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Released on 21/12/12
South Korea's Taekwang Petrochemical will shut its 290,000 tonne/year acrylonitrile (ACN) plant in Ulsan in February for three weeks for maintenance, a company source said on Friday.
“We will shut from 20 February for three weeks’ maintenance, and have no spot cargoes as we will be building up our inventories to prepare for the shutdown,” the source said.
Meanwhile, the company will continue to run its plant at a reduced rate of 80% of capacity until its turnaround in February because of negative margins, the source added.
The company has been running its ACN plant at a reduced rate of 80% since early November.
Asia ACN prices averaged $1,750/tonne (€1,330/tonne) CFR (cost and freight) northeast (NE) Asia in the week ended 14 December, according to ICIS.
ACN spot prices have been declining since September because of abundant supply and weak demand.
Spot prices have fallen by about 10% since 14 September when prices averaged $1,920/tonne CFR NE Asia, according to ICIS data.
Source ICIS News
South Korea's Taekwang Petrochemical will shut its 290,000 tonne/year acrylonitrile (ACN) plant in Ulsan in February for three weeks for maintenance, a company source said on Friday.
“We will shut from 20 February for three weeks’ maintenance, and have no spot cargoes as we will be building up our inventories to prepare for the shutdown,” the source said.
Meanwhile, the company will continue to run its plant at a reduced rate of 80% of capacity until its turnaround in February because of negative margins, the source added.
The company has been running its ACN plant at a reduced rate of 80% since early November.
Asia ACN prices averaged $1,750/tonne (€1,330/tonne) CFR (cost and freight) northeast (NE) Asia in the week ended 14 December, according to ICIS.
ACN spot prices have been declining since September because of abundant supply and weak demand.
Spot prices have fallen by about 10% since 14 September when prices averaged $1,920/tonne CFR NE Asia, according to ICIS data.
Source ICIS News
Released on 21/12/12
Germany's specialty chemicals maker LANXESS said on Friday it has opened an office in Chengdu in an apparent move to strengthen its marketing position in the western region of China.
“Chengdu, as one of the most important economic and transportation centres in western China, provides a good gateway to the vast western market,” said Martin Kraemer, CEO of LANXESS Greater China.
The western region is becoming a new engine for China’s economic growth with double-digit expansion in the past few years. And the growth is expected to remain high in the next decade.
Western China is expected to be the new growth momentum for the auto industry as well and major auto makers and auto parts companies have already moved to invest in the region to build plants, industry sources said.
Chengdu is targeting production capability of 1m cars by 2015 and 1.25m cars by 2020.
LANXESS serves a wide range of industries such as tires, auto components, construction, plastics and water treatment.
Source ICIS News
Germany's specialty chemicals maker LANXESS said on Friday it has opened an office in Chengdu in an apparent move to strengthen its marketing position in the western region of China.
“Chengdu, as one of the most important economic and transportation centres in western China, provides a good gateway to the vast western market,” said Martin Kraemer, CEO of LANXESS Greater China.
The western region is becoming a new engine for China’s economic growth with double-digit expansion in the past few years. And the growth is expected to remain high in the next decade.
Western China is expected to be the new growth momentum for the auto industry as well and major auto makers and auto parts companies have already moved to invest in the region to build plants, industry sources said.
Chengdu is targeting production capability of 1m cars by 2015 and 1.25m cars by 2020.
LANXESS serves a wide range of industries such as tires, auto components, construction, plastics and water treatment.
Source ICIS News
Released on 21/12/12
Uniplas Petrochemicals Limited of the United Arab Emirates (UAE) may be forced to consider China for its $1bn (€760m) petrochemical investments if India delays giving it land in its eastern Orissa province, an Indian government official said on Friday.
The provincial government of Orissa is finding it difficult to offer 400 acres of “contiguous” land in the port town of Paradip to Uniplas, an official in India’s Department of Chemicals and Petrochemicals told ICIS.
