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Crop Protection China News 1209


News provided by

Reportlinker

Jun 13, 2012, 01:06 ET

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NEW YORK, June 13, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Crop Protection China News 1209
http://www.reportlinker.com/p0885263/Crop-Protection-China-News-1209.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Pesticide 

The ban schedule of paraquat aqueous in China has finally been released after more than eight months' speculation when the Ministry of Agriculture of China issued Announcement No. 1745 on 24 April, 2012. Some restrictive measures have been planned to be carried out on the production and sales of paraquat in the coming years, aiming to ensure the safety of production and use of paraquat in China.

Of course, the policy will cause severe impact on domestic paraquat players, but most of them are medium and small-sized ones. Paraquat business of those large producers are believed to be affected lightly and those with a large volume of paraquat products exported to other countries every year will still gain profit.

However, the policy will bring lots of troubles to peasants either. So far, no good substitute for paraquat AS has been found. When the all-out ban on the sales and use of paraquat aqueous products in China initiates after 1 July, 2016, peasants in China may have to accept higher-priced herbicides which will push up the planting costs.

China releases an announcement on 24 April, 2012 to further restrict paraquat.

China releases a policy on 26 April, 2012, aiming to support the development of small-sized enterprises.

Hubei Sanonda's reorganization plan is finally released on 9 May, 2012.

Huapont announces that it plans to acquire 49% equities of Wanquan Hongyu to become the second largest shareholder of the company.

Zhejiang Wynca announces on 28 April, 2012 that its Q1 performance in 2012 suffers a large deficit, about USD5.55 million and down 225.65% over the same period of 2011.

CCPIA officially founds the CCPIA International Trade Committee on 13 April, 2012 in Hangzhou City.

Pesticide formulation industry in China needs to make transformation. Formulations which are environmental-friendly such as formulation water-based or granulation are the direction of research and development in the future.

China will vigorously develop urban modern agriculture to dramatically increase cities' ability to supply main agricultural products.

Hunan plans to build Hunan Chemical Pesticide Industry Base into the largest professional pesticide technical production base in Hunan Province in the late 12th Five-Year.

China to further restrict paraquat
China to support development of small-sized enterprises
Hubei Sanonda's reorganization plan released
Huapont to acquire 49% equities of Wanquan Hongyu
Zhejiang Wynca sees deficit in Q1 2012
CCPIA International Trade Committee founded
Pesticide formulation industry needs to make transformation
China to vigorously develop urban modern agriculture
Hunan runs pesticide industry base bigger and stronger

Companies Mentioned

Hubei Sanonda Co., Ltd., China National Chemical Corporation, Chongqing Huapont Pharm Co., Ltd., Zhejiang Wynca Chemical Industry Group Co., Ltd.

To order this report:: Crop Protection China News 1209

Nicolas Bombourg
Reportlinker
Email: [email protected]
US: (805)652-2626
Intl: +1 805-652-2626

SOURCE Reportlinker

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