2010-12-28

Pesticide companies listed this year, showing a trend of accelerated

December 17, the list of journalists from the Guangxi Tianyuan Sheng network of excellence of the company learned that the company is launching IPO (initial public offerings). Plan to apply for listing of the pesticide industry as well Jiangsu Feng Shan Group Co., Ltd., Guangdong Tianhe agricultural Ltd, Jiang Su Qizhou Green Chemical Co., Ltd. and so on. 
Shortly before the release of "pesticide industry policy" requirement, by 2015 the number of pesticide companies to reduce 30% of the top 20 domestic pesticide sales of enterprise groups more than 50% of total sales, more than 70% by 2020 . Guangxi Tianyuan Sheng Wei Zhijun told reporters that the vice president of marketing, policies, sense of urgency for many companies, technology and capacity to achieve the leap, there must be financial support. 
Jiang Su Huifeng Agrochemical Co., Ltd. is the world's largest prochloraz original drug manufacturers, the nation's largest octanoyloxyphenyl bromoxynil original drug, Epoxiconazole the original drug manufacturer. The raised funds will invest in three of the original drug product expansion project, two agents supporting the processing and marketing support programs and a research and development projects with a total investment of 636 million yuan. 
Biological and Chemical Corporation Jiangsu Bluecrop related securities say they raised funds for this annual 8,000 tons of drugs and formulations of acephate technical transformation of the original project, 2000 tons of cypermethrin project, 800 tons of cypermethrin projects, and Technical Research Center construction projects with a total investment of 541 million. 
The industry said that corporate profits in recent years, thin pesticides in industry consolidation, most pesticide industry is difficult to come up with sufficient funds for mergers and acquisitions. Meanwhile, with increasing the degree of environmental regulation, pesticide companies need a lot of money for the "three wastes" treatment. The capital market can provide precisely the large and long-term operation of the fund, which is listed on the pesticide industry have chosen causes.

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