Hubei Taisheng: capacity of glyphosate technical expected to reach 130,000 tonnes in 2015

Summary: Hubei Taisheng will build a new production line for 60,000 t/a glyphosate technical with a total investment of about USD111.14 million. The construction period is 12 months. By the end of next year, this construction will be finished and be put into production. After that, Hubei Taisheng's production capacity of glyphosate technical will reach 130,000 t/a, ranking the first in China and the second in the world, according to Glyphsoate China Monthly Report 1410 on October by CCM.

On 15 Oct., 2014, Hubei Xingfa Chemicals Group Co., Ltd. (Hubei Xingfa) proclaimed that its holding subsidiary, Hubei Taisheng Chemical Co., Ltd. (Hubei Taisheng) will carry out a glyphosate technical production project of 60,000 t/a (phase I) in the Yichang Fine Chemical Industrial Park in Yichang City of Hubei Province. This project serves as the first phase of the expansion project of 100,000 t/a glyphosate technical production by adopting the pathway of glycine. The construction period of the first phase covers 12 months. When Hubei Taisheng finishes its first phase of construction by the end of next year (2015), its production capacity of glyphosate technical will reach 130,000 t/a, ranking the first in China as well as the second in the world.

The first-phase project includes constructing sewage treatment stations, salinity wastewater treatment devices as well as 90,000 t/a phosphorus trichloride, 60,000 t/a dimethyl phosphite, 60,000 t/a glyphosate technical, and 60,000 t/a methyl chloride recycling devices. The total investment of the first phase is USD111.14 million (RMB683.93 million). The main-body project of glyphosate will cost USD77.96 million (RMB479.73 million); the cost of land expropriation is USD16.49 million (RMB101.47 million). The investment of device expansion for the glyphosate salinity wastewater treatment adds up to USD13.43 million (RMB82.65 million). All the funding need to be collected by Hubei Taisheng itself.

The first-phase project is significant to both Hubei Taisheng and Hubei Xingfa, because it will probably bring enormous economic benefits to Hubei Taisheng. After the project is put into production, it is estimated that Hubei Taisheng can make a revenue of USD273.49 million (RMB1.68 billion), a pretax profit of USD44.99 million (RMB276.89 million) and a net profit of USD38.24 million (RMB235.35 million). Through the first-phase project, Hubei Xingfa could further coordinate itself with subsidiaries or joint stock companies in the Yichang Fine Chemical Industrial Park in producing ionic membrane caustic soda, aminoacetic acid, and organic silicon, to create an all-win situation ultimately.

According to the present and the future situation of the glyphosate demand, it is still unknown whether such a powerful capacity of glyphosate production can be fully released. After the first-phase project is put into production, Hubei Taisheng's full production capacity of 130,000 t/a must be influential to the glyphosate market in China. Hubei Xingfa is also concerned about this. It proclaimed, Hubei Taisheng would bear a certain sales pressure due to its large scale of production capacity of glyphosate. Meanwhile, the setting up of glyphosate projects in succession in parts of China might impact the price of glyphosate, leading to Hubei Taisheng's failure to reach its anticipated goal of economic benefits of the expansion project.

The capital needed for the first-phase project is a big challenge for Hubei Taisheng. Nevertheless, according to the profit made in the past plus the supports offered by its parent company Hubie Xingfa, the capital will not be a problem for Hubei Taisheng.

The business of Hubei Taisheng has been moving on smoothly and making profits. Particularly in 2013, Hubei Taisheng made a revenue of USD360.61 million (RMB2.22 billion), and a net profit of USD76.26 million (RMB469.29 million). In the first half of 2014, its revenue was USD189.44 (RMB1.17 billion), and the net profit was USD30.47 million (RMB187.48 million). The business of Hubei Taisheng is predicted, based on the picture of glyphosate industry in the second half of 2014, to remain the same or slightly excess that of 2013.

Hubei Xingfa is always attaching importance to Hubei Taisheng and providing supports to its operation, especially in the loan guarantee. On 16 Oct., 2014, Hubei Xingfa announced that it will provide a joint and several liability guarantee of USD65 million (RMB400 million) for Hubei Taisheng in Xiaoting Branch of Agricultural Bank of China.

One of the advantages of the Hubei Taisheng's expansion project of glyphosate technical is the raw material supply (Refer to Glyphosate China Monthly Report 1404: Advantages of Hubei Xingfa acquiring 51% shares of Hubei Taisheng for detailed information). Therefore, the most advantageous competence of Hubei Taisheng shall be the lower cost.