“The Department had initially suggested the Petroleum, Chemicals, Petrochemicals Investment Region (PCPIR) coming up in port town of Paradip in Orissa as a site for the Uniplas project,” the official explained.
“But the provincial government was facing problems in providing contiguous 400 acres of land,” the official added.
“Uniplas, which had proposed the single largest foreign direct investment (FDI) in petrochemicals in India, has indicated its alternative preference for the PCPIR at Dahej in western Indian province of Gujarat or the company would explore opportunities in China,” the official said.
However, the response from the provincial government was not favourable since the latter was facing problems in land availability and at the same time Uniplas investments plans were time-bound as the company had conveyed that it would look at relocating the proposed project to China in case of delays in India, the official said.
Elaborating on the issue of land availability for large projects, the official cited the example of Posco, Korea which was facing a 12-year delay in acquiring 4000 acres for its proposed $12bn investment in constructing a steel plant also at Paradip in Orissa.
As per investment plans submitted to the Indian government, Uniplas proposes to build petrochemical plants for production of ethylene, caustic soda, chlorine, poly vinyl chloride (PVC) and its compounds and fund the entire $1bn for the project through FDI, making it the largest foreign investment in the petrochemical sector.
The Paradip PCPIR was under construction with Indian Oil Corporation (IOC) as the anchor investor, which was putting up a $6bn grass root refinery of 15 million tonne/year capacity.
IOC had also planned a petrochemical plant linked to the refinery entailing an additional investment of $5bn but a final decision on this project was subject to roping in a foreign technical and financial collaborator, the official said.
Source ICIS News
Uniplas Petrochemicals Limited of the United Arab Emirates (UAE) may be forced to consider China for its $1bn (€760m) petrochemical investments if India delays giving it land in its eastern Orissa province, an Indian government official said on Friday.
The provincial government of Orissa is finding it difficult to offer 400 acres of “contiguous” land in the port town of Paradip to Uniplas, an official in India’s Department of Chemicals and Petrochemicals told ICIS.
“The Department had initially suggested the Petroleum, Chemicals, Petrochemicals Investment Region (PCPIR) coming up in port town of Paradip in Orissa as a site for the Uniplas project,” the official explained.
“But the provincial government was facing problems in providing contiguous 400 acres of land,” the official added.
“Uniplas, which had proposed the single largest foreign direct investment (FDI) in petrochemicals in India, has indicated its alternative preference for the PCPIR at Dahej in western Indian province of Gujarat or the company would explore opportunities in China,” the official said.
However, the response from the provincial government was not favourable since the latter was facing problems in land availability and at the same time Uniplas investments plans were time-bound as the company had conveyed that it would look at relocating the proposed project to China in case of delays in India, the official said.
Elaborating on the issue of land availability for large projects, the official cited the example of Posco, Korea which was facing a 12-year delay in acquiring 4000 acres for its proposed $12bn investment in constructing a steel plant also at Paradip in Orissa.
As per investment plans submitted to the Indian government, Uniplas proposes to build petrochemical plants for production of ethylene, caustic soda, chlorine, poly vinyl chloride (PVC) and its compounds and fund the entire $1bn for the project through FDI, making it the largest foreign investment in the petrochemical sector.
The Paradip PCPIR was under construction with Indian Oil Corporation (IOC) as the anchor investor, which was putting up a $6bn grass root refinery of 15 million tonne/year capacity.
IOC had also planned a petrochemical plant linked to the refinery entailing an additional investment of $5bn but a final decision on this project was subject to roping in a foreign technical and financial collaborator, the official said.
