Guangzhou, Guangdong -- (SBWIRE) -- 03/21/2012 -- Shanghai Heben-Eastsun Medicaments Co., Ltd. (Shanghai Heben-Eastsun), one of the leading azoxystrobin producers in China, plans to expand its capacity of azoxystrobin technical to 500t/a from 300t/a this year, which will greatly enhance the company's competitiveness and bring it handsome profit in the near future, according to CCM’s March Issue of Fungicides China News.

Azoxystrobin, the most popular strobilurin fungicide worldwide, has been drawing attention from domestic agrochemical companies, including Shanghai Heben-Eastsun, driven by its bright market prospect both at home and abroad in recent years. It is well known that the sales value of azoxystrobin reached about USD1.0 billion all over the world in 2011, thanks to its high efficiency, broad spectrum and low toxicity.

According to Shanghai Heben-Eastsun, it had started to research and develop azoxystrobin technical as early as 2005. In 2006, the company succeeded in producing and selling this fungicide through unremitting efforts.

Moreover, Shanghai Heben-Eastsun has smoothly obtained the formal registration of azoxystrobin 95% TC from the Institute for the Control of Agrochemicals, Ministry of Agriculture (ICAMA) in May 2010, which makes it become the first domestic company that has registered azoxystrobin technical in China.

It is worth noting that, so far, Shanghai Heben-Eastsun is the only domestic company that has registered azoxystrobin formulation—250g/L SC, which is used to prevent and control cucumber downy mildew with the application dosage of 200~250mg/kg.

Mr. Wang, Product Manager from Shanghai Heben-Eastsun, reveals that most azoxystobin technical produced by the company is exported to overseas countries and regions mainly via foreign trade companies, and the rest is processed into 250g/L SC, which is also mainly for overseas market.

Owing to the good product quality and vigorous promotion, Shanghai Heben-Eastsun's azoxystrobin 95% TC and 250g/L SC have been selling well in recent years. In detail, the company's export volume of azoxystrobin (technical and formulations) has hit about 70 tonnes in 2011, witnessing a significant increase over the previous year, according to CCM International's investigation.

With the increasing demand for azoxystrobin from domestic and overseas market, the consumption of this fungicide will continue to go up in the next few years. As a result, Shanghai Heben-Eastsun hopes to expand its capacity of azoxystrobin technical in order to timely grasp the great opportunity and thus seize more market share in the near future.

Besides azoxystrobin, Shanghai Heben-Eastsun plans to develop other strobilurin fungicides, mainly including pyraclostrobin, picoxystrobin and trifloxystrobin, which are all relatively popular fungicides in global agrochemical market. It is expected that Shanghai Heben-Eastsun will greatly enhance its competitiveness in fungicide business with the capacity expansion of azoxystrobin and variety extension of strobilurin fungicides.

Shanghai Heben-Eastsun, established in 2002, is mainly engaged in the production and sales of chemical pesticides and intermediates. Its major fungicide products include azoxystrobin 95% TC and 250g/L SC, epoxiconazole•thiophanate-methyl 497g/L SC, tebuconazole 96% TC and 50% WDG, etc.

Source: Fungicides China News 1203
http://www.cnchemicals.com/Newsletter/NewsletterDetail.aspx?id=2

Main content of Fungicides China News 1203:
China's fungicide output up 1.3% year on year in 2011
Lanfeng Biochemical: both revenue and net profit increase in 2011
Changqing Agrochemical's net profit slightly grows in 2011
Shanghai Heben-Eastsun to expand azoxystrobin technical production in 2012
Baoling Chemical registers SYP-7017
Sinochem Group to launch three new fungicides into market
Key producers' output of carbendazim technical totalled over 37,000 tonnes in China in 2011
Domestic consumption of dimethomorph significantly grows
Bailly Chemical to launch fluazinam technical in H2 2012
Kuaida Agrochemical to reinforce iprodione's market position
Wheat diseases to seriously occur in China in 2012
Rice diseases' occurrence area to up 6% year on year in China in 2012
Meeting about the prevention and control of SRBSDV in 2012 held
National Food Safety Standard of MRLs for 85 Pesticides in Food issued recently
Ex-factory price of 1,2,4-triazole increases in Q1 2012

Fungicides China News, a monthly publication issued by CCM International on 10th of every month, provides a wealth of exclusive information and analysis, research and development dynamics of domestic competitors, analysis on import and export of key products, cooperative opportunities with domestic and foreign companies, and market information of foreign patent-expired products.

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