Wynca’s 35 Million Investment for West Africa Market Entry
Dec. 24, 2009
Wynca purchased 70% of the company shares of SUNSHINE AGRIC PRODUCTS & TRADING COMPANY (GHANA) LIMITED this December, with the price of 35 million Yuan. SUNHINE’s 5% market share and its selling network are expected to make large contribution to Wynca’s fast entry to West Africa pesticide market. In addition, the market capacity of glyphosate based products in Cote divoire is even bigger than it is in Ghana, which is, to the drear sales of Wynca’s glyphosate products, undoubtedly, a massive help.
Wynca is the largest glyphosate manufacturer and second largest organosilicon manufacturer in China. In the future, organosilicon industry and green pesticide formulation will be its main development direction.
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