Agchem industry up 7% in China’s Shandong province
Agrochemical companies in China’s Shandong province saw sales rise 6.6% to some Yuan 19,499 million ($3,131 million at the current rate) in 2014, compared with the previous year. Industry profit inched up just 0.3% to Yuan 1,349 million ($217 million). The figures were compiled by the Shandong Crop Protection Industry Association from 54 active ingredient manufacturers. Some 31 of those companies achieved annual revenues of over Yuan 100 million ($16 million).