Source ICIS News
>>>>> Agroquimicos Genericos – Galleros
emulsifiable concentrate
The product contains dimethenamid-P at 200g/l and metazachlor at 200g/l and is authorized for use as a herbicide
oilseed rape (winter)
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2021
>>>>> Agroquimicos Genericos – Conlara
emulsifiable concentrate
The product contains tepraloxydim at 50g/l and is authorized for use as a herbicide
bulb onion, carrot, cauliflower, combining pea, field bean, fodder beet, green cover on land not being used for crop production, leek, linseed, oilseed rape (winter), sugar beet, vining pea
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 May 2015
>>>>> Nufarm UK Ltd – Buckler
suspension concentrate
The product contains chlorotoluron at 600g/l and diflufenican at 25g/l and is authorized for useas a herbicide
barley (winter), wheat (winter)
The product is not approved for aquatic or aerial use
authorisation expiry date is 30 Jun 2014
>>>>> Belchim Crop Protection – Quit
soluble concentrate
The product contains diquat at 200g/l and is authorized for use as a herbicide
all edible crops, all non edible crops, barley (for animal feed), combining pea (harvested dry), field bean, field bean (for animal feed), linseed, oats (for animal feed), oilseed rape, potato, red clover (seed crop), white clover (seed crop)
The product is not approved for aquatic or aerial use
authorisation expiry date is 30 Jun 2018
>>>>> Pan Agriculture Ltd – Chimpanzee
emulsion, oil in water
The product contains zetacypermethrin at 100g/l and is authorized for use as an insecticide
barley, combining pea, field bean, linseed, oats, oilseed rape, potato, sugar beet, vining pea, wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2021
>>>>> United Phosphorus Ltd – Manzate 75 WG
water dispersible granule
The product contains mancozeb at 750g/kg and is authorized for use as a fungicide
apple (outdoor), bulb onion (outdoor), potato (outdoor), wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2014
>>>>> Dow AgroSciences – Lontrel 72SG
water soluble granule
The product contains clopyralid at 720g/kg and is authorized for use as a herbicide
barley, broccoli/calabrese, brussels sprout, cabbage, cauliflower, fodder beet, forage maize, grassland, linseed, mangel, oats, oilseed rape, ornamental plant production, red beet, sugar beet, swede, turnip, wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 5 Dec 2016
>>>>> Rotam Agrochemical Europe – Ulysses
suspension concentrate
The product contains tebuconazole at 430g/l and is authorized for use as a fungicide
barley, cabbage, carrot, field bean, horseradish, leek, linseed, oats, oilseed rape, parsnip, rye, swede, triticale, turnip, wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2021
Source http://www.pesticides.gov.uk
emulsifiable concentrate
The product contains dimethenamid-P at 200g/l and metazachlor at 200g/l and is authorized for use as a herbicide
oilseed rape (winter)
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2021
>>>>> Agroquimicos Genericos – Conlara
emulsifiable concentrate
The product contains tepraloxydim at 50g/l and is authorized for use as a herbicide
bulb onion, carrot, cauliflower, combining pea, field bean, fodder beet, green cover on land not being used for crop production, leek, linseed, oilseed rape (winter), sugar beet, vining pea
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 May 2015
>>>>> Nufarm UK Ltd – Buckler
suspension concentrate
The product contains chlorotoluron at 600g/l and diflufenican at 25g/l and is authorized for useas a herbicide
barley (winter), wheat (winter)
The product is not approved for aquatic or aerial use
authorisation expiry date is 30 Jun 2014
>>>>> Belchim Crop Protection – Quit
soluble concentrate
The product contains diquat at 200g/l and is authorized for use as a herbicide
all edible crops, all non edible crops, barley (for animal feed), combining pea (harvested dry), field bean, field bean (for animal feed), linseed, oats (for animal feed), oilseed rape, potato, red clover (seed crop), white clover (seed crop)
The product is not approved for aquatic or aerial use
authorisation expiry date is 30 Jun 2018
>>>>> Pan Agriculture Ltd – Chimpanzee
emulsion, oil in water
The product contains zetacypermethrin at 100g/l and is authorized for use as an insecticide
barley, combining pea, field bean, linseed, oats, oilseed rape, potato, sugar beet, vining pea, wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2021
>>>>> United Phosphorus Ltd – Manzate 75 WG
water dispersible granule
The product contains mancozeb at 750g/kg and is authorized for use as a fungicide
apple (outdoor), bulb onion (outdoor), potato (outdoor), wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2014
>>>>> Dow AgroSciences – Lontrel 72SG
water soluble granule
The product contains clopyralid at 720g/kg and is authorized for use as a herbicide
barley, broccoli/calabrese, brussels sprout, cabbage, cauliflower, fodder beet, forage maize, grassland, linseed, mangel, oats, oilseed rape, ornamental plant production, red beet, sugar beet, swede, turnip, wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 5 Dec 2016
>>>>> Rotam Agrochemical Europe – Ulysses
suspension concentrate
The product contains tebuconazole at 430g/l and is authorized for use as a fungicide
barley, cabbage, carrot, field bean, horseradish, leek, linseed, oats, oilseed rape, parsnip, rye, swede, triticale, turnip, wheat
The product is not approved for aquatic or aerial use
authorisation expiry date is 31 Dec 2021
Source http://www.pesticides.gov.uk
Released on 20/12/12
Investment firms First Reserve and SK Capital Partners have completed their acquisition of TPC Group, the US-based butadiene (BD) producer said on Thursday.
