Jiangsu Lanfeng Biochemical Co., Ltd.
(Lanfeng Biochemical), one of the leading carbendazim producers in China
In detail, both the total revenue and net
profit of Lanfeng Biochemical witnessed increase in Q1 2012, reaching USD48.25
million (RMB304.44 million) and USD4.13 million (RMB26.09 million)
respectively, up 20.50% and 16.86% over the same period of last year.
According to Lanfeng Biochemical's Q1 2012
financial report, its good performance is primarily attributed to the rise in
sales of pesticides and intermediates, two major businesses of the company.
Furthermore, Lanfeng Biochemical increased its supply with the expansion of
some products both in variety and capacity during the course of its relocation,
which greatly promoted the company's sales of main businesses.
Take carbendazim for example, Lanfeng
Biochemical's sales volume of this fungicide has considerably soared up in the
first three months of 2012, and statistics from China Crop Protection Industry
Association (CCPIA) show that domestic sales volume of the company's
carbendazim technical has exceeded 1,000 tonnes only in Feb. this year.
Owing to the large quantity of demand for
carbendazim from both at home and abroad as well as good product quality,
Lanfeng Biochemical's capacity and output of carbendazim technical have been
rising to a great extent in recent years.
According to CCPIA, the capacity and output
of Lanfeng Biochemcial have hit 15,000t/a and 14,677 tonnes respectively in
2011, increasing by 9,000t/a and 10,069 tonnes over 2008. So far, Lanfeng
Biochemical is the second largest manufacturer of carbendazim technical in China
Lanfeng Biochemical expanded not only its
fungicide production but also insecticides and herbicides. For instance, the
company's capacity of acephate technical (an organophosphate insecticide) has
been expanded to 8,000t/a in Feb. 2012 from the original 2,000t/a.
It is worth noting that Lanfeng Biochemical
has realized the importance of strengthening the development in domestic market
due to the outbreak of financial crisis and the European debt crisis.
Therefore, the company has been making great efforts to heighten its product
marketing and brand promotion in China
"Our company brought out some new
products and further widened domestic terminal market through the
implementation of detailed promotion measures in early 2012," said Mr.
Liang, General Manager of Lanfeng Biochemical.
In the next few months of this year, Lanfeng
Biochemical plans to increase investment in domestic market, optimize the
structure of its sales regions, and strive to achieve a considerable
breakthrough–seizing more market share of pesticides to continue to enhance its
overall performance to a great extent.
Main content of Fungicides
China
Lanfeng
Biochemical continues to perform well in Q1 2012
Lier
Chemical's net profit sharply slides in Q1 2012
Changqing
Agrochemical's Q1 2012 profit up 17.39% year on year
ABA
Chemicals to establish joint venture
Mancozeb
technical experiences flourishing production and sales in Q1 2012
Registrations
of kresoxim-methyl hot in early 2012
Administrative
Regulations on EHS of Chinese Pesticide Industry to be issued soon
… …
(Guangzhou China
Fungicides China
About CCM
CCM is dedicated to market research in China
CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070,China
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070,
Tel: 86-20-37616606
No comments:
Post a Comment