Australia terminates the resumed anti-dumping investigation on China's formulated glyphosate

On 24 June, 2013, Australia Customs and Border Protection Service (ACBPS) released Notice No. 2013/51 (The Notice), showing the result of anti-dumping investigation on formulated glyphosate products exported to Australia from China resumed on 16 Nov., 2012, namely these three China's glyphosate companies haven't dumped in Australia and ACBPS terminated this resumed anti-dumping investigation, according to CCM’s latest newsletter, Glyphoste China Monthly Report issued in July.

According to The Notice, these three China's glyphosate companies, namely Jiangsu Good Harvest-Weien Agrochemical Co., Ltd. (Jiangsu Good Harvest-Weien), Shandong Weifang Rainbow Chemical Co., Ltd. (Shandong Weifang Rainbow) and Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca), are judged that they haven't dumped formulated glyphosate products in Australia, so ACBPS decided to terminate the resumed investigation in accordance with s.269TDA(1) of the Customs Act 1901.

Besides, the total export volume of glyphosate formulations to Australia that have dumped from all other Chinese exporters was negligible, so ACBPS decided to terminate the resumed investigation in accordance with s.269TDA(3) of the Customs Act 1901.  

Anyway, it's the second time that ACBPS terminated the anti-dumping investigation on formulated glyphosate products exported to Australia from China since this anti-dumping investigation initiated on 6 Feb., 2012 lodged by Nufarm Limited (Nufarm) and Accensi Pty Limited (Accensi), the top two manufacturers of formulated glyphosate in Australia, and the first time was on 2 Aug., 2012.

It seems that the termination hasn't exhilarated some Chinese glyphosate producers and the glyphosate products prices in China did not fluctuate much. Take Zhejiang Wynca for example, Zhejiang Wynca claimed that this termination will have some positive impact on developing the glyphosate market in Australia, but the impact is estimated to be low. As to the glyphosate price, it's still stable in China, and the ex-works price of glyphosate technical in China keeps at about USD5,800/t-USD5,900/t at present.

But for the glyphosate producers who are eager to enlarge the glyphosate market in Australia, the result of investigation was worth cheering. Take three glyphosate companies for examples. Jiangsu Good Harvest-Weien, Shandong Weifang Rainbow and Sichuan Fuhua Tongda Agro-chemical Technology Co., Ltd. (Sichuan Fuhua) all have glyphosate registrations in Australia at present. They are always regarding Australia as one of their most important glyphosate market.

However, the proportion of these three companies' glyphosate A.I. export volume to Australia in 2012 in their total glyphosate A.I. exports has decreased to about 19.14%, down by about 8.75 and 7.67 percentage points over 2010 and 2011 respectively. The Australia's investigation result is expected to help increase the export volume of glyphosate manufactured by these three companies in the whole year of 2013.

Anti-dumping is a normal taxation measure to prevent domestic industry from damage caused by under-pricing imported products. China's glyphosate products have encountered anti-dumping issues in many regions including Brazil, Argentina, Australia, the US and the EU. Dumping accusation of China's glyphosate products in overseas markets has indicated the products' poor competitiveness and simplistic sale strategy (low-price strategy only) in the international market.

Table of Contents of Glyphsoate China Monthly Report 1307:

Zhejiang Wynca involves in the trouble of "Environmental pollution case"

Anhui Huaxing finishes leadership replacement

Australia terminates the resumed anti-dumping investigation on China's formulated glyphosate

EU revises the maximum residue limits for glyphosate in food

Overview of China's glyphosate industry in H1 2013

RMB appreciation brings negative impact on China's glyphosate industry development in H1 2013

Result of glyphosate use survey for 2012 rice planting in Hunan province

China accomplishes 28 new glyphosate registrations in H1 2013

Glyphosate technical price increases slightly in July 2013

Export volume of glyphosate technical increases 22.76% in May 2013

Glyphosate China Monthly Report, a monthly publication issued by CCM on 20^th, will keep track of latest dynamics, hotspots and competitiveness analysis, and forecasts on market trends of China’s glyphosate industry.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

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Zhejiang Wynca Finally Wins the Long-run Glyphosate Anti-dumping Case

Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca), a leading glyphosate producer in China, announced on 24 July, 2012 that it has finally won the glyphosate anti-dumping case accused by the Council of the European Union (the CEU) since 2000. Thus Zhejiang Wynca becomes the first domestic company to challenge the unfair trade remedy investigation initiated by the CEU and gained two trials' victory, according to CCM International’s latest issue of Crop Protection China News.

