nav Searchuser
Maxunitech Inc.
Beijing Multigrass Formulation Co., Ltd.

Nutrichem to acquire 42.77% stake in Heyi Chemicalqrcode

Sep. 12, 2018

Favorites Print
Forward
Sep. 12, 2018
Recently, Nutrichem announced that it had spent 4.37136264 million yuan to acquire 42.77% stake in Jiangxi Heyi Chemical. 
 
Until the end of June 2018, Nutrichem held 57.22% stake in Heyi Chemical. Upon completion of this acquisition, Nutrichem will now hold 99.99% stake in Heyi Chemical.
 
Founded in October 2005, Heyi Chemical is engaged in the research, production and sales of pesticide technical, intermediates and formulations. Its main products include ethirimol, dithianon, cyromazine, copper chloride, iprodione, dimethachlon, procymidone, sulfentrazone, 3,5-dichloroaniline, 3,4-dichlorobenzotrifluoride. Heyi Chemical went public in NEEQ in November 2015.
 
According to its 1H 2018 semiannual report, Heyi Chemical achieved a business income of 197 million yuan and an operating profit of 45.1411 million yuan in the first half of 2018.
 
Source: AgroNews

Picture 0/1200

More from AgroNews

Sichuan Lomon Bio Technology Co., Ltd.

Magazine

2019 India Pesticide Suppliers Guide 2019 Formulation & Adjuvant Technology
Annual Review 2018 Chinese issue of Annual Review 2018
Chinese issue of 2018 Market Insight 2018 Market Insight
I wanna post a press Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.