Top Chinese Pesticide Manufacturers
14 December 2012 The Crop Protection Industry Association of China (CCPIA) released is 2012 China Top 100 Pesticide Manufacturers report at its 12th National Agrochemical Exchange Oct. 18-21, 2012. AgroChemEx is held each fall in Shanghai. It was previously held in Nanjing.
Zhejiang Wynca continues to be the largest China-based producer with $339 million in revenues in 2011. Jiangsu Yangnong and Hubei Sanonda are ranked second and third, respectively.
Collective revenue of top 100 companies reached $9.81 billion in 2011, a 23.6% increase compared to 2010. The increase is attributed to a recovery of the domestic market and an uptick in exports.
Some indicators that the domestic markets is improving:
– 122 Pesticide Retail Business Licenses were approved and issued in Hainan Province
– China recently allocated almost $660 million for rural land reclamation in an effort to bring more land under cultivation.
– SinoChem establishes a subsidiary in Shanghai to take over management of its pesticide business.
– Zhengzhou Dahe and Wfoe Safe agree have reached an agreement to merge.
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