The winning of the glyphosate anti-dumping case has greatly cheered up domestic glyphosate production enterprises, especially Zhejiang Wynca. The company now believes that it is worth laying 12 years' effort to cope with the anti-dumping case because the winning has made a good demonstration effect to all of domestic glyphosate producers who may face anti-dumping investigation in the future and it has also helped domestic glyphosate producers set up confidence in exploring market in the EU.

Even so, Zhejiang Wynca has still paid great price on the anti-dumping case because of the long-run lawsuit which has made it almost lose the glyphosate market shares in the EU in the past few years. According to the financial report of Zhejiang Wynca in 2011, although its revenue in overseas market in this period reached USD286.38 million, accounting for nearly 40% of its total revenue, its revenue of glyphosate exported to the EU accounted for a very tiny part of the revenue in overseas market. Now, as the company has won the anti-dumping case, it believed that its market expansion of glyphosate in the EU will be much smoother.

However, the market exploring in the EU may not be as easy as what Zhejiang Wynca believes. It is heard that the CEU is not resigned to give up but still preparing launching trade remedy investigations by itself.

In the past decade, domestic glyphosate has been facing anti-dumping investigations in overseas markets. Owing to the lower cost of the production of domestic glyphosate, the more competitive price of domestic glyphosate compared to those products in some other countries has threatened the local producers. In addition to the EU, Brazil and Australia have ever levied anti-dumping duties on Chinese glyphosate. In a bid to protect domestic glyphosate industry, most countries would set up trade barrier with the name of anti-dumping to charge extra duties on the glyphosate originated from China. It is becoming a usual measure for these countries used to protect local glyphosate industry. Eyeing the intensive competition in overseas markets, this kind of protection measure will be used much more frequently in the future.

Events review

In Feb. 2000, the European Union (the EU) started to levy 48% anti-dumping duty over glyphosate originating from China.

In Feb. 2003, the EU initiated merger investigation towards Chinese glyphosate. Zhejiang Wynca, as the representative of domestic glyphosate industry, responded to the prosecution exclusively.

In Sept. 2004, the EU decided to levy 29.9% of anti-dumping duty over Chinese glyphosate.

In Dec. 2004, Zhejiang Wynca claimed that it appealed against the decision of the EU and decided to prosecute to the decision to the European Court of First Instance.

In May 2009, the EU claimed to suspend levying anti-dumping duty over Chinese glyphosate for a period of nine months.

On 17 June, 2009, the European Court of First Instance made a judgment to cancel levying final anti-dumping duties over the glyphosate from Zhejiang Wynca.

In Aug. 2009, the CEU sued the verdict of the European Court of First Instance to the European High Court of Justice.

On 19 July, 2012, European High Court of Justice made the final judgment that Zhejiang Wynca finally won the lawsuit.

Source: Crop Protection China News 1214

http://www.cnchemicals.com/Newsletter/NewsletterDetail_16.html

Content of Crop Protection China News 1214:

Chlorantraniliprole: still common as recessive composition in China

Zhejiang Wynca finally wins the long-run glyphosate anti-dumping case

Glyphosate: short supply and continuously rising price

Import of pesticides keeps increasing in H1 2012

China's export volume of pesticides to ASEAN increases

Jiangsu Changqing initiates pesticide expansion

New investor helps Anhui Huaxing to relive

Lianhe Technology enjoys good performance in H1 2012

Lier Chemical's performance exceeds forecast in H1 2012

Crop Protection China News, a semimonthly publication issued by CCM International on 15th and 30th(31st) of every month, aims to gain a deep insight into Chinese market, supply the latest market data and strategy support, analyze the newest legislation and policy and grasp the future market trend.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1164.html

Analysis of tomato seed market in Shandong

2012 Alfalfa Construction Project released to boost alfalfa industry

"Shannong 20" operated by Shandong Shengfeng

IPA1 gene applied in rice breeding

Snow lotus GM technique obtains invention patent

Peanut genome sequencing project to boost peanut breeding

Seed China News, a monthly publication issued by CCM International on 30th of every month, offers timely update and close follow-up of China’s seed industry dynamics, analyzes market data and finds out factors influencing market development

About CCM International

CCM International is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM International offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit: http://www.cnchemicals.com.

