What recent news is there in the pesticide market?

Updated on 2026.6.24 New production capacity added in June Factory Project Inner Mongolia Zhonggao Chemical Co., Ltd. Annual capacity: 2,000 tons of mesotrione, 7,000 tons of propanil, 4,000 tons of K-acid, and by-product ammonium sulfate Shandong Zhanhua Yonghao Pharmaceutical Technology Co., Ltd. Proposed project: 2,000 tons/year of sulfoxaflor intermediate (5-hydroxy-1-methyl-3-trifluoromethyl-1H-pyrazole) Liaoning Zhonghui Biotechnology Co., Ltd. 22,000 tons/year of technical-grade pesticides and 14,000 tons/year of agrochemical & pharmaceutical intermediates (prothioconazole) — phase acceptance completed; core capacity: 8,000 tons/year prothioconazole, with by-products methanol (2,400 tons) and sodium sulfate (4,000 tons) Anhui Futian Agrochemical Co., Ltd. Technical upgrading of existing workshops: adding 4,000 tons/year of propisochlor technical material and 200 tons/year of indoxacarb intermediate; optimizing the synthesis process for pyraclonil (capacity unchanged) to improve efficiency and reduce costs Shandong Fushun Chemical Co., Ltd. Proposed project: 3,000 tons/year of hymexazol and 4,000 tons/year of chloroamine Inner Mongolia Guanshida Chemical Co., Ltd. Project acceptance completed; core capacity: 1,000 tons/year carbendazim, 500 tons/year metconazole, 600 tons/year 2,2-dimethyl-5-(4-chlorobenzyl)cyclopentanone, and 500 tons/year trimethylsulfoxonium bromide Ningxia Nongjia New Materials Technology Co., Ltd. Proposed project: 8,000 tons/year of 2-chloro-5-(chloromethyl)thiazole (a wholly owned subsidiary of Ningxia Dongwu Agrochemical Co., Ltd.) Hunan Lier Biotechnology Co., Ltd. New capacity: 50,000 tons/year of L-glufosinate and 300,000 tons/year of crop protection formulations Hubei Jinghesheng Biotechnology Co., Ltd. Expansion and renovation of existing thiamethoxam production line — annual capacity increased from 2,000 tons to 5,000 tons; currently operates four production lines for thiamethoxam, bromocyclen, and their intermediates Corporate Changes Company Project Lier Chemical Co., Ltd. Jiuyuan Group and Huacai Technology plan to jointly transfer 23.50% of the company’s shares; ten prospective transferees have submitted applications and paid deposits Anhui Jiuyi Agricultural Co., Ltd. Completed IPO tutoring verification; its ChiNext IPO application has been accepted by the Shenzhen Stock Exchange; core products include herbicides such as nicosulfuron and tribenuron-methyl, and fungicides such as prothioconazole Corteva Expected additional restructuring expenses for Crop Protection business up to USD 115 million; plans to shut down its Asturias (Spain) manufacturing site Product Updates Company Project Nantong Jiangshan Chemical Co., Ltd. Exclusive patent PPO-inhibiting herbicide benzpyrazoxy — obtained domestic registration certificate in February 2026 and signed an overseas market development agreement with Syngenta in April; designated as a core product for the company’s 15th Five-Year Plan BASF Active ingredient Adapzo® Active (flufenoxadiazam) newly classified by FRAC under Mode of Action Group 56; first-in-class histone deacetylase (HDAC) inhibitor globally, with no cross-resistance to existing control solutions — suitable for rust disease management and resistance mitigation Corteva Launched novel nematicide Reklemel™ (triflumipenthylin), targeting plant-parasitic nematodes while supporting soil biological balance and health BASF Launched new insecticide Efficon® in Egypt, containing novel active ingredient Axalion® Active (triazamate), effective against piercing-sucking pests on high-value crops

The century-old seed industry giant Corteva is splitting into two.

In recent years, corporate spin-offs have become a key strategic response for major U.S. enterprises to address competitive pressures and investor expectations. From General Electric and Kraft Heinz to Corteva, a series of industry giants are pursuing more precise strategic focus and capital allocation through structural reorganization. S&P 500 Return Trend (1999–November 2024) (Remain Co.: the continuing original company; Spin Co.: the newly spun-off company) For example, DuPont will complete its split in November 2025, forming Qnity — focused on semiconductors and advanced electronic materials — and the legacy DuPont entity. Corteva’s planned separation of its seed and crop protection businesses in 2026 epitomizes this broader trend. Underpinning this wave of spin-offs is a profound re-evaluation of traditional diversification models. Professor Bergelman of Stanford Graduate School of Business provides a compelling theoretical framework — ‘strategic speciation’ — explaining that when technological disruption and market restructuring drive business units toward divergence, companies must evolve via spin-offs, enabling each unit to seize domain-specific opportunities with greater agility. Post-split, the two independent Corteva entities will pursue distinct strategic paths: the new Corteva, focused exclusively on crop protection, will concentrate on high-growth bio-based solutions, while the standalone seed company (SpinCo) will intensify its leadership in trait innovation (e.g., Vorceed™, PowerCore™) and gene editing. This ‘dual-core’ model allows each entity to tailor capital strategies to its unique business characteristics, optimize investment efficiency, and enhance responsiveness to market shifts. #Global Seed Intelligence Catalyst Behind Corteva’s Spin-off Plan According to insiders, this move aims to shield the seed business from potential liabilities arising from the crop protection segment. Industry analysts note that investors increasingly favor pure-play companies, whereas the crop protection sector faces mounting challenges — including intensifying commoditization, price competition, and rising litigation risks. By separating operations, Corteva seeks to erect a legal ‘firewall’ around its high-value seed portfolio (e.g., significantly reducing glyphosate-tolerant traits since 2021; in March 2023, Albaugh (U.S. Agri-Chemicals Group) announced acquisition of Corteva’s glyphosate business). While proactively mitigating liability exposure, Corteva is also strategically positioning itself to capitalize on an emerging industry recovery window. Technology Efficiency Score (2016–2022) Although the agrochemical industry currently contends with inventory drawdown and pricing pressure, signs of recovery emerged in 2025: crop chemical and fertilizer prices rebounded, distribution channels normalized, and robust global food demand — amplified by climate uncertainty — continues to fuel strong demand for high-yielding, stress-resilient seeds, creating favorable external conditions for Corteva. Leveraging continuous innovation in advanced traits (e.g., Vorceed™, PowerCore™), biologicals, and gene editing, Corteva is strengthening product differentiation and pricing power, further consolidating its market share. Against a policy backdrop increasingly supportive of sustainable agriculture, the company is well-positioned to achieve above-industry growth through biological solutions. Meanwhile, by advancing cost optimization, enhancing supply chain efficiency, and actively expanding into high-growth markets such as Latin America and Asia-Pacific, Corteva is systematically improving operational leverage and profitability — laying a solid foundation for long-term growth and shareholder returns.

Corteva Announces CEO and Leadership Team for New Crop Protection Business

Apr 15, 2026

Corteva Inc. appointed Luke Kissam as CEO for its future separate crop protection business, scheduled to spin off in Q4 2026. The full executive leadership team was revealed ahead of an investor day on September 15.

chemweek

Corteva Announces CEO of its Future Crop Protection Company

Bitget

Corteva Announces CEO of its Future Crop Protection Company

PR Newswire

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2026-04-15

Corteva Announces CEO and Leadership Team for New Crop Protection Business

2026-04-16

New Corteva Appoints Luke Kissam CEO Ahead of Corporate Split

Corteva Announces CEO and Leadership Team for New Crop Protection Business

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