China agrochemical industry weekly(0705)

Argentina will recognize the results of isotropic certification of pesticide active ingredients in some countries

SENASA has introduced a new resolution 694/2024 that will recognize the results of isocertification of chemical or biological active ingredients in plant protection products (pesticides) in third countries.

Syngenta registered two active ingredients in the United States, Isocycloseram and Cyclobutrifluram

Syngenta recently announced that two of its innovative active ingredients, Isocycloseram and Cyclobutrifluram, are awaiting registration with the U.S. Environmental Protection Agency (EPA) for use in the specialty solutions market. The two technologies, named under the PLINAZOLIN® and TYMIRIUM® brands respectively, mark another important step in Syngenta's agrochemical product innovation.

Shandong Lubachem terminated the IPO

On June 27, the news of the Shanghai Stock Exchange showed that the Shanghai Stock Exchange terminated its main board listing audit due to the withdrawal of Shandong Lubachem and its sponsor Minsheng Securities Co., LTD.

Australia plans the registration of acaricide Interrupt 240 SC(Bayer) and its active ingredient Spiromesifen

The Australian Pesticide and Veterinary Medicine Authority (APVMA) has announced the proposed registration of the Bayer acaricide Interrupt 240 SC (containing 240g/L Spiromesifen SC) and its active ingredient Spiromesifen.

India has decided to impose anti-dumping duties on Sodium cyanide and initiate an anti-dumping investigation on Glufosinate ammonium

On June 27, 2024, the Tax Bureau of the Ministry of Finance of India issued Circular No. 10/2024-Customs(ADD), saying that it accepted the final anti-dumping recommendation made by the Ministry of Commerce and Industry of India on March 28, 2024 on Sodium cyanide originating in or imported from China, the European Union, Japan and South Korea, and decided to impose anti-dumping duties on the products involved for a period of five years. 

Corteva launched a $600 million barter trade program in Brazil and Paraguay to facilitate the trading of agricultural inputs

Corteva has launched an innovative barter trading program that aims to help farmers access agricultural inputs more efficiently through a new payment mechanism, while reducing their risk of price volatility in commodity markets. The program allows farmers to use grains harvested during the 2024/25 season, such as soybeans and corn, as a means of payment in exchange for agricultural inputs such as pesticides, biologics and seeds.

Adama's Acephate insecticide's crop registration in Brazil was extended to beans and peanuts

Adama recently announced that its insecticide Magnum (Acephate) has successfully obtained registration extensions for beans and peanut crops in Brazil. The approval makes Magnum an important tool for managing major pests of these crops, including aleyrodid (Bemisia tabaci), leaf hoppers (Empoasca kraemeri) and thrips (Enneothrips flavens). These pests seriously threaten the productivity of related crops.

Sword Agrochemical’ annual production of 76,000 tons of pesticide intermediates construction project completed

Recently, Ningxia Sword Agrochemical’s annual output of 76,000 tons of pesticide intermediates construction project completion environmental acceptance monitoring report is shown on the relevant website.

Sipcam Oxon SpA expands its European footprint with the acquisition of the distribution assets of Phyteurop SA

Recently, Italy’s Sipcam Oxon SpA has announced a major strategic move with the successful acquisition of all distribution assets of Phyteurop SA, a French company, through its subsidiary Sipcam France SA. Although the exact financial details of the transaction were not disclosed, the move marks the further consolidation of Sipcam Oxon SpA's leadership position in the European agricultural market.

MoonBiotech completed ¥300 million C+ financing, and continued to promote the industrialization of more biological innovation

MoonBiotech announced that it has recently completed a C+ financing of 300 million yuan, which is exclusively invested by SDIC. This round of financing is also MoonBiotech after the C round of financing introduced the State Investment Venture Fund, once again won the support of the national team fund.

China: In the first half of 2024, 120 new herbicides were registered in paddy fields, with the largest number of Cyhalofop-butyl

After checking the China Pesticide Information Network, 120 herbicides for paddy fields were newly approved and registered in 2024, of which 60 were single and mixed, involving 9 dosage forms such as EC, OD, SLX and SC.

Bayer will market an innovative Bixafen fungicide in Brazil

Recently, at the Hortitec exhibition in Brazil 2024, Bayer presented its newly developed fungicide Valpura, containing the active ingredient Bixafen. At present, Valpura is still in the pre-launch stage.

Syngenta launches its digital farming platform Cropwise® in Spain

Syngenta has launched its innovative digital farming platform Cropwise® in the Spanish market, which aims to provide farmers with a comprehensive farm management system through advanced digital solutions that sustainably optimise the productivity and profitability of their operations.