Wynca sales rise by a third in Q3
Chinese company Zhejiang Wynca Chemical recorded a 32.5% increase in sales to Yuan 1,566.2 million ($248.9 million at the current rate) in the third quarter of 2012. In 2011, agrochemicals made up 44.2% of total sales, which include organosilicone products ( Agrow No 639, p 5). The company continued its return to profitability this year, posting net profit of Yuan 41.5 million ($6.6 million) during the third quarter. Wynca Chemical topped the China Crop Protection Industry Association’s ranking of the top 100 pesticide companies, based on 2011 pesticide sales ( Agrow No 651, p 17). It was the second time the company topped the ranking in as many years.