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E-commerce, R&D

The collaboration between ADAMA and TAU will combine the worlds of industry and academia, training advanced degree research students of chemistry, life sciences and engineering in the delivery and formulation of active crop protection substances.

AADAMA,leading global crop Protection Company and Tel Aviv University (“TAU”) have jointly  launched a unique research and teaching program on active substance delivery and formulation, an innovation and growth driver in the worlds of agriculture and crop protection.  

Dr. Elad Shabtai, VP Innovation, Development, Research and Registration at ADAMA, explains that to date, specialization in delivery and formulation could only be acquired by people already working in the industry and could not be studied as a profession, or experience acquired, in academic institutions anywhere in the world, leading to a growing shortage of experts in the field.

World-class research Laboratory

 ADAMA will also be investing in a world-class research laboratory that will be established in the School of Chemistry, where the program’s research and experiments will be carried out. ADAMA will award scholarships to 25 students from a range of disciplines such as chemistry, materials engineering, plant sciences and others, who will earn their advanced degrees with specialization in delivery and formulation. Students will have access to ADAMA’s state-of-the-art laboratories to conduct experiments and will receive practical training from the Company’s research people. 

This initiative is also tied to ADAMA’s vision for the next generation of crop protection formulations. These products are anticipated to deliver better efficacy to control crop disease, combat resistances and enhance farm yields and food supply while requiring less usage of crop protection active ingredients thus reducing their footprint on the environment and in the food chain.

 Chen Lichtenstein, President and CEO of ADAMA says, “ADAMA recognizes that its success in the competitive global market relies on research and development capabilities as a driver of strategic growth. The international delivery and formulation research center we are inaugurating at Tel Aviv University will enable us to together train the finest researchers in the field, thus preparing them to join the ranks of the agrochemical industry for the benefit of the development of groundbreaking products that deliver a response to the challenges currently facing world agriculture.” 

“This collaboration will contribute significantly to the advancement of research and teaching in the spheres of chemistry, food, agriculture and crop protection, which will be a great boon for Israel,” says Prof. Ariel Porat, TAU President.

 Prof. Roey Amir of the School of Chemistry and Head of the ADAMA Center for Innovative Crop Protection Solutions at TAU added, “In the past few years there has been a demand for the development of smart agriculture, which will help minimize quantities of crop protection substances while enhancing their efficacy through novel delivery systems, similar to what is currently taking place in biomedical research. Establishment of the Center will enable us to work, together with ADAMA, on training the future generation of scientists who will lead the field in Israel and worldwide.”

 

About ADAMA 

ADAMA Ltd. is one of the world’s leading crop protection companies. We strive to Create Simplicity in Agriculture – offering farmers effective products and services that simplify their lives and help them grow. With one of the most comprehensive and diversified portfolios of differentiated, quality products, our more than 7,000-strong team reaches farmers in over 100 countries, providing them with solutions to control weeds, insects and disease, and improve their yields.

A year ago, ADAMA inaugurated an innovative research and development campus in Neot Hovav, accommodating over 100 researchers. Dozens of collaborations are underway at the Campus with researchers and academics specializing in chemistry, agronomy, agriculture and other disciplines. The Campus is an integrated complex that includes all development phases, from basic chemical research through the development of production processes for active substances to the end product, ready for use by the farmer.

 

 

The collaboration between ADAMA and TAU will

Agro chems – Pesticides, R&D

Bionema Ltd, a biopesticide technology developer, has launched a biocompatible wetting agent – NemaSpreader® – that increases the efficacy of beneficial nematodes up to 30%. 

NemaSpreader® is a specialist wetting agent that helps beneficial nematodes to spread and thrive, with the aim of controlling soil and foliar insect pests. Having proven its efficacy as part of Bionema’s unique solution of NemaTrident® nematode products, NemaSpreader® is now available as a stand-alone wetting agent for biopesticide solutions. 