The completion of the deal follows its approval by TPC shareholders earlier this month.
TPC Group shareholders received $45/share. The initial offer from August by SK Capital and First Reserve was $40/share, which was worth about $850m (€638m).
Chemical firm Innospec had also offered to acquire TPC but later withdrew its proposal.
Source ICIS News
Investment firms First Reserve and SK Capital Partners have completed their acquisition of TPC Group, the US-based butadiene (BD) producer said on Thursday.
The completion of the deal follows its approval by TPC shareholders earlier this month.
TPC Group shareholders received $45/share. The initial offer from August by SK Capital and First Reserve was $40/share, which was worth about $850m (€638m).
Chemical firm Innospec had also offered to acquire TPC but later withdrew its proposal.
Source ICIS News
Released on 18/12/12
Sinopec Qilu Petrochemical Company and Wanda Group signed cooperation agreement on a 260,000t/a acrylonitrile project in Dongying, Shandong Province. The planned project will require an investment of RMB3.9bn is designed to produce more than 500,000t of acrylonitrile, acetonitrile, and acetone cyanohydrins per year.
Source CCIN
Sinopec Qilu Petrochemical Company and Wanda Group signed cooperation agreement on a 260,000t/a acrylonitrile project in Dongying, Shandong Province. The planned project will require an investment of RMB3.9bn is designed to produce more than 500,000t of acrylonitrile, acetonitrile, and acetone cyanohydrins per year.
Source CCIN
Released on 20/12/12
China Petrochemical Corp, also Known as Sinopec Group, signed an jointly investment contract with Dalian Wanda Group Corp Ltd in Dongying City, Shandong Province.
Sinopec Group's Shandong unit together with Wanda Group will build an acrylonitrile project for RMB 3.9 billion. The project will have the capacity to produce 260,000 tons of acrylonitrile per year.
Source China Business Newswire
China Petrochemical Corp, also Known as Sinopec Group, signed an jointly investment contract with Dalian Wanda Group Corp Ltd in Dongying City, Shandong Province.
Sinopec Group's Shandong unit together with Wanda Group will build an acrylonitrile project for RMB 3.9 billion. The project will have the capacity to produce 260,000 tons of acrylonitrile per year.
Source China Business Newswire
Released on 10/12/12
BASF-YPC Co plans to close its acrylic acid (AA) and acrylate esters plant in Nanjing, China in Jan 2013 for a three-week turnaround. The firm runs a 160,000 tonne/y crude AA plant, a 60,000 tonne/y glacial AA plant, a 55,000 tonne/y methyl methacrylate/ethyl acrylate swing plant, and a 100,000 tonne/y butyl acrylate plant in Nanjing.