CCM International Ltd.
Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source : http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_1165.html

Main Internal Expansion Cases of Domestic Pesticide Enterprises in 2011

In the last issue, CCM International has listed eight main M&A cases took place in domestic pesticide industry in 2011. This kind of external expansion is considered to be the most important method for companies' expansion, based on CCM’s latest issue of Crop Protection China News.

In this issue, we will file the main cases of setting up subsidiaries by listed companies in 2011.

There were six listed pesticide companies having set up new subsidiaries in 2011. Most of the subsidiaries are totally owned by these listed pesticide companies.

1. On 31 Jan., 2011, Zhejiang Shenghua Biok Biology Co., Ltd. (Shenghua Biok), one of the leading abamectin manufacturers in China, released to expand its zircon business through setting up a new subsidiary, namely Zhejiang Gaogu Technology Co., Ltd. (Zhejiang Gaogu), aiming to diversify its main business and ease the dissatisfactory performance of pesticide business. The new subsidiary is mainly involved in the business of zircon with registered capital of USD7.6 million.

2. Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca), a leading glyphosate player in China, released to set up two wholly-owned subsidiaries with total investment of about USD10.65 million on 3 March, 2011.

According to Zhejiang Wynca, the two companies were named as Zhejiang Wynca Venture Investment Co., Ltd. (Wynca Venture) with investment of about USD7.61 million and Zhejiang Wynca Import and Export Co., Ltd. (Wynca Import and Export) with investment of about USD3.04 million.

The former one is engaged in equity investment in innovative and high technology industry and the latter one is mainly involved in the import and export business of pesticides and chemicals.

3. On 25 April, 2011, Jiangsu Changqing Agricultural & Chemical Co., Ltd. (Jiangsu Changqing), a leading herbicide player in China, issued a notice of establishing a wholly-owned subsidiary with total investment of USD30.63 million (RMB200 million).

According to the notice, the wholly-owned subsidiary was named as Jiangsu Jinfeng Agricultural Technology Co., Ltd. (Jiangsu Jinfeng), which will be specialized in the production and sales of pesticides and chemicals.

4. Jiangsu Lanfeng Biochemical Co., Ltd. (Jiangsu Lanfeng), a leading producer of carbendazim and thiophanate-methyl (fungicides) headquartered in northern Jiangsu Province, announced on 30 May, 2011 that a wholly-owned subsidiary of it named Ningxia Lanfeng Fine Chemicals Co., Ltd. (Ningxia Lanfeng), with total investment of USD123.46 million, has got registered in Zhongshan City, Ningxia Hui Autonomous Region (Ningxia) on 27 May, 2011.

The construction of Ningxia Lanfeng, located in Meili Industrial Park of Zhongshan, was completed in Nov. 2011, with four projects divided into two stages. The first stage: 10,000t/a 1,2-diaminobenzene project and 5,000t/a 3,4-dichloroaniline project started in late 2011; the second stage: 20,000t/a cyanamide project and supporting public project to be launched in 2012.

5. Lianhe Chemical Technology Co., Ltd. (Lianhe Technology), a leading pesticide intermediate company in China, announced on 12 July, 2011 that it has set up a new pesticide intermediate subsidiary in Jiangsu Province, namely Yancheng Lianhe Chemical Technology Co., Ltd. (Yancheng Lianhe). It is mainly engaged in the production and sales of pesticide intermediates.

Yancheng Lianhe is co-founded by Lianhe Technology and Jiangsu Lianhe Chemical Technology Co., Ltd. (Jiangsu Lianhe), a holding subsidiary of Lianhe Technology, in June 2011 and Lianhe Technology who has invested USD1.56 million in the new subsidiary holds 90% of its equities. The rest 10% equities of the new company is held by Jiangsu Lianhe with investment of about USD172,798.

6. On 10 Oct., 2011, Jiangsu Huifeng Agrochemical Co., Ltd. (Jiangsu Huifeng), a listed pesticide player in China, released to set up a pesticide subsidiary, aiming to expand its business in fluorine industry.

The new company, named as Lianyungang Wuhuan Chemical Co., Ltd. (Wuhuan Chemical), is engaged in the production of fine chemicals such as fluorobenzene and some other fluorine products. The investment in the new company reaches USD3.14 million (RMB20 million), in which Jiangsu Huifeng invested USD2.83 million, accounting for 90% of its total equities. The rest capital was provided by an unrelated individual.

