Apr. 27, 2021
A strategic cooperation agreement was executed between Xingfa Group and Syngenta China, in Yichang, China, on April 20, with Qin Hengde, President of Syngenta Group China, and Li Guozhang, Board Chairman of Xingfa Group, attending the signing ceremony.
Li Guozhang said that the cooperation will be advantageous to both parties in the upstream production resources and downstream sales channels, which will contribute to expansion of all-round cooperation in the sectors of pesticides, fertilizers and phosphorus-containing raw materials.
Qin Hengde said that Syngenta Group China is China's largest agricultural inputs supplier as well as a leading modern agricultural service platform. The strategic cooperation will focus on exchange and cooperation in the novel and green glyphosate series, the inorganic dimethyl sulfoxide, phosphate and compound fertilizers, to provide better service for agrochemical markets at home and abroad.
The cooperation will lead to a joint development of high value-added and marketable agrochemical products, paving the way for both sides to achieve high-quality development while promoting upgraded development of the agrochemical industry.