Source ICIS News
BASF-YPC Co plans to close its acrylic acid (AA) and acrylate esters plant in Nanjing, China in Jan 2013 for a three-week turnaround. The firm runs a 160,000 tonne/y crude AA plant, a 60,000 tonne/y glacial AA plant, a 55,000 tonne/y methyl methacrylate/ethyl acrylate swing plant, and a 100,000 tonne/y butyl acrylate plant in Nanjing.
Source ICIS News
Released on 19/12/12
Nippon Shokubai’s is waiting for an approval from the Japanese government to restart its acrylic acid and super absorbent polymer (SAP) facilities in Himeji, which were shut down by end September following an explosion, a company spokesman said on Wednesday.
The units ordered shut by the government at the time included its 460,000 tonne/year acrylic acid and 320,000 tonne/year unit for SAP.
“There is still no expected restart date for Nippon Shokubai’s acrylic acid and acrylate esters plants at the Himeji site,” the company’s spokesperson said.
“We are still awaiting approval from the Japanese government,” he told ICIS.
Earlier in December, several restrictions at the company’s plants at the facility were lifted, according to a separate statement by the company.
A total of 45 facilities that include production facilities, common facilities, warehouses and tanks at the site were given the green light from the authority, as public safety at the site was confirmed, it said.
The automobile catalysts and catalysts for catalytic wet oxidation wastewater treatment units are in operation, the company said.
In addition, the acrylic resins for paints and adhesives produced by its subsidiary Nippon Polymer Industries is in operation, with the facility located beside the Himeji site, the company added.
Source ICIS News
RELATED STORIES
Nippon Shokubai announces NA Industries Inc, a US subsidiary, re-started superabsorbent polymer production at its old plant.
Nippon Shokubai’s is waiting for an approval from the Japanese government to restart its acrylic acid and super absorbent polymer (SAP) facilities in Himeji, which were shut down by end September following an explosion, a company spokesman said on Wednesday.
The units ordered shut by the government at the time included its 460,000 tonne/year acrylic acid and 320,000 tonne/year unit for SAP.
“There is still no expected restart date for Nippon Shokubai’s acrylic acid and acrylate esters plants at the Himeji site,” the company’s spokesperson said.
“We are still awaiting approval from the Japanese government,” he told ICIS.
Earlier in December, several restrictions at the company’s plants at the facility were lifted, according to a separate statement by the company.
A total of 45 facilities that include production facilities, common facilities, warehouses and tanks at the site were given the green light from the authority, as public safety at the site was confirmed, it said.
The automobile catalysts and catalysts for catalytic wet oxidation wastewater treatment units are in operation, the company said.
In addition, the acrylic resins for paints and adhesives produced by its subsidiary Nippon Polymer Industries is in operation, with the facility located beside the Himeji site, the company added.
Source ICIS News
RELATED STORIES
Nippon Shokubai announces NA Industries Inc, a US subsidiary, re-started superabsorbent polymer production at its old plant.
Released on 19/12/12
UK oil and gas giant BP has completed an agreement to supply raw materials to a UK vinyl acetate monomer (VAM) facility run by INEOS, the Switzerland-headquartered chemicals major said on Wednesday.
The agreement concerns a 300,000 tonne/year VAM plant at INEOS and BP’s joint operations in the Saltend Chemicals Park, Hull, the UK, and includes the supply of acetic acid and services, according to INEOS.
INEOS acquired the plant from BP in 2008, and uses ethylene which it gets by pipeline from its steam crackers in Grangemouth, Scotland, and acetic acid sourced from BP’s plants based at the Saltend site.
VAM produced at the plant is supplied mainly to UK manufacturing firms and the European merchant market, INEOS added.
Source ICIS News
UK oil and gas giant BP has completed an agreement to supply raw materials to a UK vinyl acetate monomer (VAM) facility run by INEOS, the Switzerland-headquartered chemicals major said on Wednesday.
The agreement concerns a 300,000 tonne/year VAM plant at INEOS and BP’s joint operations in the Saltend Chemicals Park, Hull, the UK, and includes the supply of acetic acid and services, according to INEOS.