With the ecological consequences of food production and agricultural practices coming under increased scrutiny, there is growing public and government support for natural alternatives to harsh chemical pesticides. Biopesticides are one alternative – these products are created from highly virulent strains of naturally occurring microorganisms – including beneficial nematodes (e.g. Heterorhabditis and Steinernema species) that attack and destroy the larvae of insect pests. They are safe, non-toxic to users and consumers, and can be targeted at specific pests to avoid harming beneficial insects. 

About  NemaSpreader® 

NemaSpreader® has been incorporated as the ‘soil conditioning’ part of Bionema’s unique solution of NemaTrident® nematode products for natural insect pest control since 2017. It improves the water holding capacity (moisture) of soil/growing media and encourages maximum dispersal so the nematodes are better able to find, attack and control insect pest larvae. In field trials conducted over 2 years on golf courses, sports fields, lawns, soft fruits, ornamentals and forestry it enhanced the performance of beneficial nematode species, leading to 20-30% higher control than existing products on the market. 

Dr Minshad Ansari, Founder and CEO of Bionema, said: “Our unique solution, which includes NemaSpreader® wetting agent, a highly virulent strain of beneficial nematodes, and specialist training and advice for our customers, provides an effective and versatile approach for controlling a range of insect pests, including chafer grubs, black vine weevil, leatherjackets, mole crickets, caterpillars, cutworms, etc.” 

NemaSpreader® is formulated with polyglycol-based surfactants and soil penetrants, and it is compatible with beneficial insect-parasitic nematodes. Many wetting agents commonly used are unsuitable for use in combination with active biopesticides. Therefore, as the market for biopesticides grows in response to public and policy demands, so will the need for products such as NemaSpreader®, which have proven biocompatibility. 

Bioprotector Technologies

Dr Ansari added: “Leveraging new bioprotector technologies is key to addressing consumer demand for growers to eradicate the use of harsh chemical pesticides in crop production. As well as developing our own range of biopesticides based on beneficial nematodes and insect-killing fungi. We support other companies in the development and commercialisation of novel bioprotection products. Launching NemaSpreader® as a standalone wetting agent adds to the many ways in which we already support other innovators, by allowing us to offer a wetting agent that is broadly compatible with a number of biopesticide solutions.”

 What are biopesticides?

Biopesticides are the natural alternative to toxic chemicals – plants, bacteria, fungi and minerals for the control of insect pests which attack food and other crops of all kinds.  They are less toxic than chemical pesticides, decompose rapidly and can be targeted at specific pests to avoid harming beneficial insects. 

About Bionema

Bionema is a leading biopesticide product testing and technology development company, specialising in chemical-free, organic crop protection. Research is focused on the development of natural products to protect crops from insect damage, reducing the use of synthetic pesticides, enhancing food security and increasing crop yields. Bionema supplies specialist bio-control products to the horticulture, turf and amenity and forestry sectors, providing training aimed at increasing the product efficacy.

 

 

 

 

 

Bionema Ltd, a biopesticide technology developer, has

Acquaculture, Agro Universities, E-commerce, Live Stock, R&D

The study indicates the depth of the crisis existing the marine fisheries sector of the State due to decrease in sardine catch.

Small-scale fishers in Kerala have suffered a huge financial loss owing to the decline in catch of oil sardine, said a study, indicating the depth of the crisis existing the marine fisheries sector of the State. 

“Following the decrease of oil sardine, the livelihood security of small-scale fisher-folk in the outboard ring seine category were much affected with more than 50 per cent of the fishing efforts were reducing since 2014,” said CMFRI Senior Scientist N Aswathy while presenting the findings at a symposium. This caused shooting up of unemployment in the coastal villages.

The findings of the study carried out by the researchers in Central Marine Fisheries Research Institute was presented at the international symposium on marine ecosystems held at the CMFRI. 

