2012 Changqing Agrochemical sales grew 26%

Chinese agrchem company Changing Agrochemcial posted a 26.9% rise in revenue of RMB 1,270 million in 2012. The profit grew by 56.9% to RMB 176 million.

Pesticide products were still the most sold products in the company, sales rose by 26.9% to RMB 1,620 million, equivalent to 99.6% of the total business.  Sales of veterinary products were down by 3.4% to RMB 4.80 million.

For pesticides varieties, growth was led by good sales of insecticides, of which sales rose by 62.2%, while sales of herbicides and fungicides declined by 1.7% and 4.2%, respectively.



In 2012, Changqing Agrochemical Company expended RMB 54,755,100 on R&D pipeline, increased by 16.88% than that of 2011, accounted for 3.14% of annual audited net assets. Direct export sales increased by 57.96% to RMB 665.3 million.

In 2012,  the project of fenoxanil with capacity of 500 tons was constructed and put into operation in March 2012. At the same time, the company actively responded to the policy of green production and energy saving. A project of waste treatment with capacity of 5000 tons was put into trial operation. The  project of extensive effluent treatment into trial operation, which will improve the company’s level of “three wastes” treatment and reach the goal of cleaner production, is scheduled in April 2013.