INEOS acquired the plant from BP in 2008, and uses ethylene which it gets by pipeline from its steam crackers in Grangemouth, Scotland, and acetic acid sourced from BP’s plants based at the Saltend site.
VAM produced at the plant is supplied mainly to UK manufacturing firms and the European merchant market, INEOS added.
Source ICIS News
Released on 20/12/12
Indonesia’s PT Nippon Shokubai plans to shut its 60,000 tonne/year crude acrylic acid (AA) plant in Cilegon, West Java in mid-January, a company source said on Thursday.
The plant will be shut for a short maintenance that is expected to last for about two weeks, the source said.
The shutdown will be in line with the scheduled maintenance at Singapore Acrylic Acid’s (SAA’s) 73,000 tonne/year acrylic acid facility at Jurong Island, the source added.
SAA is jointly owned by Japanese chemical producers Nippon Shokubai (51%), Toagosei (40%) and Sumitomo Chemical (9%).
Source ICIS News
Indonesia’s PT Nippon Shokubai plans to shut its 60,000 tonne/year crude acrylic acid (AA) plant in Cilegon, West Java in mid-January, a company source said on Thursday.
The plant will be shut for a short maintenance that is expected to last for about two weeks, the source said.
The shutdown will be in line with the scheduled maintenance at Singapore Acrylic Acid’s (SAA’s) 73,000 tonne/year acrylic acid facility at Jurong Island, the source added.
SAA is jointly owned by Japanese chemical producers Nippon Shokubai (51%), Toagosei (40%) and Sumitomo Chemical (9%).
Source ICIS News
Released on 01/12/12
Vector Health International has established an R&D laboratory, named the Africa Technical Research Centre (ATRC), in Tanzania. Vector is a jv between Sumitomo Chemical and Arusha, Tanzania-based A-Z Textile Mills Group. The new centre, which is the first research centre for Sumitomo in Africa, will primarily be engaged in developing and analysing vector control and performing efficacy trials. The R&D efforts will be conducted together with the manufacture of the insecticidal mosquito net Olyset Net for malaria prevention. Meanwhile, Sumitomo Chemical Italia has reached a non-exclusive distribution deal with Nufarm. Effective 1 Aug 2012, Nufarm Italia's crop protection products specifically for crop use in Italy, excluding seed treatment, will be available to Sumitomo Chemical Italia.
Source ICIS News / Specialty Chemicals Magazine
Vector Health International has established an R&D laboratory, named the Africa Technical Research Centre (ATRC), in Tanzania. Vector is a jv between Sumitomo Chemical and Arusha, Tanzania-based A-Z Textile Mills Group. The new centre, which is the first research centre for Sumitomo in Africa, will primarily be engaged in developing and analysing vector control and performing efficacy trials. The R&D efforts will be conducted together with the manufacture of the insecticidal mosquito net Olyset Net for malaria prevention. Meanwhile, Sumitomo Chemical Italia has reached a non-exclusive distribution deal with Nufarm. Effective 1 Aug 2012, Nufarm Italia's crop protection products specifically for crop use in Italy, excluding seed treatment, will be available to Sumitomo Chemical Italia.
Source ICIS News / Specialty Chemicals Magazine
Released on 19/12/12
Market Report Sample :
China has been playing an important role in pesticide production in the world. It is the biggest pesticide production country currently, with pesticide output hitting 2.65 million tonnes (by 100% technical) in 2011, seeing over 10% CAGR in the past five years. Additionally, China is also a huge pesticide consumption market with consumption volume reaching nearly 400,000 tonnes (by 100% technical) in 2011, seeing around 5% CAGR during 2006-2011. However, there are also many problems existing in China's pesticide industry, such as overcapacity for most pesticide varieties, few well-known brands and still serious pollution emission.
