China agrochemical industry weekly(0719)

Generics dominate the top 20 pesticides by sales worldwide, with $70.2 billion in 2022

According to the latest data from the Crop Protection Federation of India (CCFI), the share of generic pesticides in the global pesticide market has reached a record high, accounting for 93% of the market share, while the market share of patented pesticides is only 7%. This data is provided by S&P Global, the world's leading agri-business analyst.

Syngenta registered a new Fluxapyroxad fungicide in the United States

Syngenta today announced that its Posterity® XT fungicide has been made available in California for use on golf courses in the state to combat more than 20 lawn diseases, including common diseases such as fairy ring and banded sclerotial blight.

Basf resolves dispute over Saflufenacil products in New Zealand

Basf recently announced that its patent dispute with Adria, a New Zealand company, has been successfully resolved. At the heart of the dispute is Adria's sale of Sledge 700WG herbicide, which contains BASF's patented active ingredient, Saflufenacil

Syngenta acquires Produtecnica, a distributor of agricultural inputs, to strengthen its agricultural services in Brazil

Syngenta recently announced the successful completion of the acquisition of Produtecnica, a Brazilian distributor of agricultural inputs, through its commercial platform SYNAP. The acquisition, which was approved by Brazil's Administrative Council for Economic Defense (CADE), marks Syngenta's further expansion into the Brazilian agricultural market

2023~2024 Brazil fungicide market: Prothioconazole and Tebuconazole are widely used, and multi-site fungicides Mancozeb and Chlorothalonil are in shortage

 According to data analysis by the Digifarmz Smart Agriculture platform, the most widely used site-specific fungicides used by producers during the 2023-2024 Brazilian crop season were products containing Prothioconazole and Tebuconazole. 

FMC divested GSS non-farm business and acquired environmental science company Envu for $350 million

FMC, a leading global agricultural sciences company, recently announced that it has signed a definitive agreement with Envu, an environmental sciences company, to sell its Global Specialty Solutions (GSS) business for $350 million. The transaction is expected to close by the end of 2024, subject to regulatory approval.

The EU review removed the restriction on the use of Metconazole as a fungicide and plant growth regulator in the previous approval

Recently, the European Commission issued a formal announcement announcing that based on the EU pesticide REGULATION (EC) No 1107/2009, the EU reassessment of Metconazole has been approved, and the approval validity has been extended to August 31, 2031. 

Sumitomo launches the world's first Epyrifenacil herbicide in Argentina, which works synergistically with Glyphosate

Sumitomo Chemical recently launched a new herbicide, Empera, in the Argentine market, taking Sumitomo Chemical's new self-developed molecule Rapidicil (Epyrifenacil), the company's third generation PPO inhibitor, designed to address the difficult weed problem in Argentina, Brazil, the United States and Canada.

Nichino Mexico promotes a new Tolfenpyrad insecticide in Mexico

Recently, Nichino Mexico S. de R.L. de C.V., a subsidiary of Japanese pesticide company Nihon Nohyaku Co., Ltd. announced the addition of Apta insecticides to its product portfolio, further enriching the company's product line in the Mexican market. The active ingredient of Apta is Tolfenpyrad, which was developed and patented by Japanese pesticides.

China approved the registration of pea field's first herbicide product

 Recently, Anhui Jin Tu Di’s 16% of the Quizalofop-p-ethyl, Flumetsulam OD products were approved for registration.

Ningxia Gerui plans to build a project with an 1050 t/a of fungicide, such as Prochloraz

Recently, Ningxia Gerui’s annual output of 1050 tons of fungicide project in the relevant website environmental assessment publicity.

India-Russia fertilizer cooperation deepens: Both sides aim to boost trade to $100 billion, and Russian producers call for tariff removal

Russia's leading fertiliser manufacturer Phosagro has called on India to remove the 5% import duty imposed on Russian producers to ensure the stability of fertiliser supplies in the future.

EPA releases draft Biological Opinion of Methomyl: 82 species may be threatened

Recently, the U.S. Environmental Protection Agency (EPA) announced that it will make the U.S. Fish and Wildlife Service's (FWS) draft biological opinion on Methomyl available for public comment. The draft, which covers a wide range of protected species, has sparked widespread concern in the agricultural and environmental communities.