Huapont Pharma becomes Huapont Nutrichem
In light of its acquisition of Chinese pesticide exporter Nutrichem International, Chinese listed chemical company Chongqing Huapont Pharma has changed its name to Huapont Nutrichem. The change reflects its increased emphasis on pesticide operations, report Chinese stock market analysts. Huapont only entered the pesticide market when it took control of Chinese agrochemical exporter Nutrichem International in 2010. It bought a 22.7% holding in 2008, before agreeing to take over the entire company the following year ( Agrow No 630, p 2).