China currently can produce 350 kinds of pesticide technical, which are usually patent-expired ones. Uncomplicated production technologies, mature production processes, stable market demand and raw material supply as well as easier registration approval are major reasons for such a large proportion of traditional pesticides in China.
China's pesticide R&D ability has been improved in recent years, which, however, is still weak compared with developed countries, due to shortage in capital support and unreasonable R&D system. In China, total annual R&D expense on pesticides by pesticide producers only accounts for less than 2% of their annual sales value, much less than that of foreign giants.
The registration number of traditional formulations of EC and WP still accounts over one half of the total formulation registration. But China's general formulation production structure is under adjustment, as the proportion of environmentally friendly formulations such as WG, SC and EW are gradually increasing, with China's adjuvant R&D level gradually heightening.
China is adjusting pesticide industrial structure by issuing policies that are increasingly strict on environmental protection and entrance threshold for producers and product registrations, etc. In addition, industrial concentration keeps intensifying thanks to enterprises' cooperation, mergers & acquisitions and reorganizations. For domestic large-scale companies, it is a good way to improve their competitiveness through effectively utilizing resources after M&A. In addition, with support from Chinese government, MNCs will enjoy some preferential policies like lower land use cost, looser financing policies, simpler approval process, etc. in the process of M&A. However, for most of domestic small-scale companies and those in bad financial situation, they may face mergence or acquirement in the coming two or three years.
Source PR Newswire (U.S.)
Market Report Sample :
China has been playing an important role in pesticide production in the world. It is the biggest pesticide production country currently, with pesticide output hitting 2.65 million tonnes (by 100% technical) in 2011, seeing over 10% CAGR in the past five years. Additionally, China is also a huge pesticide consumption market with consumption volume reaching nearly 400,000 tonnes (by 100% technical) in 2011, seeing around 5% CAGR during 2006-2011. However, there are also many problems existing in China's pesticide industry, such as overcapacity for most pesticide varieties, few well-known brands and still serious pollution emission.
China currently can produce 350 kinds of pesticide technical, which are usually patent-expired ones. Uncomplicated production technologies, mature production processes, stable market demand and raw material supply as well as easier registration approval are major reasons for such a large proportion of traditional pesticides in China.
China's pesticide R&D ability has been improved in recent years, which, however, is still weak compared with developed countries, due to shortage in capital support and unreasonable R&D system. In China, total annual R&D expense on pesticides by pesticide producers only accounts for less than 2% of their annual sales value, much less than that of foreign giants.
The registration number of traditional formulations of EC and WP still accounts over one half of the total formulation registration. But China's general formulation production structure is under adjustment, as the proportion of environmentally friendly formulations such as WG, SC and EW are gradually increasing, with China's adjuvant R&D level gradually heightening.
China is adjusting pesticide industrial structure by issuing policies that are increasingly strict on environmental protection and entrance threshold for producers and product registrations, etc. In addition, industrial concentration keeps intensifying thanks to enterprises' cooperation, mergers & acquisitions and reorganizations. For domestic large-scale companies, it is a good way to improve their competitiveness through effectively utilizing resources after M&A. In addition, with support from Chinese government, MNCs will enjoy some preferential policies like lower land use cost, looser financing policies, simpler approval process, etc. in the process of M&A. However, for most of domestic small-scale companies and those in bad financial situation, they may face mergence or acquirement in the coming two or three years.
Source PR Newswire (U.S.)
Released on 18/12/12
On the afternoon of December 18, initiated jointly by Zhejiang University, China Agricultural University and Nanjing Agricultural University, "Crop Quality and Product Safety Collaborative Innovation Center" was officially launched at Zhejiang University. President Yang Wei attended the launching ceremony and presented the letters of appointment to members of the academic committee of the Center, and inaugurated the Center together with Academician Gai Junyi, Deputy Director of the academic committee.
