inpyrfluxam+Metominostrobin) in Brazil to improve resistance management

Ihara recently introduced Sugoy, afungicide,to control major diseases of soybean crops. According totheintroduction, the effective ingredient of the product is Chlorothalonil+Inpyrfluxam+ Metominostrobin, It promises torevolutionize Phakopsorapachyrhizi, Corynespora cassiicola, Colletotrichumtruncatum and Microsphaera’sAdministration of diffusa

Willowood has establisheda subsidiary in Brazil to operate in the field of cropprotection and crophealth

Willowood Agriscience RepresentacaoCommercial Ltda officially announced its expansioninto the field of cropprotection and crop health in Brazil at a client meet inSao Paulo, Brazil, onMarch 14, 2023. 

Vive's fungicide AZteroid™FC3.3 is available for the first time in Canada

Recently, Vive Crop Protection haslaunched its AZteroid™FC3.3 fungicide in Canada. The active ingredient of theAzteroid™FC3.3 fungicide is Azoxystrobin.

Basf has launched its newRevyona® fungicide in Spain, which is based onMefentrifluconazole

Basf has launched a new fungicide,Revyona® (75g/L Mefentrifluconazole), for use on grape andfruit crops in Spain.European legislation on the renewaland registration of active substances andphytosanitary products is becoming increasingly stringent

FMC expanded production to a maximum capacity of 6000 t/a Chlorantraniliprole and1200 t/a Cyantraniliprole

Recently, FMC (Shanghai)’s Chemical plant optimization and newe nvironmental protection equipmentproject was approved by Shanghai Bureau ofEcological Environment.