Herbicicdes China News 1108

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Sep 06, 2011, 05:28 ET

NEW YORK, Sept. 6, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

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Welcome to Aug. issue of Herbicides China News published by CCM International, a professional consulting company who has been extensively and intently focusing on dynamics of China's herbicide industry.

In this issue, several key words are mentioned so many times, they are "assets reorganization", "extension", "relocation", "price uptrend", and "inflation", etc. These key words reflect that Chinese pesticide industry is walking on an innovative and arduous road.

With agrochemical companies in China undergoing reorganization, the constructions with explicit purpose such as extension of production chain are also being pushed. However, in the meantime, adverse factors like the higher sales of cost resulted from the inflation this year are also weakening agrochemical companies' efforts.

As a result, some companies like Jiangsu Huifeng Agrochemical Co., Ltd and Nanjing Redsun Co., Ltd. have witnessed shrinking earning. While there are some exceptions, Lier Chemical Co., Ltd. and Lianhe Chemical Technology Co., Ltd. won applause in H1 2011.

At any rate, the inflation in China still continues, meaning that enterprises have to shoulder heavier cost pressure. Facing the intense competition, Chinese agrochemical companies are necessary to behave aggressively and sensibly all the time, because the whole industry will still keep the imbalance situation in a short term.

Lier Chemical's growth of net profit in H1 2011 is attributed to the integration of Jiangsu Kuaida's financial reporting, not caused by actual increase in earning.

Lianhe Technology met continuous growth in revenue and net profit in H1 2011.

Nanjing Redsun won final approval for asset reorganization from CSRC.

Vertellus expands pyridine production chain in China.

CAC Group's capacities of asulam and fluorochloridone run smoothly at present after the relocation into CAC Nantong.

Shandong Dacheng relocates a 5,000t/a paraquat capacity and several capacities of insecticides and fungicides as well as chemical materials.

Huayang Technology sold chloroacetic acid business.

Chinese herbicide market was repressed in H1 2011 by several adverse factors such as the long-lasting inflation and abnormal climate in home market, as well as debt crisis in EU and the US.

Poor glyphosate price torments Chinese pursuers.

Diuron price floats on high level this July with tense supply in China.

Now Jiangsu Huifeng's 2,4-D is exported to overseas market primarily.

Jiangsu Repont's 1,000t/a sulfonylurea herbicide project is under civil construction now.

Amide herbicide witnesses supply shortage in July, leading to the uptrend of its price.

Lier Chemical will start glufosinate-ammonium production in H2 2011.

Trifluralin meets price uptrend in July.

Lier Chemical witnessed growing net profit in H1 2011

Lianhe Technology achieves planned growth in H1 2011

Nanjing Redsun wins approval for asset reorganization

Vertellus expands pyridine chain in China

CAC Group relocates capacities of asulam and fluorochloridone