On
June 3, 2019, Zhengzhou Jinpeng Chemicals Industrial Co., Ltd. (Zhengzhou
Jinpeng) completed publicizing its Environmental Impact Statement (EIS)
regarding the expansion of production capacity of thiodicarb TC, lufenuron TC,
pirimicarb TC and carboxin TC. The duration of publicity lasted for 14 days,
starting from May 17, 2019 to May 30, 2019. What follows next is the
preparation for documents in order for the government to approve. However, this
is going to be a challenge for the company due to the on-going supply-side
reform in China, as well as the stricter environmental protection and safety
policy for the pesticide industry in the country.
Zhengzhou
Jinpeng expressed that for the sake of better development and stronger
competitiveness, the company introduced advanced automated production equipment
in the expansion project. In the meanwhile, a new production base will be built
on the east side of the existing one.
The new expansion project includes thiodicarb TC, lufenuron TC, pirimicarb TC and
carboxin TC
The
project aims at expanding production capacity of thiodicarb TC, lufenuron TC,
pirimicarb TC and carboxin TC and upgrading technological facilities.
According
to the project, based on the existing production capacity of 400t/a, 2,000t/a
thiodicarb TC will be expanded. Meanwhile, 400t/a lufenuron TC, 200t/a
pirimicarb TC and 200t/a carboxin TC will be also added. Among all the
products, thiodicarb TC is the company's main product with advantage, while lufenuron
TC, pirimicarb TC and carboxin TC are new arrivals. Apart from that, Zhengzhou
Jinpeng has already mastered the techniques of producing lufenuron TC,
pirimicarb TC and carboxin TC, with official Pesticide Registration
Certificates.
As
for facilities, a combination of storage, transportation and environment
protection will be under construction. Zhengzhou Jinpeng once expressed that under
the influence of the strict policies of safety, environmental protection and
pesticide management, Chinese companies are confronted with greater challenges
and pressures in order to survive and become one of the top plazers in the
pesticide market. Nowadays, the high standards of management raised by the
Chinese government in the aspects of chemical industrial zones and project
construction imposes a direct impact on the development of Chinese pesticide
industry. Hence, the facilities upgrade is absolutely of great necessity in
terms of the future development of the company. Once the new facilities are put
into production, the company's market share, technique level, product
competitiveness, market competitiveness, production scale, sustainable capacity,
and production efficiency will be correspondingly increased.
Zhengzhou Jinpeng faces strong
competitors, such as Hunan Haili and Jiangsu Changlong
Zhengzhou
jinpeng is a designated private company approved by the Chinese agricultural
department. Aiming at low toxicity, high efficiency, and environmental
protection, the company engages itself in development of agricultural
chemicals. As one of the top agrochemical enterprises with production of carbamate
pesticides in China, Zhengzhou Jinpeng has its main products, thiodicarb, in
the lead of the market. The products are exported to 40 countries and areas in
the world, including North America, South America, Southeast Asia as well as
Eastern Europe.
However,
Zhengzhou jinpeng meets its competitors in the thiodicarb TC market, especially
Hunan Chemical Industry Co., Ltd. and Jiangsu Changlong Agrochemical Co., Ltd.
(Changlong Agrochemical). In 2018 Changlong Agrochemical conducted a production
project, where 4,000t/a thiodicarb TC was produced with steady production conditions
and increasing productivity rates. In the end, 523 tonnes of thiodicarb TC were
produced in 2018 and 297 tonnes of Q1 were achieved in 2019. Despites all these
facts, Zhengzhou Jinpeng is still confident about its future in the thiodicarb
TC market, saying that the production expansion will be very beneficial to the
company.
For more information about China's chemical market, please have a look at our resources at Chemicals.