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    Home > Agriculture News > Pesticide News > Integration of the two major pesticide giants!

    Integration of the two major pesticide giants!

    • Last Update: 2021-06-13
    • Source: Internet
    • Author: User
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    "Glyphosate is the most widely used herbicide in the world, accounting for about 30% of the global herbicide market
    .
    After the listed company completes the acquisition of assets, the company will have a production capacity of 223,000 tons of glyphosate per year.
    The leading position of the domestic glyphosate industry will greatly enhance the right to speak in the international agrochemical industry
    .
    " Jiangshan Co.
    , Ltd.
    Chairman Xue Jian said in an interview with reporters at the company's major asset restructuring media briefing on April 19
    .
    In the herbicide industry recently, the integration of two domestic industry giants has attracted the attention of the industry
    .
    Once the acquisition is implemented, the industry structure of glyphosate, the world's best-selling herbicide, will undergo considerable changes
    .
    According to the "Securities Times" report, a few days ago, Jiangshan shares announced that it plans to reorganize and acquire all the shares of Fuhua Tongda Pesticide Technology Co.
    , Ltd.
    (hereinafter referred to as "Fuhua Tongda") in Leshan City, Sichuan Province
    .
    Fuhua Tongda and Jiangshan are both giants in the domestic glyphosate industry.
    Among them, Fuhua Tongda has a production capacity of 153,000 tons per year, and Jiangshan has a glyphosate production capacity of approximately 70,000 tons per year.
    After the merger, the glyphosate production capacity is approximately 70,000 tons.
    The production capacity will reach 223,000 tons/year
    .
    The report also estimates that the combined production capacity of Jiangshan and Fuhua Tongda will account for 20% of the global market share, becoming the world's second largest supplier of glyphosate production capacity after Bayer
    .
    Before this, although the application of glyphosate once caused controversy and questioning
    .
    However, from a scientific point of view, comprehensively following internationally recognized procedures and methods, as well as the opinions of authoritative evaluation agencies, there is currently no evidence that glyphosate is carcinogenic
    .
    Not only that, but compared with many other herbicides, glyphosate has higher safety
    .
    As the most commonly used broad-spectrum herbicide, glyphosate has a good long-term safe use record of 40 years, has been used in more than 160 countries in the world, and has conducted a total of more than 300 independent toxicological studies worldwide
    .
    Glyphosate is widely used in no-till spring rapeseed fields, no-till winter rapeseed fields, and no-tillage seedling throwing rice fields.
    Glyphosate can retain precious topsoil, reduce stream deposits, etc.
    , and contribute to a sustainable agricultural system that maintains soil moisture. .
    In recent years, glyphosate has been occupying the top position of China's pesticide export varieties
    .
    In April 2021, the domestic spot price of glyphosate rose to RMB 32,800/ton, and the market price has shown a trend of recovery
    .
    With the growth of global crop planting area and the promotion of global genetically modified crops, the global demand for glyphosate will continue to improve in the future
    .
    In addition, in the context of the continuous promotion of green and sustainable agriculture in China, glyphosate, as a low-toxic and low-residue herbicide, its market demand will also be further expanded
    .
    This time, what kind of long-term impact will the integration and changes of the industry have on the agricultural material market after the epidemic? Will it help Chinese companies enhance their voice in the global agricultural material market? Let us look forward to the future
    .
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