 Due to the dwindling catch, the average sardine price rose from Rs 47 to Rs 120 in retail markets. Even as the fish price increased, the gross value of sardine was decreased from Rs 1219 crore to Rs 925 crore at retail level. The average net returns of outboard ring seiners were considerably reduced from Rs 12,000 per fishing trip to Rs 2500 during 2014-18. During this period, the oil sardine landings in Kerala declined from 2.5 lakh tonnes to 77,000 tonnes, recording an annual average decline of 19.82 per cent, she said. 

A record catch of nearly four lakh tonnes of oil sardine was registered in the State in 2012, but gradual decrease was recorded in the landings during the following years. Even though a slight increase was recorded in 2017 compared to the previous year, the sardine catch went down to 77,093 tonnes in 2018.

The study indicates the depth of the

E-commerce, Finance, Live Stock, Start ups, Trade

The round was led by Singapore-based Vertex Growth Fund, along with existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund.

 Banglore based  gourmet meat start-up Licious, the fresh meat and seafood brand, has received a Series E funding round of $30 million. With the current round of fundraising, Licious has achieved the rare feat of attracting the highest funding in the industry, which puts them at the driver’s seat for transforming the way India experiences meat. 

The company, over the last four years, has been elevating the industry standards across sourcing, production and customer experience while positively impacting lives of livestock farmers and fishermen through creating quality benchmarks, providing training and economic stability.

 The funds raised through Series E will be deployed towards expanding presence in a greater number of Indian cities, augmenting capabilities in existing markets, strengthening omnichannel presence and powering new product launches, especially in the ready-to-eat category.

 It will also focus on upgrading the Indian meat and seafood ecosystem by bolstering technological intervention, expanding its pool of employees and training them on niche skills that the industry needs.

 “We are elated to see our marquee investors instill faith in our vision,” said Vivek Gupta and Abhay Hanjura, co-founders, Licious. “The results and the overall industry impact that we have been able to achieve demonstrates the increasing maturity of the market and that it is at the cusp of a major transformation,” they said.

 

“We are not just aiming at achieving success as a business but creating an unprecedented and consistent experience for all our stakeholders,” Gupta and Hanjura said.

“The fact that 92 per cent of the Indian meat and seafood industry is still unorganized, indicates the huge, underserved community that exists, as well as the opportunity that this sector has to offer,” they added.

 Gupta and Hanjura said, “The traditional meat and seafood industry are in dire need of tech intervention, quality standardization and a skilled talent pool.” 

Tam Hock Chuan, managing partner, Vertex Growth, stated that Licious was building a company and brand that was synonymous with the freshest meat and meat products.

 “We are confident that the team’s capabilities and technologies it has established across its entire supply chain will achieve this and allow Licious to deliver value to consumers in India,” he added. 

“Licious is leading the transformation of the traditional meat and seafood industries to become the premier brand of choice,” said James Lee, managing partner, Vertex. 

“The market opportunity is exciting, fuelled by India’s favourable economic trends like rising per capita income and urban consumption trends. We are privileged to support the team as they expand and advance on their mission of bringing the best meat possible to consumers,” he added. 

The current meat and seafood market is estimated at $40 billion. Licious is present in seven cities and processes more than 17,000 orders a day. This 2,000-employee strong company is touted as the fastest-growing consumer brand in India and is all set to be India’s first consumer unicorn brand.

 “The company has clocked in a healthy growth rate of 300 per cent y-o-y (year-on-year) and aims to reach a target of Rs 1,000 crore by 2023,” said the company.

The round was led by Singapore-based Vertex

E-commerce, Seeds, Trade

The demand for several instant food ingredients including sweet corn, has propelled the demand for sweet corn seeds in the value chain.

According to the latest Report of www.seedworld.com, demand of sweet corn seeds is expected to grow exponentially and is projected to create an absolute dollar opportunity of $216 million during forecast period 2019–2029. Growing vegetables seeds market is projected to propel the growth of sweet corn seeds market across the globe. Global sweet corn seeds market accounts for around 6% of the vegetable seeds market and is projected to grow at a higher rate at 5.6% as compared to vegetable seeds market, during the forecast period.