The establishment and expansion of production capacity of glyphosate technical has always been a popular topic in China. CCM will continue to report the Hubei Taisheng's progress of the glyphosate technical project, and the information on the establishment, reconstruction and expansion of the production capacity of glyphosate technical of other companies.

Table of Content: Glyphsoate China Monthly Report 1410

Zhejiang Wynca's subsidiary to draft national standards for by-product of glyphosate: sodium pyrophosphate

Sichuan Fuhua and Jiangxi Jinlong to draw national standards for by-product of glyphosate: sodium phosphate dibasic dodecahydrate

Monsanto expected to sell anti-glyphosate soybean seed in 2016

Nufarm's glyphosate gains registration on pre-harvest oilseed rape

Raw material shed of Shandong Binnong explodes on 29 Sept., 2014

Statement of Shandong Binnong on 9•29 explosion

Shandong Binnong's revenue in first three quarters of 2014 reaches USD268.12 million

Zhejiang Wynca to provide entrust loans of USD14.62 million to joint-stock company

Hubei Taisheng: capacity of glyphosate technical expected to reach 130,000 tonnes in 2015

Hubei Taisheng to purchase relevant assets of glyphosate salinity wastewater treatment project of Hubei Yuerui

Yichang Jinxin to launch 40,000 t/a glycine expansion project

China's demand for glyphosate TC to stay stable over next two years

Environmental protection capacity to become new core competence of glyphosate manufacturers

Ex-works price of glyphosate technical decreases by 4.27% in Oct. 2014 MoM

Export volume of glyphosate technical decreases by 5.62% in Aug. 2014 MoM

China PMIDA market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China glycine market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China DEA market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China IDAN market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China yellow phosphorus market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China phosphorus trichloride market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China isopropylamine salt market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China paraformaldehyde market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China chloromethane market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China methylal market in first work week of Oct. 2014 (8 Oct.-11 Oct.)

China is currently the largest glyphosate supplier in the world, with low production costs anda good chemical production foundation. The dynamics of China's glyphosate greatly impact the global supply structure. Over 80% of theglyphosate produced in China is exported to more than 20 destinationsworldwide. Despite its large output and capacity, China's glyphosate industry has many shortcomings, includingovercapacity, dispersed production, few overseas registrations, poor environmental protection awareness, lack of governmental supervision, inefficient production technology, etc. Changes in China's glyphosate industry have not only been considerable, but also frequent, puzzling both outsiders and insiders,ignoring where to go next. That's because the influencing factors are many and changing frequently, thus making it highly necessary for timely update and close follow-up of the dynamics in this industry. The Glyphosate China Monthly Report brings you the latest information and in-depth analysis on market trends, supply and procurement opportunities in raw materials and intermediates, technology process, price updates, new policies and company dynamic, etc.

About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With 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

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

This article was provided by CCM, a leading provider of data and business intelligence on China's chemicals market. Contact us:      

-          LinkedIn: http://cn.linkedin.com/pub/kcomber-inc/9a/964/2b2/

-          Facebook: https://www.facebook.com/ccmkate

-          Twitter: https://twitter.com/CCM_Kcomber

Find Hot News in Glyphsoate China Monthly Report 1306

Published on the 20^th every month, Glyphsoate China Monthly Report is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Glyphsoate market dynamics, analyze the market data and trends. Major columns include the latest information and in-depth analysis on market trends, supply and procurement opportunities in raw materials and intermediates, technology process, price updates, new policies and company dynamic, etc.

Following are headline news of the latest issue of Glyphsoate China Monthly Report:

Glyphosate technical price decreases slightly in June 2013

Glyphosate technical price decreases slightly in June 2013.

China's glyphosate companies actively expand overseas business

Given that the overseas market has become more and more important and operating in diversification can make the income diversified, some China's glyphosate companies have actively expanded the overseas glyphosate market and other overseas business. These glyphosate companies include Nantong Jiangshan, Zhejiang Wynca, Sichuan Fuhua, etc.

Hengyang Roymaster's Jinyan Chemical Plant is ordered to rectify for environmental illegality

Hengyang Roymaster's Jinyan Chemical Plant was ordered to shut down and rectify for environmental illegality on 24 May, 2013, and the rectification was ordered to be completed before the end of Nov. 2013, meaning that it will be hard for Hengyang Roymaster to resume its 12,000t/a glyphosate production line before that time.

