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Agchem production flat in China’s Zhejiang province

Agrochemical output in the Chinese province of Zhejiang during 2014 was flat against the previous year at 238,107 tonnes, reports the China Crop Protection Industry Association. Output in the province, which is home to some of China’s largest herbicide manufacturing companies, including Zhejiang Wynca Chemical, dropped by some 2% in the first half of the year. The 49 Zhejiang companies whose data were collated during 2014 saw profitability plummet by almost 46%, with combined net profit at Yuan 917.9 million ($147.1 million the current rate).

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