Increasing demand  from processed food industry 

Steady increase in urbanization and growing penetration of organized retail, has led to constant increase in demand for fast foods such as noodles and soups. Manufacturers of such products have responded proactively to this consumer trend by introducing various instant food brands to populate retail shelves. This has consequently augmented the demand for several instant food ingredients including sweet corn, which has further propelled the demand for sweet corn seeds in the value chain. 

Key Takeaways of the Global Sweet Corn Seeds Market : 

Hybrid certified sweet corn seeds

Hybrid certified sweet corn seeds segment accounts for more than 60% market share and is expected to indicate a rising growth curve in sweet corn seeds market during period of forecast 2019 – 2029. This can be attributed to the increased cultivation of sugary varieties of sweet corn which are produced with the help of hybrid certified sweet corn seeds.

Yellow sweetcorn seeds

Yellow sweet corn seeds category is a major contributor to global sweet corn seeds market and is projected to grow 1.6X over period of forecast 2019 – 2029, owing to increased consumption of yellow sweet corn in United States, Europe and Asian countries in the past-half decade.

North America and Europe sweet corn seeds market together hold more than half of market share. However, South Asia and East Asia are projected to grow at a higher CAGR than the global average.

South Asia sweet corn seeds market to hold more than 10% market share in terms of value and likely to gain 300 BPS over forecast period 2019 – 2029.

  Strategic Expansion of Market Players to Point to Further Consolidation

Syngenta AG is the market leader and has plans to export sweet corn seeds to different regions directly from company’s breeding and production facilities. The company has recently received export approvals from Europe and positive scientific inputs from European Safety Authority in 2018. Moreover, company has received approvals for export of its new products to 15 countries such as Brazil, China, and Australia which will help to increase its share in global sweet corn seeds market.

 

Vilmorin & Cie has been focusing on expansion through acquisition where company has acquired AdvanSeed from Denmark in August 2018. AdvanSeed focuses on breeding, production and sales of vegetables seeds including sweet corn seeds which has helped the company to increase its market share in the global sweet corn seeds market.

The demand for several instant food ingredients

Agrotech, IT, Start ups

Strengthening Programs with Data. Good agriculture starts with good information. The rapid growth in the number of smartphones throughout the world, particularly in rural areas, offers the possibility of making more agricultural knowledge accessible to small-scale farmers. Support for these small-scale farmers improves their productivity and income and also encourages the introduction of sustainable farming methods.

These apps support organizations to increase their impact.The apps are built from a farmer perspective with practical advice that is easily applicable to their crops. Data is gathered and used to make predictions and support management decisions of farmers and affiliated companies.

Customized advices on cultivation pop up daily. They are based on individual information provided by the farmer (size of the field, type of variety, season, irrigation method etc.) and real-time weather data. All recommendations were prior tested and approved through participatory technology development with farmers.

The app provides the users, with practical support. This entails:

  1. Pest and Disease Management: Based on pictures provided by the farmer, pests and diseases in the field can be identified. However, compared to similar products or apps, the Smart Farming App focuses on preventing diseases before they break out instead of acting when it is too late. This is done –based on weather data and planting date – through guidance on effective, preventative and sustainable pesticide use.
  2. Irrigation: No more wasting of water – the app calculates individual irrigation needs, based on the farmer’s input and on hourly weather forecasts for the upcoming five days.
  3. Pre-Sowing: Which varieties are suitable for my field? How can I determine the correct spacing for my sowing? Ask the app!
  4. Fertilization: Based on calculations of nutrient requirements of the crop at the targeted yield, an individual fertilizer schedule will be provided.

