China agrochemical industry weekly

China’s chemical pesticide production sees a 0.3% decrease in 2022H1

Data shows that in the first half year of 2022, China’s production of chemical pesticides recorded 1.297 million tons, a year-on-year decrease of 0.3%.

In June 2022, the national production of chemical pesticides was 219,000 tons, a year-on-year decrease of 3.1%. 

China chemical pesticide production

Norsyn received IPO approval from China Securities Regulatory Commission

According to the announcement, Norsyn plans to go public on the main board of the Shenzhen Stock Exchange this time, withan initial public offering of no more than 25 million shares, accounting for noless than 25% of the company's total share capital after issuance. The raisedfunds will be used for projects such as intelligent digital factories technologicaltransformation of green pesticide formulation, R&D center, marketingservice system construction and supplementary operating funds.

13,600 tons of pesticide technical and intermediate projects to be implemented in Hubei, China

Recently, Hubei Jinghesheng BiotechnologyCo., Ltd.'s project of the annual production of 13,600 tons of pesticidetechnical and intermediate has passed energy saving examination of the localgovernment.

The project is consisted of eight producing lines, include: 2-Chloro-5-methylthiazole4000 tons, thiamethoxam 3000 tons, clothianidin 2,000 tons, monochloroacetone 1,000tons, pymetrozine 1,000 tons, 2-Methylbenzoyl cyanide (CAS No.5955-73-7)800 tons, 1,2-Di(dimethylamino)ethane (CAS No. 110-18-9) 1,200 tons, flonicamid, 600 tons.

“Top 50 Exporting Companies of China Agrochemical in Year 2021” List Released 

Shandong Weifang Rainbow Chemical Co., Ltd.jumped to 1st place in the list of 2021 from 2ndplace in 2020, followed by Jiangsu Yangnong Chemical. Co.,Ltd., and ZhejiangWynca Chemical Group Co., Ltd.