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

In order to establish key market indicators for China's rice industry, CCM carried out a survey concerning rice planting in Hunan Province's Changde, Yueyang and Hengyang since Dec. 2012, showing that glyphosate is one of the most important herbicides for weeding in these three districts in 2012.

The export volume of glyphosate technical decreases 14.31% in April 2013

The export volume of glyphosate technical decreases 14.31% in April 2013.

Glyphosate ammonium salt is the mainstream registration in May 2013

Among the 19 glyphosate product registrations in May 2013 the registration of glyphosate ammonium salt accounted for about 50% of the total, which implies that glyphosate ammonium salt was still the mainstream registration in May 2013.

Air pollutant emission standard for pesticide industry to be released by the end of 2014

China's Ministry of Environmental Protection claimed in April 2013 that it will release Air Pollutant Emission Standard for Pesticide Industry by the end of 2014, thus the glyphosate manufacturers in China will have a targeted air pollutant emission standard.

Nantong Jiangshan issues short-term financing bond

For the sake of repaying its short-term loan, Nantong Jiangshan issued the first phase of short-term financing bond of 2013 and received the financing bond's total amount of USD57.16 million (RMB350 million) on 22 May,2013.

Anhui Huaxing accomplishes non-public issuing stock plan

Anhui Huaxing claimed that it has completed the deal with CEFC Shanghai that CEFC Shanghai acquired the additional non-public shares issued by Anhui Huaxing with total investment of about USD314.76 million (RMB1,931.02 million), and thus CEFC Shanghai becomes the controlling shareholder of Anhui Huaxing with total shock proportion of 60.78%.

Environmental protection inspection storm to attack glyphosate industry

On 21 May, 2013, China's Ministry of Environmental Protection released a document——Notice Regarding the Environmental Protection Inspection against Glyphosate (PMIDA) Manufacturers, and the inspection will last to 2015, meaning that environmental protection inspection storm will keep attacking glyphosate industry for about 2 years and 6 months.  

About CCM

As a leading market research consulting company in China with more than 10-year-experience, 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.

Contact

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968

Find Hot News in Glyphsoate China Monthly Report 1303

Published on the 20^th every month, Glyphsoate China Monthly Report is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Glyphsoate market dynamics, analyze the market data and trends. Major columns include the latest information and in-depth analysis on market trends, supply and procurement opportunities in raw materials and intermediates, technology process, price updates, new policies and company dynamic, etc.

Following are headline news of the latest issue of Glyphsoate China Monthly Report:

Anhui Huaxing’s operating profit surges in 2012

Anhui Huaxing Chemical Industry Co., Ltd. announced a flash report about its operating performance in 2012, showing that its operating profit was about USD17.01 million (RMB106 million) in 2012, up by 218.39% over 2011.

Nantong Jiangshan's equity proportion of Dongchang Chemical decreases again

Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. released an announcement about the second "Capital and share increase" plan of its affiliated company—Nantong Dongchang Chemical Co., Ltd., showing that Dongchang Chemical had successfully introduced a new investor with an investment of about USD8.87 million, and Nantong Jiangshan was degraded from the second biggest shareholder of Dongchang Chemical to the third biggest shareholder after the deal, with its equity proportion down to 30.078% from 46.640%.

Nufarm loses its exclusive distribution right for Roundup branded glyphosate in Australia and New Zealand

Nufarm Limited released an announcement, claiming that its exclusive distribution right for Roundup branded glyphosate in Australia and New Zealand are to be terminated on 28 Aug., 2013, and Sinochem Group, a Chinese company, will take over the exclusive distribution right of Roundup branded glyphosate in Australia and New Zealand.

The global GM crop planting area reaches 170.3 million hectares in 2012

International Service for the Acquisition of Agribiotech Applications released its updated Global Status of Commercialized Biotech/GM Crops 2012 report, showing that global's planting area of GM crops set the new record of 170.3 million hectares in 2012, and Brazil maintaining the largest growth rate in planting area of GM crops globally in 2012.

China cancels PMIDA's export tax rebate

According to a record from the China's State Administration of Taxation updated on 20 Feb., 2013, PMIDA's 13% export tax rebate rate has been cancelled since 1 Jan., 2013, meaning that China's exported PMIDA will no longer enjoy the rebate, which will increase PMIDA's export cost and further reduce PMIDA's export volume.