SmartFarming support programs on closing yield gaps, nutrition, certification, better farming practices, sustainability, value chain improvement and more. We make sure farmers have the best agronomic information in the palm of their hand enabling you to effectively reach thousands and strengthen your (training) programs with data. If you are a farmer or extension agent SmartFarming is your reliable source for problem identification, problem control, future problem prevention and better crop yield. Our tool guides you with proactive information on all steps needed for the highest yield. SmartFarming is a dynamic tool changing based on the recommendations of a community of plant science experts and farmers at a local and global level.

Vision 2020

SmartFarming currently have tailor-made solutions for potato, coffee and cotton in India. Commissioned by international partners. And executed by local users directly working with farmers on a regular basis. SmartFarming dreams of a service that serves millions of farmers and hundreds of agricultural businesses with smartphone solutions that make agriculture more sustainable and raise living standards. 

Strengthening Programs with Data. Good agriculture starts with

Agro chems – Fertilizers, E-commerce, R&D, Trade

The new-generation fertilizers will be sold in the market under its brand – ’AGRO’

 

 

In  order to encourage  the use of high-grade agri-inputs, the Gujarat Agro Industries Corporation (GAIC) has launched imported water-soluble fertilizers in Ahmedabad.

The state agency, which promotes agro-based industries in Gujarat, has already imported 300 tonnes of water-soluble fertilizers from China.

GAIC’s role will be to import, package and sell the imported water-soluble fertilizers to the farmers through its network of dealers across the State. The new-generation fertilizers will be sold in the market under its brand – ’AGRO’. It also plans to launch customised grades of stage-specific and crop-specific fertilizers.

GAIC Chairman Madhu Shrivastav launched the water-soluble fertilizers at an event held in Ahmedabad on Thursday. He emphasised on the need for precision agriculture and use of high-grade agri-inputs for improving the yield and quality for better remuneration.

“Gujarat has become a frontrunner State in terms of area under drip irrigation system. The use of water-soluble fertilizers will be the next step for precision agriculture and to produce fruits and vegetables matching global standards. We are confident that farmers will give good response to our latest offering,” he stated.

The water-soluble fertilizers that were launched include, AGRO MKP, AGRO NOP, AGRO MAP, AGRO NPK, AGRO CN, AGRO SOP.

 

 
 

 

 

 

 

The new-generation fertilizers will be sold in

Agro Universities, R&D

 The project aims to assure the higher prices to the farmers than the Minimum Support Prices (MSP). 

 

 

 

The ICAR-Central Institute for Research on Cotton Technology, Mumbai launched a Pilot Project for trading of the seed cotton on the basis of lint realization or Ginning Percentage (GP) in recent. The project has been launched in association with the major Cotton Mandi of Central India that is, Agricultural Produce Market Committee (APMC), HinganghaCt, Wardha, in Maharashtra.

 The Pilot Project is being implemented under the leadership of Dr. P.G. Patil, Director, ICAR-CIRCOT, and Mumbai through the Institute’s Ginning Training Centre at Nagpur. 

Conventionally, the seed cotton is traded irrespective of the lint percentage that is a major price deciding component. With an aim to empower the farmers with the additional benefits, the ginning percentage in the project will be determined on laboratory model ginning machines supplied by the ICAR-CIRCOT before auction in the APMC. The premium rates are offered over and above 34% ginning percentage. One percentage increase in GP will fetch minimum additional premium rate of Rs. 100/-per quintal.

Around 200 farmers were present during the launching of the Pilot Project.

 The project aims to assure the higher

E-commerce, R&D

In dryland or under irrigation, FibreMax Cotton seed brings high yield potential and good fiber quality potential.

 

 Over the past year, as part of the BASF Agronomic Performance Trial (APT) program, growers have been testing cottonseed varieties on their farms to help meet some of their most difficult challenges. BASF announced at its second annual APT Summit this week the advancement of one new FiberMax cotton seed variety for the 2020 season – FiberMax 2202GL. 

“In dryland or under irrigation, FM 2202GL brings high yield potential and good fiber quality potential, even under pressure from Verticillium wilt,” says Kenny Melton, Western Region agronomic manager with BASF. “With good tolerance to drought and outstanding Verticillium wilt tolerance, this new variety will be an excellent fit in the High Plains.”

