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Noposion to acquire Fujian Sinodashing Bio-Tech

Shenzhen-based Chinese agrochemical company Noposion Agrochemicals is planning to acquire the Chinese company, Fujian Sinodashing Bio-Tech, for Yuan 44.5 million ($6.5 million), according to Chinese media reports. Fujian Sinodashing Bio-Tech is a key pesticide manufacturer designated by the Chinese National Development and Reform Commission. A series of pesticide business acquisitions drove growth for Noposion in 2009 ( Agrow No 583, p 23).



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