Source: Crop Protection China News 1202

http://www.cnchemicals.com/Newsletter/NewsletterDetail_16.html

Content of Crop Protection China News 1202:

2012 domestic pesticide market to see growth

Main internal expansion cases of domestic pesticide enterprises in 2011

New round of rural reform launched

Production licenses of 9 highly toxic pesticide products called to revoke

China to culture about 50 local large-scale grain enterprises

ABA Chemicals witnesses good performance in 2011

Nantong Jiangshan predicts net profit down 80%-100% in 2011

Acetochlor: short supply continues in Q1 2012

Xinjiang needs policy support for cotton industry

Crop Protection China News, a semimonthly publication issued by CCM International on 15th and 30th(31st) of every month, aims to gain a deep insight into Chinese market, supply the latest market data and strategy support, analyze the newest legislation and policy and grasp the future market trend.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_958.html

Identity of Long-term Contract Workers Bothering Domestic Pesticide Players

China's pesticide industry has witnessed great development in the past few decades and lots of excellent pesticide enterprises emerged in domestic pesticide market, such as Zhejiang Wynca Chemical Industry Group Co., Ltd., Jiangsu Yangnong Chemical Co., Ltd., Hubei Sanonda Co., Ltd. and Nanjing Redsun Co., Ltd. These pesticide enterprises have shown great competitiveness and influence, and become the mainstay in the development process of domestic pesticide industry, based on CCM’s latest issue of Crop Protection China News.

However, as more and more problems appear in domestic pesticide industry, such as overcapacity, over competition, lack of innovation capability and chaotic market management, the survival condition of domestic pesticide enterprises has changed from bad to worse.

As CCM International reported in the last issue, the high-profile list, namely 2011 China Top 100 Pesticide Manufacturers, showed the ranking of 100 domestic pesticide manufacturers and their revenues in 2010. It is till now the most authoritative version of pesticide enterprise rankings in China.

Although it should be excited for companies who are on the list, most of them feel very depressed.

It is very disappointed to see the result of comparing the total revenue of most competitive domestic pesticide manufacturers to one foreign pesticide giant, namely Syngenta. According to the list of 2011 China Top 100 Pesticide Manufacturers, the total revenue of the first 100 pesticide manufacturers reached USD7,803.62 million. However, the pesticide revenue of Syngenta in 2010 reached USD8,900 million with a growth rate of 3% over 2009.

"We are just long-term contract workers of foreign pesticide giants even though we think we are good enough," said Professor Zhang Yibing from Shanghai Pesticide Research Institute. And this point of view has been agreed by most pesticide players in China.

"We provide technical products with high quality to foreign pesticide giants but only gain little OEM (original equipment manufacturer) profit," said an insider from a listed pesticide manufacturer.

Actually, most of the pesticide manufacturers whose names appear on the top of the list have kept good relationships with foreign pesticide giants in recent years. For example, Zhejiang Wynca Chemical Industry Group Co., Ltd., Hubei Sanonda Co., Ltd., Jiangsu Changqing Agricultural Chemical Co., Ltd., etc. are the main pesticide suppliers of Bayer in China; Jiangsu Yangnong Chemical Co., Ltd., Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., Jiangsu Huifeng Agrochemical Co., Ltd., etc. are the main pesticide suppliers of BASF in China.

Although China is considered to be one of the largest pesticide production and consumption countries in the world, its pesticide industry is highly depended on export with an export dependence ratio of over 50%. Its pesticide export volume reached over 1 million tonnes in the past three years. In 2010, domestic pesticide output reached 2.34 million tonnes and the export volume reached 1.22 million tonnes.

Eyeing that the price of raw materials, cost of environmental protection and labor, RMB appreciation, etc. rapidly rose in H1 2011, domestic pesticide manufacturers suffered great pains in running pesticide business this year.

The identity of long-term contract workers being labeled on domestic pesticide manufacturers bothers them seriously now and then. Although they have been considering changing the situation through technology innovation, with Chinese government's high-profile encourage but poor continuous investment in pesticide R&D, the development of pesticide innovation is painfully slow. Thus, aiming to survive in domestic pesticide market and account for more market shares, most domestic pesticide enterprises are more inclined to the production of off-patent pesticides and OEM production for foreign pesticide enterprises. Shaking off the identity of long-term contract workers means a lot to domestic pesticide players. However, without the support from strong policies and more investment in pesticide R&D from Chinese government, there may still be a long way to go.

