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

Magazine

2019 CRO & CRAO Manual 2019 Market Insight
Chinese issue of 2019 Market Insight 2019 India Pesticide Suppliers Guide
2019 Biologicals Special 2019 Latin America Focus
I wanna post a press Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.