BVI corporation Origin Agritech Limited (http://bvi-companies.blogspot.com/2008/01/origin-agritech-limited.html) made an announcement that it has developed a strategic pesticide business unit for premium branded chemical products. The company expects the product to be marketed into the domestic agricultural market immediately, already for the 2010 selling season. This branded product is to be sold at a premium to other non-branded products in the current Chinese marketplace and will work in conjunction with Origin’s pesticide portfolio, which is currently in regulatory approval phases.
Liang Yuan, BVI corporation’s President and CEO, said in his comments that this strategic business unit development continues their goal to become the dominant agricultural solutions provider.
Currently pesticide market in China is an industry worth about 90 billion RMB. Origin’s pesticide products are contract produced by one of the highest quality producers in China.
BVI corporation Origin Agritech Limited made an announcement that it has developed a strategic pesticide business unit for premium branded chemical products. The company expects the product to be marketed into the domestic agricultural market immediately, already for the 2010 selling season. This branded product is to be sold at a premium to other non-branded products in the current Chinese marketplace and will work in conjunction with Origin’s pesticide portfolio, which is currently in regulatory approval phases.
Liang Yuan, BVI corporation’s President and CEO, said in his comments that this strategic business unit development continues their goal to become the dominant agricultural solutions provider.
Currently pesticide market in China is an industry worth about 90 billion RMB. Origin’s pesticide products are contract produced by one of the highest quality producers in China.
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on Thursday, March 11th, 2010 at 9:17 am and is filed under Investors' News, NASDAQ listed BVI Companies.
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