Huapont-Nutrichem agrochemical sales over 3bn Yuan in 2012

Chinese listed company Huapont-Nutrichem posted a 507.65% jump on previous year to RMB 3,877 million in 2012. The company’s net profit was RMB 332.0 million, increased RMB 27.1 million than last year (+8.88%).

The company claimed that the large growth of sales owing to the merger with Beijing Nutrichem company in 2012, which brought agrochemical business into Huapont. During 2012, Beijing Nutrichem’s sales reached RMB 3,029 million, equivalent to 78.15% of total sales; while net profit attributable to the parent company reached RMB 180 million, accounting for 54% of general profit. In 2012, after the merger, Huapont-Nutrichem spent RMB 70.5 million on R&D pipeline (1.82% of sales during 2012, 2.63% of net asset by the end of 2012).



Beijing Nutrichem is an integrated company which combined agrochemical R&D, production, sales, technical service and trading business. Compared with domestic competitors, it has clear advantages on R&D, market channels, registration, QC and EHS (Environmental, Healthy, Safety) management system. Such superiorities are driving Beijing Nutrichem to develop quickly and strongly.

In recent years, Beijing Nutrichem independently developed more than 70 biorational, environmental and effeciency high-tech agrochemicals. Among them, some 29 were granted patents (1 foreign patent). In addition, Nutrichem participated in formulating 6 Industrial Standards and 2 FAO International Standards which have been carried out.

In 2006, the OECD member states issued GLP laboratory qualification certificate to Beijing Nutrichem, which made it become the first agrochemical GLP laboratory in China mainland. In 2012, Public Health Agency of Belgium carried out the 4th GLP Examination, Beijing Nutrichem successfully passed the examination, and the GLP laboratory became the only Environmental Behavior and Residue Experimental lab granted by OECD in China mainland. At the same time, Beijing Nutrichem GLP lab also gained NAS17025 Certification issued by CNAS, and could be admitted in regions which signed Mutual Recognition Agreements with CNAS.

Beijing Nutrichem signed some long-term cooperation agreements with internationally renowned agrochemical companies to make sure their products sale smoothly. At present, Beijing Nutrichem owned 5 manufacturing base: Shangyu Nutrichem, Wanquan Lihua, Wanquan Hongyu, Yancheng South and Hangzhou Qingfeng.

Beijing Nutrichem insists their management theory of EHS and QA/ QC. Responsible Care Committee is responsible for parent company and subsidiaries’ health, environment, workers’ safety, quality assurance and control in order to achieve mutual development of workers, companies and environment. At present, Beijing Nutrichem’s EHS and QA/QC system has passed internationally renowned companies’ examination, which makes it enter the distributor system of them smoothly.

Outlook

Beijing Nutrichem is focusing on developing agrochemical market by improving their new products and technical service, it is also going on balancing the relationship among development, environmental protection and social responsibility. The company is devoting itself to become the most outstanding international agrochemical company of China by 2015, and an international advanced agrochemical company by 2022.