[Haichuan Chemical Information Sharing] Sales Ranking of Sixteen Fertilizer Companies
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In 2019, Sinofert sold 11.51 million tons of fertilizers, far exceeding other companies, and is undoubtedly the largest fertilizer distribution company in China. Yuntianhua ranked second with sales volume of 7.4593 million tons, a year-on-year increase of 10.21%. The fastest growing fertilizer sales volume was Hubei Yihua, which increased by 67.18% year-on-year to 3.2064 million tons. The lowest is Sichuan Meifeng, which sold only 666,700 tons in the past year.
CNOOC’s five major domestic fertilizer production bases have fully resumed work and production to ensure spring plowing production. The Paper reporter Yang Yang. The Paper News on March 18. The Paper learned from China National Offshore Oil Corporation (hereinafter referred to as CNOOC) on March 17 that as CNOOC Petrochemical Co., Ltd. (hereinafter referred to as CNOOC) Hubei Dayukou Company recently Fully resumed work and production, CNOOC's five domestic fertilizer production bases have all resumed normal production, producing an average of over 10,000 tons of fertilizer per day, which are sold to more than 20 provinces, municipalities and autonomous regions, including Inner Mongolia, Hebei, Hubei and Guangxi. Just one day's output can provide nutrients for more than 400,000 acres of grain crops, providing important agricultural material support for spring plowing production across the country. As one of the important fertilizer manufacturers and suppliers in the country, China Shipping Chemical has five major fertilizer production bases: Hubei Dayukou Company, Hebei Zhonga Company, Hainan Fudao Company, Inner Mongolia Tianye Company, and Heilongjiang Huahe Company. Except for Hubei Dayukou Company, which is located in the most severely affected area, the other four fertilizer producing areas have continued to produce during the epidemic. While doing a good job in epidemic prevention and control, they have operated at full production capacity, fully coordinated the needs of all parties, and made every effort to ensure a stable supply of agricultural materials. Dayukou Company, located in Jingmen City, Hubei Province, is an important phosphate and compound fertilizer production base under CNOOC. After the outbreak, some production units were suspended due to limited supply of raw materials and the inability of personnel to work. Dayukou Company used the raw materials and products in stock to insist on loading trucks and shipping fertilizers, with an average daily shipment of about 1,500 tons. With all the company's production equipment returning to normal operation, the average daily shipment of fertilizers has increased from about 1,500 tons at the beginning of the epidemic to about 3,000 tons, providing a strong guarantee for spring plowing production.
Since December 2017, the Municipal Intermediate People's Court has successively ruled that Lutianhua Group and its four affiliated companies have entered bankruptcy and reorganization procedures. After active exploration and innovation, the group's series of bankruptcy and reorganization trials are currently proceeding in an efficient and orderly manner. According to the feasibility plan for bankruptcy and reorganization drawn up in advance, the Lutianhua Group's series of bankruptcy and reorganization cases adopted a "reconstruction-type reorganization" model for reorganization, which mainly raised debt repayment resources by converting the capital reserves of the listed company (Lutianhua Co., Ltd.) into shares, and all shareholders transferred and converted shares. Financial institutions received stock allocations by exchanging shares for debts during the reorganization procedures to pay off the bank debts of five companies including Lutianhua Group.