The intense competition in China's mainstream glyphosate export producers continues in 2012

After the depressed glyphosate market since 2009, some glyphosate manufacturers withdrawn from market, which increased the industrial concentration of China's glyphosate to a great extent in 2012. In the meantime, export share competition between China's top seven glyphosate manufacturers didn't show the signs of easing, but instead it remain fierce in 2012.

Glyphosate industry research dynamics subsequent to the promulgation of the Decree No. 1558

The promulgation of No. 1558 Decree greatly affected the research dynamic of the glyphosate industry in China, and the number of both glyphosate companies which carry out the research about glyphosate wastewater treatment techniques and the researches about glyphosate wastewater treatment techniques being applied to patent rose.

Lier Chemical successfully registers glyphosate•triclopyr in Feb. 2013

There is only one glyphosate registration in China in Feb. 2013, namely mixed glyphosate formulation—glyphosate·triclopyr SP (registration No. LS20130040), which contains 50% of glyphosate and 10% of triclopyr.

Glyphosate prices rise slightly in March 2013

Glyphosate prices rise slightly in March 2013.

The export volume of glyphosate formulations increases by 30.72% in Jan. 2013

Export volume of glyphosate formulations increases by 30.72% in Jan. 2013. 

About CCM

As a leading market research consulting company in China with more than 10-year-experience, 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.

Contact

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968

Find Hot News in Glyphsoate China Monthly Report 1212

Published on the 20^th every month, Glyphsoate China Monthly Report is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Glyphsoate market dynamics, analyze the market data and trends. Major columns include the latest information and in-depth analysis on market trends, supply and procurement opportunities in raw materials and intermediates, technology process, price updates, new policies and company dynamic, etc.

Following are headline news of the latest issue of Glyphsoate China Monthly Report:

Zhejiang Wynca to acquire 70% equity of Golden Sunshine Mining

Zhejiang Wynca's wholly-owned subsidiary——Wynca Hong Kong is trying to acquire the additional 70% share Golden Sunshine Mining in Ghana at USD6 million, indicating that Zhejiang Wynca is preparing to set foot into mining industry.

Nantong Jiangshan to acquire 90% equity of Ladda Group

Nantong Jiangshan is trying to acquire 90% equity of Ladda Group in Thailand at USD33.6 million, but it will be a very difficult thing because of Nantong Jiangshan's tight fund chain.

Anhui Huaxing divests real estate business

Anhui Huaxing transfers its last 51% equity of Anhui Huaxing Construction Investment and its total creditors' right of about USD8.45 million to Guoneng Business, and Anhui Huaxing will receive about USD21.73 million after the deal.

Chongqing Sanxia sells Sanxia Yingli

Chongqing Sanxia transfers its 100% equity and creditor right of Chongqing Sanxia Yingli to Chongqing Medical Purple Eagle at USD22.47 million, but Sanxia Yingli can't achieve great improvement in glycine business though its controlling shareholder will change after the deal.

Australia resumes anti-dumping investigation on China's formulated glyphosate

Australia Customs and Border Protection Service resumes anti-dumping investigation on China's formulated glyphosate products, which doesn't evoke great market responses in China.

Organophosphate Pesticides Industrial Pollutants Discharge Standard may hard to release in 2013

Organophosphate Pesticides Industrial Pollutants Discharge Standard may be hard to be released in 2013 attributed to its low acceptance and recognition.

Overview of China's public patent application related to glyphosate waste treatment in 2012

As of 12 Dec., 2012, China's State Intellectual Property Office has released 17 public patent applications related to glyphosate wastewater treatment, and half of the 17 applications are about the removal technology of phosphorus and nitrogen in glyphosate wastewater, and the other half is about the recycling technique of by-products in glyphosate wastewater.

Glyphosate price decreases slightly in Dec. 2012

Glyphosate price decreases slightly in Dec. 2012.

Overview of China's glyphosate price in 2012

In 2012, the average prices of glyphosate technical, glyphosate formulations and PMIDA all have achieved great improvement, which are the highest ones since 2010, especially glyphosate technical whose average price in 2012 increases by about 25.21% YoY.

Glyphosate technical price increases by 6.98% MoM in Oct. 2012

Glyphosate technical price increases by 6.98% MoM in Oct. 2012. 