 In addition to the advancement of FM 2202GL, BASF wants to remind growers of the three new Stoneville cotton seed varieties released in mid-2019: ST 4990B3XF, ST 5610B3XF and ST 4480B3XF.

“We’ve seen some really great performance in the 2019 season with all three varieties, both across the Cotton Belt and in more regional-specific areas,” says Scott Asher, Eastern Region agronomic manager at BASF.

As growers enter the 2020 season, selecting varieties with good seed quality and early season vigor are important considerations to help ensure a strong start to the season.

 “ST 4990B3XF is a variety that we see fitting a broad footprint across the Cotton Belt,” says Asher. “It has shown strong performance on the high-producing ground in the Delta, across to the Mid-Atlantic and down to the Southeast. It’s also performed well in the Rolling Plains of Texas and on irrigated ground in Oklahoma.” Asher says for growers on high-production ground, the variety is easy to manage in terms of growth and development, even under intense management on these acres. ST 4990B3XF also provides the strong emergence and early-season vigor growers have come to expect from Stoneville varieties, which is crucial when planting early or when establishing a stand under stressful conditions.

 “ST 4990B3XF is a variety that we see fitting a broad footprint across the Cotton Belt,” says Asher. “It has shown strong performance on the high-producing ground in the Delta, across to the Mid-Atlantic and down to the Southeast. It’s also performed well in the Rolling Plains of Texas and on irrigated ground in Oklahoma.”

Asher says for growers on high-production ground, the variety is easy to manage in terms of growth and development, even under intense management on these acres. ST 4990B3XF also provides the strong emergence and early-season vigor growers have come to expect from Stoneville varieties, which is crucial when planting early or when establishing a stand under stressful conditions.

 

For those in the full-season, non-irrigated areas of the Southeast where limited moisture can often occur, ST 5610B3XF has demonstrated the yield stability a grower is looking for under those stressful conditions. The variety has also shown the ability to produce a good stalk under difficult and dry conditions, but has also responded well to management when more favorable conditions occurred.

 

“With its plant type, boll type and maturity, ST 4480B3XF is suited well for the shorter growing season areas of West Texas, Oklahoma and Kansas,” says Melton. “However, in testing it has also performed well in the Northern Delta, especially in areas where late planting occurred and its early maturity helped to produce a successful crop.”

In dryland or under irrigation, FibreMax Cotton

R&D

ADAMA and Tel Aviv University Collaborate to Establish a First-of-a-Kind Research and Teaching Center for the Development of Innovative Crop Protection Solutions

ADAMA Ltd. leading global crop Protection Company and Tel Aviv University (“TAU”) launched a unique research and teaching program on active substance delivery and formulation, an innovation and growth driver in the worlds of agriculture and crop protection. The innovative study program will be taught at The ADAMA Center for Novel Crop Protection Delivery Systems at Tel Aviv University.

The collaboration between ADAMA and TAU will combine the worlds of industry and academia, training advanced degree research students of chemistry, life sciences and engineering in the delivery and formulation of active crop protection substances, a field in desperate need of more experts.

Dr. Elad Shabtai, VP Innovation, Development, Research and Registration at ADAMA, explains that to date, specialization in delivery and formulation could only be acquired by people already working in the industry and could not be studied as a profession, or experience acquired, in academic institutions anywhere in the world, leading to a growing shortage of experts in the field.

ADAMA will also be investing in a world-class research laboratory that will be established in the School of Chemistry, where the program’s research and experiments will be carried out. ADAMA will award scholarships to 25 students from a range of disciplines such as chemistry, materials engineering, plant sciences and others, who will earn their advanced degrees with specialization in delivery and formulation. Students will have access to ADAMA’s state-of-the-art laboratories to conduct experiments and will receive practical training from the Company’s research people.

