Jun. 30, 2021
Below are the most-viewed news regarding Indian companies, products, regulation and research that were published on AgroPages in June 2021.
India CIBRC 428th meeting held on May 18th, 2021
At the meeting, 22 registration of pesticide technical and 35 formulation products, including 11 herbicides, 11 insecticides/acaricides, 5 fungicides and 30 bio-products got approved. UPL Limited, Dow Agroscience India (P) Ltd, Insecticides India Limited, Crystal Crop Protection Pvt Ltd, Willowood Chemicals Pvt Ltd, Best Crop Science LLP, Dhanuka Agritech Limited, Modern Insecticides Ltd, Growtech Agri Science and Research (Pvt Ltd), Yash Krishi Takniki Evam Vigyan Kendra, Khandelwal biofertilizer, Poabs Biotech Pvt Ltd, Patanjali Bio Research Institute Pvt Ltd, Dharti Biotech, Maruti Agro Biotech, Agrilife Telangana, Peptech Biosciences Limited, Embio Limited, Prabhat Fertilizer, and Chemical works, and many other companies got approvals in different categories.
More details, please check the original text … …
Coromandel International launches six new products
On 14 June 2021, Coromandel International launched six new products (including 4 Insecticide, 1 Herbicide, 1 Fungicide): Finio, Makeba, Insas, Officer, Magnite and Optra FS. The main objective of the Company to launch these products is to become value-based solution provider to farmers and enhance Coromandel’s portfolio in Crop Protection … …
UPL has announced the launch of ‘NPP’ – Natural Plant Protection – a new global business unit housing UPL’s comprehensive portfolio of natural and biologically derived agricultural inputs and technologies. NPP will act as a stand-alone brand, consolidating UPL’s existing biosolutions portfolio, network of R&D laboratories and facilities worldwide, which currently accounts for 7% of UPL’s total revenues … …
Rahul Dhanuka, COO, Dhanuka Agritech, talks about Q4FY21 numbers, price increase, Targa Super, agrochemicals and pesticides segments, tie-ups with global companies, speciality chemicals, international business among others during a candid chat. “Dhaunka Agritech has tie-ups with several Japanese and American companies. Through these tie-ups, we are able to bring patented products, exclusive products and environment-friendly products to the farmers. Last year, we brought Kirari from Nissan Agritech and Nissodium from Nippon Soda.” … …
Best Agrolife Limited expands their Hydrogenation plant in Gajraula, U.P.
On 7th June 2021, Mr. Vimal Alawadhi, Managing Director,Best Agrolife Ltd., with Mr. Raajan Alawadhi, Executive Director, Best Agrolife Ltd., inaugurated the Hydrogenation plant at their manufacturing unit at Gajraula, Uttar Pradesh. In a competitive and growing industry of agrochemicals, Hydrogenation is an important Reaction. Across the globe, it has gained momentum due to the quality of performance in research and product development. With the global expansion in mind, Best Agrolife Ltd. are scaling up the technology to meet the ever-growing demand in the Indian and International markets resulting in process development and optimization of the resources … …
"Heranba Industries will maintain a growth rate of 18-20% in FY22": Raunak Shetty
Heranba Industries Raghuram Shetty, MD, and Raunak Shetty, ED, talks about the March quarter numbers, expansion plans in Vapi, Demand situation, current capacity utilisation levels, export orders and growth outlook for FY22. Raghuram Shetty: “We have published the results recently and have posted good growth. In fact, the growth has been good for the last four to five years and it will continue to be strong. Revenue growth was also good and we have grown well in all the parameters. Going forward, our growth will remain good because our business has a presence in four to five segments of which 50% comes from domestic and 50% plus comes from export.” … …
Agrow Allied Ventures ltd (AAVPL) is maintaining a steady growth rate by topline increasing with 38% and PAT increasing by 160% since last financial year. Both domestic and exports market has equally contributed to the revenue growth. The main reason for maintaining healthy growth rate was company’s strong technical portfolio and export growth with global presence in more than 70 countries backed up by registrations. AAVPL is optimistic to maintain strong growth in future as well as its continuously expanding its technical capacity. Company is expecting registrations for new high value technical products in this financial year for which they are prepared to start production … …
Aragen Life Sciences (formerly, GVK BIO), a leading Contract Research and Development Organization (CRDO), head quartered out of Hyderabad, India, announced a strategic partnership with FMC Corporation, a global leader in innovative agricultural science, that provides solutions towards crop protection, plant health, and professional pest and turf management. Through this collaboration, Aragen will support FMC’s global discovery and development needs, including discovery chemistry, discovery biology, and chemical process development … …
FMC Corporation names Ravi Annavarapu as president of India business
−− Succeeds Pramod Thota who moves to Philadelphia as president of FMC USA
FMC Corporation has appointed Ravi Annavarapu as president of FMC India, effective July 1, 2021. Annavarapu will be responsible for the company's business strategy and performance in India. He will succeed Pramod Thota, who is taking on the role of president of FMC USA. Annavarapu will report to Bethwyn Todd, FMC vice president and president of FMC Asia Pacific … …
Insecticides India limited to manufacture two important insecticides in India
Insecticides (India) Limited is endeavouring to reduce its dependence on China. In this regard, it has decided to create chief intermediates in India. As per a statement by the Managing Director of IIL, Rajesh Aggarwal, “At present we are importing about 30-35 per cent of the raw material from China. We are planning to produce it locally. When we set up our plant for the intermediates by the end of this calendar year, we would be able to reduce their imports by 7-8 per cent.” First intermediate: Lambda cyhalothrin and Second intermediate: Thiamethoxam … …
Note:
1. The list of rankings focuses only on Indian native enterprises, excluding the branches of multinational companies in India.
2. The list of rankings focuses only on the sales of pesticide products(TC & Formulation), excluding the sales of fertilizers and intermediates.
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