The crop protection business is an important component in Sinochem’s agricultural business segment. Its business scope covers R&D, Active Ingredient production, pesticide formulating and repackaging, product registration, and brand marketing, among which we are taking the lead China in the proprietary pesticide development. Moreover, the sales revenue of agrochemical bussiness exceeded RMB 8 billion yuan, the highest in China.
Science and Research
Sinochem Group owns two national crop protection R&D platforms, namely the Shenyang Research Institute of Chemical Industry (SYRICI for short) and Zhejiang Research Institute of Chemical Industry Ltd. (Zhejiang Institute for short). These two institutes have strong innovation capacity in China, and have shouldered around 20 national-level R&D projects. At present, 8 proprietary products are under development.
SYRICI was the first to research and develops pesticides, contributing to pesticide industry in China. As the supporting institution of Nation Pesticides Quality Supervision and Inspection Center and National Center for Safety Evaluation of New Drugs, the Institute owns the key labs for the research and production of new pesticides, thus creating a complete system for the development of pesticides, ranging from the design synthetic compounds, production process development, bioactivity assay, application technology development, preparation processing, safety evaluation to commercialized development. At present, 40% of major pesticides produced in China are promoted by this institute and two pesticides independently innovated by this institute have become the major products in China. Shenyang Institute’s testing and evaluation center for “toxicity studies and clinical chemistry analysis” as well as pesticide testing lab were both granted the GLP credential by the government of Nertherlands, the OECD member state. The acquisition of these international credentials is conducive for Chinese pesticide and other chemical products to go global.
As the supporting institution of National Pesticide Research and Development South Center Zhejiang Base, Zhejiang Institute is also the largest research center, with its tasks including research, development and production of new pesticide containing fluorine.
Our company owns production base for pesticides in Shenyang, Yangzhou, and Nantong etc., with crop-protection product lines including pesticides, fungicides, herbicides, and plant growth regulators, covering over 40 active ingredients, with the total production capacity at 160,000 MT/a. In particular, such core products as glyphosate, amide herbicides, cyclohexenone herbicides, imidazolinone herbicides, methoxy acrylate, fungicides, triazole fungicides, neonicotinoid insecticides have already realized scale production and created strong industrial presence. The production scale and process for some products, such as pymetrozine and mesotrione, represent the world-class excellence.
In recent years, Sinochem International also accelerates its strategic expansion by continuing to highlight the industry chain in the business of pesticides. After becoming the largest shareholder of Nantong Jiangshan Agrochemicals & Chemicals Co. Sinochem acquired controlling stake in Jiangsu Yangnong Chemical Group, the production capacity of which is ranked second in the world.
Sinochem Group has thousands of online shops of its own or agent shops in China, covering some major agricultural provinces. Meanwhile, it has established a complete international marketing network, ranking the first in import and export sales of pesticides in China.
Sinochem is entitled to the ownership of the trademark of “Machete”, new “Machete”, “Harness” and “Alachlor” in China, and we are the sole distributor in China of “Roundup”, “RODEO”, “OMEX”, “Latitude” and “Rocket” authorized by the suppliers. We enjoy the leading position in domestic high-end pesticide market. We bought Monsanto’s amide products business in India, Thailand, the Philippines, Vietnam, Pakistan, Bangladesh and Taiwan, and own 45 product brands in Southeast Asia. We have also acquired the concession as sole agent to sell Monsanto’s “Roundup” products in Australia and New Zealand, successfully marching into the Australian and New Zealand market.
While maintaining the growth of our core business, we also reinforce our capacity in technology service, network management and business development. We have worked out and provided solutions for such major crops as paddy rice and cotton by applying Sionchem’s crop protection products.