Crop Quality and Product Safety Collaborative Innovation Center is mainly aimed at generating a mode of collaborative innovation to build an internationally pioneering platform of collaborative innovation, form and improve the mode of talent training, publish high-level research papers, turn out patents with prospects of application, and cultivate high-yield and high-quality new varieties. The Center will establish research platforms for basic biology, crop quality biology, crop stress biology, producing environmental regulation and green pest prevention and control . It plans to set 50 to 60 positions of primary investigators and about a thousand of other positions.
In his speech, President Yang Wei commented that crop quality and product safety are important issues related to people's livelihood, and that the development of agriculture-related disciplines calls for a larger platform. He also expressed the wish that the Center would effectively integrate relevant disciplines of collaborative units and make contributions to the promotion of quality of people's lives.
Vice-President Wu Ping signed a cooperation agreement with the six collaborative units on behalf of Zhejiang University. About 150 people attended the ceremony, including members of the academic committee, directors of relevant departments and representatives of teachers and students.
Source China Business News
On the afternoon of December 18, initiated jointly by Zhejiang University, China Agricultural University and Nanjing Agricultural University, "Crop Quality and Product Safety Collaborative Innovation Center" was officially launched at Zhejiang University. President Yang Wei attended the launching ceremony and presented the letters of appointment to members of the academic committee of the Center, and inaugurated the Center together with Academician Gai Junyi, Deputy Director of the academic committee.
Crop Quality and Product Safety Collaborative Innovation Center is mainly aimed at generating a mode of collaborative innovation to build an internationally pioneering platform of collaborative innovation, form and improve the mode of talent training, publish high-level research papers, turn out patents with prospects of application, and cultivate high-yield and high-quality new varieties. The Center will establish research platforms for basic biology, crop quality biology, crop stress biology, producing environmental regulation and green pest prevention and control . It plans to set 50 to 60 positions of primary investigators and about a thousand of other positions.
In his speech, President Yang Wei commented that crop quality and product safety are important issues related to people's livelihood, and that the development of agriculture-related disciplines calls for a larger platform. He also expressed the wish that the Center would effectively integrate relevant disciplines of collaborative units and make contributions to the promotion of quality of people's lives.
Vice-President Wu Ping signed a cooperation agreement with the six collaborative units on behalf of Zhejiang University. About 150 people attended the ceremony, including members of the academic committee, directors of relevant departments and representatives of teachers and students.
Source China Business News
Released on 19/12/12
Singapore Acrylic Acid (SAA) plans to shut its 73,000 tonne/year facility at Jurong Island in the first quarter of 2013 for a scheduled maintenance, a source familiar with the matter said on Wednesday.
The plant will be shut for about a week, the source said.
SAA is jointly owned by Japanese chemical producers Nippon Shokubai (51%), Toagosei (40%) and Sumitomo Chemical (9%).
Toagosei’s acrylate esters facilities in Singapore will operate at lower rates because of the scheduled shutdown of the upstream SAA’s acrylic acid plant, the source said without elaborating.
Toagosei has a 60,000 tonne/year of butyl acrylate (buty-A) plant and a methyl acrylate (methyl-A)/ethyl acrylate (ethyl-A) swing plant with a nameplate capacity of 22,000 tonne/year in Singapore, the source said.
Source ICIS News
Singapore Acrylic Acid (SAA) plans to shut its 73,000 tonne/year facility at Jurong Island in the first quarter of 2013 for a scheduled maintenance, a source familiar with the matter said on Wednesday.
The plant will be shut for about a week, the source said.
SAA is jointly owned by Japanese chemical producers Nippon Shokubai (51%), Toagosei (40%) and Sumitomo Chemical (9%).
Toagosei’s acrylate esters facilities in Singapore will operate at lower rates because of the scheduled shutdown of the upstream SAA’s acrylic acid plant, the source said without elaborating.
Toagosei has a 60,000 tonne/year of butyl acrylate (buty-A) plant and a methyl acrylate (methyl-A)/ethyl acrylate (ethyl-A) swing plant with a nameplate capacity of 22,000 tonne/year in Singapore, the source said.
Source ICIS News