ChemChina and SinoChem Deny Merger Talks

China’s two chemical giants, ChemChina and Sinochem, are denying an earlier Bloomberg report about their merger deal. A spokesperson under the ChemChina said “nothing of the sort” when contacted by comment…Full Article: CRIENGLISH Oct 2016 Key Point The merger between ChemChina and SinoChem may also include another Chinese organization/company that would invest US$15 billion

ChemChina Launches E-Commerce Website to Sell Products Using Alibaba Knowhow

China National Chemical Corporation (ChemChina), a State-owned chemical giant, officially launched its e-commerce platform on Sept 21 at the 15th China International Chemical Industry Fair, marking the establishment of the first chemical industrial e-commerce portal in the country…Full Article: Sept 2016 Key Point In June 2016, ChemChina launched a trial version of its e-commerce

Former Leader of China’s Ministry of Chemical Industry Headlines Letter of Protest Against ChemChina’s Acquisition of Syngenta

Around 1,300 Chinese citizens have signed a letter to protest China National Chemical Corp (ChemChina)’s acquisition of Swiss-based Syngenta, citing genetically modified (GM) food worries, one of the protestors who helped draft the letter told the Global Times on Monday [19 September 2016]. Qin Zhongda, the former minister of the Ministry of Chemical Industry, was

ChemChina Buy Out of Israel’s Adama Agricultural Solutions Expected to be Completed by the End of June 2017

Adama Agricultural Solutions Ltd. (TASE: ADAMA), which produces agricultural pesticides, is one step closer to being merged into Chinese company Sanonda, listed on the Shenzhen Stock Exchange…Full Article: Globes Sept 2016 Key Point Adama Agricultural Solutions expects the merger with ChemChina to be completed by the end of June 2017. ChinaAg Comments As of July

ChemChina Extends Deadline for Syngenta Investors to Tender their Shares

ChemChina on Tuesday [6 September 2016] extended by almost two months the deadline for Syngenta investors to tender their shares as the Chinese company seeks to complete a $43 billion takeover of the Swiss pesticides and seeds group…Full Article: The Global Times Sept 2016 Key Point The deadline for tendering their shares has been pushed

CFIUS Approves ChemChina’s Acquisition of Syngenta

A US national security panel has cleared ChemChina’s $43 billion takeover of Swiss pesticides and seeds group Syngenta the companies said on Monday [22 August 2016], boosting chances that the largest foreign acquisition ever by a Chinese company will go through…Full Article: China Daily Aug 2016 Key Point Owing to the confidentiality of the CFIUS

Jilin Grain Group to Receives US$1.5 Billion from Hubei-based Investment Company to Expand its Business

State-owned Jilin Grain Group Co Ltd, the largest grain trader in northeastern China by sales revenue, will use 10 billion yuan ($1.5 billion) of new investment to add new types of businesses this year, including agricultural insurance, machinery manufacturing and pesticides…Full Article: China Daily Aug 2016 Key Point Founded in 2010 and headquartered in Wuhan,

ChemChina Subsidiary Expected to Complete Takeover of Israeli Agrochemical Company by 2017

Adama Agricultural Solutions said a possible merger with smaller Chinese rival Sanonda, first announced last year, could be completed in the first half of 2017. Sanonda is a subsidiary of China National Chemical Corp (ChemChina), which also owns 60% of Adama and may also buy the remaining 40% of the Israeli company, which is the

The Philippines is Unfazed By China’s Recent Deposal of 35 MT Banana Shipment

Malacañang said Sunday [27 March 2016] that the quantity of Philippine exported bananas that China destroyed was too small to affect the trade relations of the two countries. Communications Secretary Herminio Coloma Jr. said that based on the statement of Trade Secretary Adrian Cristobal Jr., the 35 metric tons of bananas that Beijing destroyed on