China's seven mainstream glyphosate manufacturers successfully qualified for the 2012 China Top 20 Pesticide Enterprises for the first time. The seven manufacturers have total pesticide revenue of about USD2.53 billion in 2012, accounting for about 39.90% of the top 20 pesticide enterprises' total pesticide revenue.
Seven glyphosate companies make it into the 2012 china top 20 pesticide enterprises(20131023)
1. Seven glyphosate companies make it into the 2012 China Top 20
Pesticide Enterprises
Summary: China's seven mainstream glyphosate manufacturers successfully qualified for the
2012 China Top 20 Pesticide Enterprises for the first time. The seven manufacturers have total
pesticide revenue of about USD2.53 billion in 2012, accounting for about 39.90% of the top 20
pesticide enterprises' total pesticide revenue.
Tags: glyphosate, top 20 pesticide enterprises, revenue, manufacturers
According to the data revealed by CCPIA (China Crop Protection Industry Association) and
cn.agropages.com in Sept. 2013, in light of the total revenue from pesticides in 2012, seven
glyphosate companies were amongst the 2012 China Top 20 Pesticide Enterprises for the first
time.
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
2. 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 issued by CCM in October.
Table of Contents of Glyphsoate China Monthly Report 1310:
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
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Glyphosate China Monthly Report, a monthly publication issued by CCM on 20 , will keep
track of latest dynamics, hotspots and competitiveness analysis, and forecasts on market
trends of Chinaโs glyphosate industry.
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