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Follow on Google News | Seven glyphosate companies make it into the 2012 China Top 20 Pesticide EnterprisesChina's seven mainstream glyphosate manufacturers successfully qualified for the 2012 China Top 20 Pesticide Enterprises for the first time.
By: CCM Information Science & Technology Co., Ltd. The total revenue of these seven glyphosate companies from their pesticide businesses was about USD2.53 billion (RMB15.49 billion) in 2012, up by 55.14% from 2011. These seven companies' total pesticides revenue accounted for about 39.90% of the total pesticides revenue of the top 20 pesticide enterprises, which is 2.14 percentage points lower than 2011. These seven glyphosate companies are: -Zhejiang Wynca Chemical Industry Group Co., Ltd. (Zhejiang Wynca) -Sichuan Fuhua Tongda Agrochemical Technology Co., Ltd. (Sichuan Fuhua) -Shandong Weifang Rainbow Chemical Co., Ltd. (Shandong Weifang Rainbow) -Zhejiang Jinfanda Bio-Chemical Co., Ltd. (Zhejiang Jinfanda) -Jiangsu Yangnong Chemical Co., Ltd. (Jiangsu Yangnong) -Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. (Nantong Jiangshan) -Jiangsu Good Harvest-Weien Agrochemical Co., Ltd. (Jiangsu Good Harvest-Weien) Surprisingly, six glyphosate companies (Zhejiang Wynca, Sichuan Fuhua, Shandong Weifang Rainbow, Zhejiang Jinfanda, Jiangsu Yangnong and Nantong Jiangshan) all ranked the top 10 for the first time in the 2012 China Top 20 Pesticide Enterprises. Notably, Zhejiang Wynca ranked second for the first time since 2009. Huapont-Nutrichem Co., Ltd., a major pesticides and pharmaceutical company located in Chongqing City, ranked first. High prices and profitability of their glyphosate related products (including glyphosate technical, glyphosate formulations and PMIDA) were the most important factors for the strong financial performances of the seven companies that qualified for the 2012 China Top 20 Pesticide Enterprises for the first time. In 2012, as the supply and demand in the worldwide glyphosate industry improved, the glyphosate market turned prosperous again. In this period, the ex-works prices and profitability of glyphosate related products all achieved their highest level since 2009. As for China's mainstream glyphosate manufacturers, with their total glyphosate capacity accounting for about 60% of China's total, these seven companies seized the opportunities created by the upturn in 2012 and made significant achievements in their glyphosate businesses. Source: Glyphosate China Monthly Report (http://www.cnchemicals.com/ Table of Contents of Glyphsoate China Monthly Report 1310 (http://www.cnchemicals.com/ Anhui Huaxing lodges for arbitration about Atanor's arrear Overseas mining business to boost Zhejiang Wynca's 2014 performance Nantong Jiangshan becomes first clean production demonstration enterprise in organic phosphorus industry Overview of China's glyphosate industry in Q3 2013 Seven glyphosate companies make it into the 2012 China Top 20 Pesticide Enterprises Ten glyphosate registrations in Sept. 2013 Glyphosate technical price decreases moderately in Oct. 2013 Export volume of glyphosate technical decreases slightly in Aug. 2013 MoM Glyphosate China Monthly Report, a monthly publication issued by CCM on 20th, 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 inChina, 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. 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 End
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