Source: Crop Protection China News 1121

http://www.cnchemicals.com/Newsletter/NewsletterDetail_16.html

Content of Crop Protection China News 1121:

Anhui Guangxin's IPO rejected

Anhui Huaxing to tide over deficit by aid

Jiangsu Limin tries IPO again

Identity of long-term contract workers bothering domestic pesticide players

Pesticide waste management in China

MOA: designated sales of highly toxic pestisides in key vegetable planting areas

Trade surplus of pesticide import and export surges in Jan. to Aug. 2011

New pesticide-fertilizer appraised by experts

Most of Heilongjiang soybean processing enterprises suspend

Crop Protection China News, a semimonthly publication issued by CCM International on 15th and 30th(31st) of every month, aims to gain a deep insight into Chinese market, supply the latest market data and strategy support, analyze the newest legislation and policy and grasp the future market trend.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_816.html

2011 Top 100 China Pesticide Manufacturers Come Out

“2011 Top 100 List of China Pesticide Manufacturers” has been released by China Crop Protection Industry Association at 11th National Agrochemical Exchange Meeting on Oct. 19^th, 2011.

The top 100 pesticide manufacturers in China are ranked according to the companies' revenue in 2010 from domestic market. Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca), a large listed pesticide company in China mainly engaged in glyphosate and anosilicon business, ranks No.1 with total revenue of USD294.96 million in 2010.

The second place and the third place belong to Jiangsu Yangnong Chemical Co., Ltd. and Zhejiang Jinfanda Biochemical Co., Ltd. with total revenue of USD235.59 million and USD229.13 million in 2010 respectively.

The companies shown in the top 100 list may have great strength, but they still lack competitiveness when facing international pesticide giants. In order to boost the development of domestic pesticide industry, China’s pesticide manufacturers should solve problems of chaotic pesticide market, inefficient pesticide production technology, uncompetitive strength etc.

The above is extracted from CCM’s latest issue of Crop Protection China News. If you are interested in it, please feel free to contact us at econtact@cnchemicals.com.

More news of Crop Protection China News 1120:

-The list of 2011 China Top 100 Pesticide manufacturers is released by China Crop Protection Industry Association on 19 Oct. 2011.

-Eco-friendly Pesticide EC Development Forum held on 24 Sept. 2011 has pointed out the development direction of domestic EC formulation in the future.

-The acquisition between ChemChina and MAI successfully completes on 17 Oct. 2011.

-Zhejiang Wynca reveals that its total revenue in Q3 2011 reaches USD568.98 million, down 3% YoY and the net profit in this period witnesses deficit of USD4.77 million.

-Jiangsu Changqing revealed on 15 Oct. 2011 that its revenue in Q3 2011 rose but net profit dropped.

-Jiangsu Tianrong reveals that it has almost finished relocation and the complete relocation is expected to be finished in Dec. 2011.

-At the 4th China High-Level Forum on Pesticides, the Ministry of Agriculture attaches great importance to the registration and use of pesticides for small crops.

-Jiangsu Province will enhance environmental governance of chemical industrial parks in the next few years.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_805.html

List of 2011 China Top 100 Pesticide Manufacturers Released

On 19 Oct. 2011, the high-profile list, namely 2011 China Top 100 Pesticide Manufacturers, has been released by China Crop Protection Industry Association at the 11th National Agrochemical Exchange Meeting during 19 Oct. to 21 Oct. 2011, based on CCM’s latest issue of Crop Protection China News.

The top 100 pesticide manufacturers in China are ranked according to the companies' revenue in 2010 from domestic market. Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca), a large listed pesticide company in China mainly engaged in glyphosate and anosilicon business, ranks first with its total revenue of USD294.96 million in 2010. The second place and the third place respectively go to Jiangsu Yangnong Chemical Co., Ltd. and Zhejiang Jinfanda Biochemical Co., Ltd. with their revenues of USD235.59 million and USD229.13 million in 2010 respectively.

Among all the listed pesticide manufacturers, there are 82 pesticide technical manufacturers, among which Zhejiang Wynca ranks No. 1. The rest 18 companies are pesticide formulation players, among which Shenzhen Noposion Agrochemical Co., Ltd. (Noposion, the largest pesticide formulation player in China), ranks first with its revenue of USD225.83 million in 2010.