This initiative is also tied to ADAMA’s vision for the next generation of crop protection formulations. These products are anticipated to deliver better efficacy to control crop disease, combat resistances and enhance farm yields and food supply while requiring less usage of crop protection active ingredients thus reducing their footprint on the environment and in the food chain.

Chen Lichtenstein, President and CEO of ADAMA says, “ADAMA recognizes that its success in the competitive global market relies on research and development capabilities as a driver of strategic growth. The international delivery and formulation research center we are inaugurating at Tel Aviv University will enable us to together train the finest researchers in the field, thus preparing them to join the ranks of the agrochemical industry for the benefit of the development of groundbreaking products that deliver a response to the challenges currently facing world agriculture.”

“This collaboration will contribute significantly to the advancement of research and teaching in the spheres of chemistry, food, agriculture and crop protection, which will be a great boon for Israel,”
says Prof. Ariel Porat, TAU President.

Prof. Roey Amir of the School of Chemistry and Head of the ADAMA Center for Innovative Crop Protection Solutions at TAU added, “In the past few years there has been a demand for the development of smart agriculture, which will help minimize quantities of crop protection substances while enhancing their efficacy through novel delivery systems, similar to what is currently taking place in biomedical research. Establishment of the Center will enable us to work, together with ADAMA, on training the future generation of scientists who will lead the field in Israel and worldwide.”

ADAMA and Tel Aviv University Collaborate to

Acts & Schemes – Centre, E-commerce, Oilseeds, Trade

An importer will require license for import the RBD Palm Oil and RBD Palmolein as per imposed restriction.

 Considering repeated demands from solvent processors to protect the interests of domestic refiners, the Centre on Wednesday placed restrictions on the imports of refined palm oils.

The Central government on Wednesday imposed restrictions on imports of refined palm oil.

According to a notification of the Directorate General of Foreign Trade (DGFT), “import policy” is amended from “free to restricted” for refined bleached deodorized palm oil and refined bleached deodorized palmolein. The decision applies to RBD Palm Oil and RBD Palmolein imports under the HS code of 15119010 and 15119020 category.

What is Imposed restriction?

Putting the commodity in restricted category means an importer will require license for import the RBD Palm Oil and RBD Palmolein. India imports about 70 per cent or 16 million tonnes of its annual 24 million tonnes of edible oil requirements. The Solvent Extractors’ Association of India (SEA) President Atul Chaturvedi issued a statement thanking the government on the decision.

 Current Oil Import Scenario

India, the world’s largest importer of vegetable oils, buys nearly 15 million tonnes annually. Of this, palm oil comprises 9 million tonnes and the rest 6 million tonnes is soybean and sunflower oil.

Indonesia and Malaysia are the two countries which supply palm oil. Malaysia produces 19 million tonne of palm oil in a year, while Indonesia produces 43 million tonne, the trade data showed.

 

 

 

 

An importer will require license for

Agro chems – Pesticides, E-commerce, Trade

Acquired three insecticide brands will help the company to generate an additional revenue of about Rs 50 crore annually.

Agro-chemical firm Crystal Crop Protection Ltd  has recently  stated that it has acquired three insecticide brands from US-based Corteva  Agriscience, which will help the company to generate an additional revenue of about Rs 50 crore annually.

The company has seven manufacturing plants in Gujarat, Maharashtra and Haryana. It posted a net profit of about Rs 130 crore over a turnover of around Rs 1,400 crore during the last financial year. 

“We have acquired three premium insecticides brands Dursban, Nurelle-D and Predator brands in India from Corteva Agriscience”, said Ankur Aggarwal, MD Crystal Crop.This is Crystal’s fifth acquisition in last two years and is part of the company’s strategy to diversify product portfolio and widen its market presence, he added.

Startegic Aquisistion

“This acquisition is a part of Crystal’s strategy to add value to its business and ensure growth for all its stakeholders. We believe such strategic acquisitions would improve our competitiveness, further help in diversifying our product portfolio and thus strengthen our market presence across India,” Aggarwal said.