About CCM

As a leading market research consulting company in China with more than 10-year-experience, 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.

Contact

Email: econtact@cnchemicals.com

Tel: 86-20-37616606

Fax: 86-20-37616968

Glycine Route Glyphosate Shows Competitiveness in China

With the increasing overseas orders and growing price in Q1 2012, some glyphosate technical manufacturers adopt glycine route resume expansion program, which has shown the remained competitiveness of glycine route in China, according to CCM International’s May Issue of Glyphsoate China Monthly Report.

It's confirmed by CCM International that two glyphosate technical manufacturers, Sichuan Fuhua Tongda Agro-chemical Technology Co., Ltd. (Sichuan Fuhua) and Hubei Taisheng Chemical Co., Ltd. (Hubei Taisheng), are expanding glyphosate technical production lines with capacity of 50,000t/a respectively (please refers to relative stories in this issue).

 

The running production lines and expansion projects in the two companies all adopt glycine route. After the launch of the two expansion projects by the end of this year or next year, the proportion of glycine route in China will increase to 64.3% from 59.6% currently. And the top three glyphosate manufacturers—Sichuan Fuhua, Hubei Taisheng and Zhejiang Wynca all adopt glycine route then.

 

Both of the two companies claimed that the expansion is on the basis of the original plan and the future prospect. China had undergone a period of crazy glyphosate expansion in 2008, which results in the serious overcapacity and long-term gloomy glyphosate market, and many companies canceled or suspended new glyphosate plan. In late 2011 and Q1 2012, overseas orders increased and glyphosate price rose, and there is profit margin in glyphosate production.

Competitiveness of the three routes are determined by the technology maturity level, manufacturing cost and raw material accessibility. Since all the three routes are mature, competitiveness is mainly determined by comprehensive manufacturing cost.

 

Glycine route, the firstly commercialized and most popular one, has the dominance in the short-term future because of its comprehensive cost advantages resulted from the less sensitivity to petroleum price and recycled by-product monochloromethane.

 

It's a general rule that manufacturers with integrated downstream and upstream industries has cost advantage, and glyphosate technical production adopting glycine route is capable of integrating glyphosate industrial chain because of lower investment and technical thresholds.

 

Both Sichuan Fuhua and Hubei Taisheng have built a comprehensive industrial chain centered in glyphosate production, such as DMP production lines, glycine production lines and monochloromethane recycle.

 

"By utilizing natural resource and taking advantages of raw material supply, coupled with by-product utilization, Sichuan Fuhua could achieve 5-10% profit margin in glyphosate business at present, while many other glyphosate producers are surviving on the edge of profit loss." Mr. He, Sales Manager from Sichuan Fuhua said.

Source: Glyphsoate China Monthly Report 1205

http://www.cnchemicals.com/Newsletter/NewsletterDetail_14.html

Content of Glyphsoate China Monthly Report 1205:

Zhejiang Wynca achieves lowest net profit since its listing in 2001

Sichuan Fuhua to expand 50,000t/a glyphosate capacity by Sept. 2012

Zhejiang Jinfanda to hold 132,000t/a glyphosate capacity by 2013

Three listed glyphosate companies' foreign operating revenue increased in 2011

Glyphosate hard to occupy the market share left by paraquat AS

Glycine route glyphosate shows competitiveness in China

Patent applications show nutrient-containing glyphosate products a new trend

Glyphosate price stays stagnant in May 2012

Glyphosate formulation export sets a new record in March 2012

Analysis of glyphosate export in Q1 2012

Glyphosate China Monthly Report, a monthly publication issued by CCM International on 20^th of every month, 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 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_1076.html

Decreasing Monochloromethane Price Compresses Glyphosate Profit

It's often said by professionals that glyphosate technical production adopting glycine route has the strongest competitiveness among the three routes (glycine, DEA, IDAN) because of its cost advantage, attributed to the recovery of monochloromethane, the by-product. However, the decreasing price of monochloromethane has compressed the profit margin of glyphosate technical adopting glycine route, according to CCM International’s April Issue of Glyphsoate China Monthly Report.

In April 2012, the ex-works price of monochloromethane has descended to USD350/t (RMB2,200/t), down 18.5% over March 2012. Compared with that in Oct. 2011, monochloromethane price in April 2012 decreased by 46.3%. In fact, monochloromethane price has witnessed a sharp decline in the past half year (from Q3 2011 to Q1 2012). The average ex-works price of monochloromethane in the first three quarters of 2011 is over USD800/t (RMB5,000/t).