Some listed pesticide companies didn't perform well in 2010. Shandong Huayang Technology Co., Ltd. (now is changed into a mining company after being merged) ranks 80th with its revenue of USD36.22 million in 2010. There are 21 listed pesticide companies appeared on the list of Top 100 Pesticide Manufacturers. However, only ten of them rank as the first twenty manufacturers.

It is calculated that there are ten pesticide manufacturers whose revenue in 2010 surpassed USD157.48 million (RMB1 billion). The total revenue of the top ten pesticide manufacturers adds up to USD2.05 billion, accounting for 26.3% of the total revenue of the top 100 pesticide manufacturers, about USD7.8 billion.

There are 24 pesticide manufacturers who gained revenue between USD78.74 million (RMB500 million) and USD157.48 million (RMB1 billion) with total revenue of USD2.64 billion in 2010, accounting for 33.80% of the total revenue of the top 100 pesticide manufacturers.

The revenue of 66 pesticide manufacturers among the 100 pesticide manufacturers is less than USD78.74 million (RMB500 million) in 2010. Their total revenue adds up to USD3.11 billion, accounting for 39.87% of the total revenue of the top 100 pesticide manufacturers.

As one of the largest pesticide markets and pesticide production countries in the world, China is believed to own great potential in pesticide industry. However, the reasons like chaotic pesticide market, inefficient pesticide production technology, pesticide companies lacking strong competitiveness, etc. all drag down the development of domestic pesticide industry. The companies which are shown as the top 100 pesticide manufacturers in China may own good strength in pesticide business. However, they still lack good competitiveness while facing international pesticide giants. It can be easily seen from the total revenue of the top domestic 100 pesticide manufacturers which did not exceed USD7.87 billion (RMB50 billion) in 2010.

Source: Crop Protection China News 1120

http://www.cnchemicals.com/Newsletter/NewsletterDetail_16.html

(Guangzhou China, November 3, 2011)

Content of Crop Protection China News 1120:

List of 2011 China Top 100 Pesticide Manufacturers released

Development direction of domestic EC formulations set

ChemChina and MAI: takeover completes

Zhejiang Wynca witnesses deficit in Q3 2011

Jiangsu Changqing: net profit downs in Q3 2011

Jiangsu Tianrong relocation to be completed

Government to increase support for registration and use of pesticides for small crops

Jiangsu Province to enhance environmental governance of chemical industrial parks

Research progress on southern rice black streaked dwarf virus

Crop Protection China News, a semimonthly publication issued by CCM International on 15th and 30th(31st) of every month, aims to gain a deep insight into Chinese market, supply the latest market data and strategy support, analyze the newest legislation and policy and grasp the future market trend.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

For more information, please visit http://www.cnchemicals.com.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Market Report of 10 Chinese Agrochemical Manufacturers Comes out

As the release of China Pesticide Industry Policy, the whole pesticide industry is expected to undergo great integration and reformation. Many companies will be restructured, bringing both opportunities and challenges to China’s pesticide market.

Many pesticide producers have strong comprehensive competitiveness in China’s industry and have distinguished competence in specific product /area with each other. CCM picks 10 companies for research. The second edition report of Company Profiles of Ten Chinese Agrochemical Manufacturers newly-released by CCM provides a profound analysis of key players in China’s pesticide industry.

The report focuses on ten pesticide manufacturers from many aspects including company basic information, financial performance, products portfolio, market share, new investment, marketing, sales, commercial activities, export, etc.

Through this report, you can:
-Gain an overview of development status of Chinese pesticide industry throughout the in-depth analysis of 10 key players in China’s pesticide
-Understand the history, supply of main products, macroeconomic of ten companies
-Know the market share of specific products of these key pesticide players
-Learn about product portfolio, market focus and future interests and of China’s 10 key pesticide players
-Obtain distinguished features of the 10 key pesticide manufactures, including their outstanding and core competence, main weakness, future growth points and challenges
-Understand the change in financial performance of the ten companies. For example, Zhejiang Wynca’s sales decreased from 1,061.86 million dollars in 2008 to 558.51 million dollars in 2009;
-Understand R&D level and new products in China. For example, Jiangsu Kwin’s IPP
-Identify the export situation of these companies. For example, Shandong Rainbow has seen 165 million dollars export business in 2010, accounted for 95.35% of its turnover

If you are interested in this report, please feel free to contact us at econtact@cnchemicals.com.

(Guangzhou China, October 13, 2011)

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_757.html