Aggarwal also added that these three brands would give Rs 40-50 crore revenue annually.

 Corteva Agriscience is a major American agricultural chemical and seed company. Originally an agricultural unit of DowDuPont, it later became one of the major stand-alone agricultural organizations in the world.

About CrystaI Crop

In 2018, Crystal acquired a specialty chemicals manufacturing facility at Nagpur from Cytec India. After that it acquired Indian grain sorghum, pearl millet and fodder sorghum seeds business from Syngenta India, followed by the acquisition of four brands namely Furadan, Splendour, Affinity Force and Metcil from FMC India Limited.

Crystal also bought three brands from Syngenta, namely Tilt, Proclaim and Blue Copper. In 2016, it had signed an agreement with Germany’s BASF SE to acquire the brand Bavistin for use in India.

Crystal Crop Protection had acquired Hyderabad based company Rohini-Seeds and Rohini Bioseeds and Agritech in 2011.

 

Acquired three insecticide brands will help the

E-commerce, Machinery - Pre-harvesting, Machinery – Post-harvesting, Trade

The company has observed a 132.5 per cent growth in exports by shipping 2,358 units, and secures a market share of 32 percent, during the month under review. 

Sonalika Tractors, one of the world’s leading integrated tractor manufacturing com witnesses an uprising growth in its sales. The company’s domestic sales grow 20.7% to 7,320 units in the month of December, 2019. The homegrown brand Sonalika tractors freighted 6,066 units in the same month last year. 

Raman Mittal, Executive Director of Sonalika Group sharing the tales of their spectacular growth journey said, ” The overall market share of 14.7 per cent along with volume growth of 20.7% is an indication of the improving consumer sentiments and our strong foundation of market activations, strengthening channel presence and new product launches, Together with our channel partners and employees, we shall continue to achieve new milestones of market share in the times ahead.” 

“With the onset of the new year, we anticipate a positive consumer demand and industry to rebound on the back of rising alternate usage of tractors, ease of finance availability coupled with government’s rural thrust,” Mittal further added.

The company has a global presence in 120 countries and some of its most demanded categories across the world are Sikander series, MM series, and DI/RX series.

The company has observed a 132.5

Agrotech

Cocoa for Generations is how Mars intends to step-change efforts, lead the way and invite others to partner with them in a new approach to increase farmer income, protect children and preserve forests today, and crack the code on a model of modern sustainable cocoa farming for tomorrow

Global demand for cacao is expected to grow at an annual rate of approximately 5% for the foreseeable future.   In the past, increasing demand has been met by increasing the total acreage under cacao cultivation.   However, this approach has come at a high cost in terms of deforestation and environmental degradation. As part of its Cocoa for Generations strategy, Mars Incorporated has committed to meeting  its future cacao needs through a 100% sustainable supply-chain.   

Cocoa for Generations is how Mars intends to step-change efforts, lead the way and invite others to partner with them in a new approach to increase farmer income, protect children and preserve forests today, and crack the code on a model of modern sustainable cocoa farming for tomorrow. Achieving a 100% sustainable supply-chain  will not be an easy task – especially since the cacao crop will increasingly compete  with other crops such as oil palm and rubber for available farmland.  Improved agronomic practices will help achieve this goal, but alone will not be sufficient.  

The key will be to significantly increase the  genetic potential of cacao to produce higher yields and improved quality on the same or even less farmland.  With this goal in mind,  Mars has engaged Nature Source Improved Plants (NSIP) in a collaborative project to accelerate the development of new cacao varieties with higher yields, increased disease resistance and improved quality. 

Nature Source Improved Plants (NSIP)  is an advanced optimization analytics company located in New York, USA and Chiapas, Mexico; and dedicated to the conservation,  evaluation and utilization of natural genetic resources to deliver  high performing plant materials and creating value and efficiency through innovative and  sustainable cutting-edge technologies for the global community. 

Cocoa for Generations is how Mars intends