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CAMMR Issue 201503: Multinationals increasing investment in China
Apr. 21, 2015
Agrochemical enterprise taking part in the governmental “Internet +”Program
The Government Work Report this year has decided to formulate an “Internet+” Program to promote integration between modern manufacture and internet, cloud computing, big data, Internet of things. It is expected that the Program will bring about a significant influence to Chinese agriculture and the business operation of agrochemical enterprises. Recently China’s largest pesticide producer Noposion released its cell phone APP and agricultural e-commerce
platform Beta www.njw88.com. The “Internet+” Program deployed by enterprises shows intensified integration between internet and conventional industry.
Multinationals increasing investment in China
A number of multinationals have appeared very active in Chinese market in the 1st quarter of 2015,where Bayer CropScience has released unprecedentedly 8 key products in China at one time. Sipcam, who initiated the “pesticide fertilizer integration” concept, has announced planned release of 3 biostimulants each year starting from 2016 to 2020. ADAMA says that its research facility in Nanjing will start operation in 2015 and at same time a formulation product center will be established in Huaian. The potentials of growth in Chinese market have attracted full attentions of multinationals, diversified competitions are foreseen in the future. Meanwhile new sectors like biostimulant is going to boom with the participation of mature industry players like Sipcam, this
will be of benefit to formulation of industry standard and orderly business operation.
Pyraclostrobin to become hot in Chinese market
Pyraclostrobin chemical patent is going to expire on 20th June, 2015, only 3 months to go from Now. Chinese enterprises are presently preparing the launch of their pyraclostrobin. In March,2015, 3 formulation products from 2 companies have been registered with ICAMA. It can be seen that the launch of pyraclostrobin by Chinese enterprises will reach a peak in the coming period, be it pyraclostrobin technical, single product or mixture product.
China Agrochemical Market Monthly Report is published every mid month, providing you with fresh news in China Agrochemical market, including Market Dynamics,Company & Product Dynamics,Regulations & Policies updates, to provide assistance in exploring the investment and business opportunities in China.
If you want to know more information about China agchem market,
please subscribe to China Agrochemical Market Monthly Report.
Source: AgroNews
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