"The stagnant demand in downstream industry has led to price downturn of monochloromethane in the past half year, and the sale of monochloromethane has become a problematic," a market insider said.

 

The main end use of monochloromethane is organic silicon. Now the low operating rate of organic silicon, resulting from the overcapacity and competition from overseas product, has led to the stagnant monochloromethane demand and then price downtrend.

 

The average recovery rate is about 500kg by-product monochloromethane when producing one tonne of glyphosate technical, and the recovery cost of monochloromethane is about USD80/t (RMB500/t). Thus, the gross profit from monochloromethane recovery and sales is about USD95/t (RMB600/t) from glyphosate technical production in April 2012, compared with more than USD160/t (RMB1,000/t) from that in H1 2011.

While other glyphosate technical manufacturers sell out monochloromethane, Zhejiang Wynca Chemicals Industry Group Co., Ltd. (Zhejiang Wynca) developed combined production technologies of glyphosate and organic silicon, and its monochloromethane is for private use. Coupled with the higher recovery rate, Zhejiang Wynca could gain more value in monochloromethane recovery. Some other glyphosate manufacturers, such as Sichuan Fuhua Tongda Agro-chemical Technology Co., Ltd., Hubei Xingfa Group (its subsidiary Hubei Taisheng Chemical are operating 40,000t/a glyphosate capacity) plans to develop downstream industry of monochloromethane.

Monochloromethane is mainly generated at hydrolysis process of glyphosate synthesis. The recovery process of monochloromethane includes four steps: water scrubbing, alkaline washing, drying and condensation.

Source: Glyphsoate China Monthly Report 1204

http://www.cnchemicals.com/Newsletter/NewsletterDetail_14.html

Content of Glyphsoate China Monthly Report 1204:

Anhui Huaxing saved from ST marking

Nantong Jiangshan:Technology improvement ensures sustainable development

Chaotic market of glyphosate 41% IPA

China bans mixed glyphosate formulation with glyphosate content lower than 30%

Treated mother liquid used to produce 30% glyphosate SL

Decreasing monochloromethane price compresses glyphosate profit

China's glyphosate demand to grow at CAGR of 9.5% in 2012-2016

Mixed formulation containing glyphosate salt and fomesafen salt

Glyphosate price slightly decreases in April 2012

Glyphosate export volume in Feb. 2012 increases by 3.1% MoM

Glyphosate China Monthly Report, a monthly publication issued by CCM International on 20^th of every month, 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 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_1044.html

Is It Possible to Transfer China’s Glyphosate Technical Capacity

Glyphosate is one of the most commonly used herbicides in the market today. As the largest production base of glyphosate, China experienced irrational expansion in 2007 and 2008, but the whole glyphosate industry has been undergoing depressed glyphosate market since late 2008.

Some people remark whether there is an industrial transfer globally, which could help release China's overcapacity and improvement of world's glyphosate price. CCM International has done research on the possibility of glyphosate technical's capacity transfer.

All findings are recorded in the report of Global Commercial Opportunities Derived from Glyphosate Industry. Some results are:

1) It is impossible (or little possibility) to launch new glyphosate technical production line by using original starting material DEA (or glycine, IDAN) in overseas countries in the future 5~10 years. In other words, it's inadvisable to invest such glyphosate technical production lines.

2) It is possible to launch glyphosate production line by using PMIDA as the starting raw material in the future 5~10 years, but the possibility is relatively low.

3) There is low possibility of China's industrial transfer from Southeast China to Western China.

This report also focuses on the following aspects:
  -Analysis of supply and demand of glyphosate technical, 2006-2020;
  -Introduction and comparison of different production routes of glyphosate;
  -Projection of glyphosate supply by route, 2011-2020;
  -Projection of possible transfer of glyphosate production in the world in the future;
  -Introduction of supply & demand and consumption of glycine, IDAN, DEA, ethylene oxide, paraformaldehyde, yellow phosphorus, phosphorus trichloride, dimethyl phosphite, chlor-alkali, and methanol, 2006/2008-2010, 2011-2020;
  -Analysis of upstream opportunities derived from global glyphosate development.

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

(Guangzhou China, October 26, 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_r_779.html