Sao Paulo, Brazil, 14 May – Representatives from 31 Chinese pesticide companies will be in Sao Paulo this week to display their products at the 2nd China-Brazil Chemical Industry Trade Symposium and Fair, one of the largest annual events in the sector in Brazil.
“The Chinese are very interested in presenting their products in Brazil, the second biggest world market in value behind the United States, pesticide specialist Flávio Hirata from the Allier Brasil consultancy told Macauhub.
The main aim of the chemical industry fair is to allow Chinese companies to present and demonstrate products and initiate business partnership negotiations.
“Chinese producers are now waking up to the Brazilian market and showing increasing interest,” said Hirata, noting that Chinese firms have been attracted by news that Brazil is making it easier for foreign agrochemical firms to operate in the Latin American state.
The Brasilia government wants to cut registration time for chemical products. The procedure currently takes from two to seven years and Brazil wants to reduce this to only five or six months, Hirata said.
Among the 31 Chinese firms taking part at the fair, where around 200 Latin American representatives will attend, are Zhejiang Longyou Greenland Pesticides Company, Jiangsu Institute of Ecomones Co and Suzhou Eagro Ltd.
The two-day event from 15 May will also gather firms from Paraguay, Chile and Argentina. (macauhub)