Guangzhou, Guangdong -- (SBWire) -- 07/21/2011 --Shenghua Biok was criticized and forced to stop production due to environmental protection problem in June 2011, according to the latest issue of Herbicides China News released by CCM.
Shenghua Biok, founded in 1993, is one of the leading manufacturers and exporters specialized in bio-agrochemicals, medicaments for animal nutrition and health in China. Two plants were forced to suspend production by local government censorate for the sake of disqualification in environmental protection.
It can be observed that Chinese government and the public have paid more attention to environmental protection nowadays. Aiming to develop low-carbon economy in China, Chinese government has taken a series of effective actions to reduce pollution and energy consumption. In pesticide industry, some regulations on restricting pesticide registration, heightening industrial threshold, relocation into chemical parks, and abolishment of some pesticide rebates, etc. have already taken effect on balancing the production and integrating the industry.
In terms of Chinese pesticide companies, such as Shenghua Biok, even though the regulations will affect their production and sales to some degree, they will develop towards a health direction in the future after the revolution in pesticide industry. Take pesticide companies' relocation for example, centralized productions in chemical parks could not only meet environmental emission standard but also enjoy convenient transportation and transaction between cooperators in chemical parks.
Therefore, investors should consider environmental protection as the top issue if they want to invest pesticide companies in China.
More news about the industrial trend, company dynamics, market price, and future forecast are unveiled in the latest issue of Herbicides China News.
The following highlights are covered in the latest issue of Herbicides China News:
-In June, Shenghua Biok was criticized and forced to stop production due to environmental protection problem.
-Noposion issued short-term financial bond on June 1st 2011.
-Jiangsu Tenglong undergoes smooth construction of a new plant in Inner Mongolia.
-Huapont's acquisition to Nutrichem gained CSRC's conditional approval.
-Jiangsu Huifeng plans to invest total USD10.6 million in Yancheng Bvco and Yancheng Confident.
-Chlorimuron-ethyl production in China witnesses weak situation at present.
-Jiangsu Huifeng runs 2,4-D production intensely, while Good-Harvest-Weien and Hubei -Sanonda still undergo the construction or preparation of 2,4-D capacities.
-Chinese nicosulfuron export reached 183 tonnes in quantity of nicosulfuron 100% AI with 95% technical export price of about USD44,000/t in the first four months of 2011.
-Jiangsu Changqing launched new 1,200t/a technical fomesafen plant on the base of original 1,200t/a technical capacity.
-Weifang Lvganlan started to supply pyridine to a few clients.
-Good Harvest-Weien's glufosinate-ammonium production is under preparation.
-Jiangsu Jialong undergoes the whole relocation so that none of diuron is on sale now.
-ShandongCynda's bentazone technical is not on sale at present.
-Paraquat technical price kept stable in the first half of 2011.
-Chinese herbicide price kept stale on the whole in July 2011.
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Environmental Protection Becomes Top Issue in China’s Pesticide Industry