ReleaseWire

CCM - In May, the profit of insecticide manufacturers in China is further squeezed by the increasing production cost of insecticides and relatively stable market prices of most insecticides. Production cost of various insecticides has kept increasing this year, while most insecticides' market prices remain relatively stable at present, which directly drags down the profitability of domestic insecticide manufacturers.

CCM - After about three months' stock trading suspension for the discussion of reorganization, Shandong Huayang Technology Co., Ltd. (Shandong Huayang), a large pesticide company in Shandong Province, resumed its stock trading on 29 April 2011. With Shandong Huayang changing into mining company, its stock records seven surging limits after the resumption.

CCM - On 8 May 2011, 20 days after State Council releasing the formal "Suggestions for Accelerating Development of Modern Crop Seed Industry" (the Suggestions), State Council held the "Modern Crop Seed Industry Conference" (the Conference) in Changsha City, Hunan Province, aiming to discuss the details of the Suggestions and how to implement the Suggestions. Vice-Premier Hui Liangyu attended the Conference. Insiders from domestic seed industry said this Conference is the highest level conference in domestic seed industry, showing the government's strong determination to enhance the development of seed industry.

CCM - In the 2011 Market & Technology Forum for China Glyphosate Industry held in Leshan City, Sichuan Province during April 21~22, 2011, Cheng Hongshan, market researcher from CCM International Ltd., who represents the third party researcher, addressed a speech titled Risk Assessment Model for Glyphosate Industry and Its Application on Chinese Market (2011) Analysis, which has concluded that Chinese glyphosate industry still faces high risk in 2011, especially in the industry's operating situation.

A report of Fluorine Industry Survey in China issued by CCM in Mar 2011, indicates the booming fluorine market in China from different aspects of supply and demand, drivers and barriers, forecast and opportunities.

A newly-released publication Crop Protection China News by CCM reveals that Nantong Jiangshan is taking active action on the glyphosate anti-dumping investigation initiated by Brazil.

CCM is going to publish a new report named Cellulosic Material Supply in China in August 2011. The survey will reveal how to obtain sufficient cellulosic materials to produce new products in China.

Sydney Beaumont Leeds Ltd (selfadhesivevinyls.com) are pleased to announce the new RiWrap range by Ritrama. Ritrama have brought together a range of products aimed specifically at the growing vehicle wrapping market.

Sugar alcohol industry has been witnessed uptrend in the past decades. Therefore, some producers intend to expand the production capacity of sugar alcohol in the next few years. The output volume of sugar alcohol is increasing steadily in China.

China is one of the largest sugar alcohol producers in the world. Thanks to global economy recovery, export volume of most kinds of sugar alcohols in 2010 is increasing, compared with that in 2009. It is estimated that the overseas demand of sugar alcohols will keep rising in the future.

Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. (Nantong Jiangshan), the second largest glyphosate player in China, announced on 4 June 2011 that it is now positively preparing to respond to the glyphosate anti-dumping investigation initiated by Brazilian Ministry of Development, Industry and Foreign Trade Secretariat on 19 May 2011.

Although domestic production output of sugar alcohol is high, its raw material supply is tight. It is indicated that production cost of sugar alcohol is rising.

Erythritol is one of most popular sugar alcohols in foreign countries nowadays. Thanks to the rising overseas market demand, the output of erythritol has increased greatly year by year.

CCM - Henan Billions Chemicals Co., Ltd. (Henan Billions), China's second largest TiO2 producer, has passed its IPO application in the meeting on May 20, 2011, announced by the Issue Review Committee of China Securities Regulatory Commission (CSRC). Previously, China's first and third largest TiO2 producers, namely Shandong Dongjia and Sichuan Lomon, both failed to pass their IPO applications, separately in 2010 and 2009.

Since the acquisition to Jiangsu Kuaida Agrochemical Co., Ltd. (Jiangsu Kuaida) was finished completely on Jan. 6th 2011, Lier Chemical Co., Ltd. (Lier Chemical) has been enjoying additional income injected by Jiangsu Kuaida. As a result, Lier Chemical witnessed rising performance in Q1 2011.

CCM’s latest newsletter Insecticides China News June 2011 indicates that the profit of insecticide manufacturers in China further squeezed in May 2011.

Difenoconazole, the third largest triazole fungicide in China, has witnessed a rapid development in China in recent years. It still has great development potential both at home and abroad, thanks to its bright market prospect and good control effect on crop diseases.

Against the backdrop of corn price uptrend since the beginning of 2011, Chinese government is setting some policies and regulations to restrain the development of corn deep-processing industry, which is the second largest corn downstream industry in China. Through these regulations, the government tries to reduce the demand for corn in deep-processing industry and to guarantee the smooth running of national corn temporary reserve this year, as well as to stabilize corn price.

CCM - Difenoconazole, an excellent triazole fungicide with high efficiency and broad spectrum, has witnessed a rapid development in China in recent years, reflecting the increasing market demand and production capacity.

As China's bio-pesticide industry has been witnessing fast development in the past decades, bio-fungicide becomes more and more popular in China. With features of low toxicity and quick decomposition, bio-fungicide is considered to be more eco-friendly and promising.

China's bio-pesticide industry has been witnessing fast and sound development in the past decades. Bio-insecticide, bio-fungicide and bio-herbicide are three different types of bio-pesticide. With features of low toxicity and quick decomposition, bio-insecticide is considered as eco-friendly and easy to be used.

CCM - On 16 May 2011, China Securities Regulatory Commission (CSRC) releases that the IPO application of Jiangsu Limin Chemical Co., Ltd. (Jiangsu Limin), a leading fungicide company in China, fails to get approval and CSRC doesn't reveal the detail of the decision.

In May, the profit of insecticide manufacturers in China is further squeezed by the increasing production cost of insecticides and relatively stable market prices of most insecticides. Production cost of various insecticides has kept increasing this year, while most insecticides' market prices remain relatively stable at present, which directly drags down the profitability of domestic insecticide manufacturers.

China's bio-pesticide industry has been witnessing fast and sound development in the past decades. Bio-insecticide, bio-fungicide and bio-herbicide are three different types of bio-pesticide. With features of low toxicity and quick decomposition, bio-insecticide is considered as eco-friendly and easy to be used.

CCM released its latest newsletter Industrial Biotechnology China News in June 2011. In this issue, CCM presents you the update news of policy and regulation about biofuel.