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Albaugh Brasil boosts agrochemicals market share by 56% in 2016
May. 3, 2017
Albaugh Brasil
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BrazilRelated News
Albaugh Brasil, which entered the market last year, announced it increased its share in the agrochemicals market by 56 percent in 2016, jumping from 0.7 percent to 1.5 percent.
The comparison used is the share created by companies Consagro and Atanor, which were merged for the creation of Albaugh Brasil.
The president of the company, Renato Seraphim, explained that this increase is a result of strong investment in procedures, people, and quality of products, besides better brand positioning in the sector. He highlighted that with the motto, “less cost, more profitability,” Albaugh Brasil has cemented its position in the crop protection market in Brazil.
“We have experienced and motivated staff, which promotes a true revolution in the values and procedures of the company. We have grown in all sectors: herbicides, insecticides and fungicides and yet we have a presence in five regions of Brazil,” said Seraphim, guaranteeing that the company would continue to invest in facilities and expand in the country.
Albaugh has tried to boost international expansion in the last few years and today has operations in Brazil, Argentina, Mexico, Canada, China, Europe, and the United States. It is ranked 13 in terms of global revenue among agrochemical companies. In Brazil, Albaugh sold nearly 20 products related to fungicides, bactericides, insecticides, acaricides, herbicides and growth regulators.
The company has a factory in Resende, Rio de Janeiro, with the capacity to produce 10,000 tons/year of copper fungicides. According to Albaugh, the Brazilian unit is totally automated and has the capacity to produce 54 million liters per year of selective herbicides and the latest generation of non-selective. The plant is spread over 16,000 square meters and receives investments to increase its productive capacity.
Source: AgroNews
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