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AgroPolicy, Agrotech, Foodgrains, India

Agriculture sector is growing at a fast pace, and we need to have frameworks to strengthen the eco-system in the agriculture sector.

“The government is devising a model for development of the agriculture sector under the PPP mode. It will allow the private sector to work with the government for the benefit of the farmers. Due to the increasing demand coming in the maize sector in coming years, we would require a quantum jump in our production to the level of 40-45 million tons in the next 4-5 years. We also need to systematically understand the wastage and losses in the entire value chain and solve it,” said Manoj Ahuja, Secretary, Department of Agriculture and Farmers Welfare, Govt of India. Ahuja was addressing the 9th edition of ‘India Maize Summit 2023’, organized by FICCI in New Delhi.

 Ahuja also emphasized that agriculture sector is growing at a fast pace, and we need to have frameworks to strengthen the eco-system in the agriculture sector. We need to have workable frameworks in which we can work together in a collaborative and easy manner. It will bring more ease of doing business, certainty, clarity and transparency while working with the government,” he added.

 Abdul Sattar, Minister of Agriculture, Govt of Maharashtra said that Maharashtra government is committed to support the industry coming forward to support the welfare of farmers and agricultural sector. “The state government will provide all necessary support to the industry along with providing financial support and connecting with the farmers. Through this process we can also increase farmers income by increasing the maize production,” he stated.

The Minister further added that Maize is a safe and secure crop since it is less perishable as compared to other crops. “We must work to motivate farmers to move towards maize production,” he emphasized.  Sattar also highlighted the need to work together to create a system for maize storage and stocking. The role of industry, government and other agencies will be key in this, he noted.

Mr TR Kesavan, Chairman, FICCI National Agriculture Committee & Group President, TAFE said that we must look at establishing Centre of Excellence for mechanization in agriculture sector which will be crucial for India.

 Anuja Kadian, Government & Industry Affairs Director, Asia Pacific, Corteva Agriscience said that a sustainable roadmap to strengthen maize value chain needs a holistic approach and is need of the hour. Adoption of new seed technologies by farmers will take Indian maize to next level. She also highlighted that multi-stakeholder approach with the coming together of policymakers, research institutions and the private sector to develop strong foundation to meet future demand of maize is imperative.

 Sunjay Vuppuluri, Head-Food & Agribusiness Strategic Advisory & Research segment, YES BANK shared the insights on FICCI- YES BANK knowledge report. He highlighted that for India to meet the growing demand for maize and remain competitive in the global market, it is essential to promote innovative technologies and practices across the maize ecosystem.

Agriculture sector is growing at a fast

Agro chems – Chemicals, Agrotech, Award, Company News, India

Rallis India is currently exporting to 50 countries with key markets across Europe, Asia, Middle East, Americas, Africa and Oceania.

Rallis India Limited has been conferred with the Bronze Award at the 47th Chemexcil Exports Awards organised by the Chemicals Export Promotion Council (Chemexcil) for its export performance in the category of large-scale manufacturers for 2018-19. The award ceremony was held in Mumbai earlier this week.

The award recognizes Rallis India’s performance in the chemical export industry and its significant contribution to the Indian economy. Anupriya Patel, Union Minister of State for Commerce and Industry presented the award to Rallis India.

Sanjiv Lal, Managing Director and CEO of Rallis, said, “In the coming years, our focus on exports will continue to increase. India is positioned to become a leading exporter of agrochemicals. With many products going off-patent, India has an opportunity to take the lead with production of crop protection products. Our focus on quality has helped us become a trusted partner for many international players. It is gratifying to see the work of our team being recognized.”

Rallis India is currently exporting to 50 countries with key markets across Europe, Asia, Middle East, Americas, Africa and Oceania. The company has been focusing on investing in registration to enhance export revenue from existing as well as new markets.

Chemexcil is a statutory body set up by the Government of India to promote and develop the export of chemicals and allied products from India. The council has been instrumental in promoting Indian chemicals and allied products globally, and the awards instituted by Chemexcil are highly prestigious in the Indian chemical export industry.

Rallis India is currently exporting to 50

Agrotech, Company News, Finance, India, Start ups, Supply Chain, Warehousing

With unique Fintech service offerings for smallholders, the firm records over 4X growth in loan disbursals

Arya.ag, India’s largest and only profitable agritech platform at scale, announced its milestone of crossing Rs 1000 crore worth of loan disbursals in a single year through its fintech platform – Aryadhan. With the objective of providing ‘financial inclusion through ease of finance’ to smallholders, Arya. ag’s built-in digital capabilities support their immediate liquidity requirements, enabling a good harvest season.

Over the last 3 years, Arya.ag has been able to grow its loan disbursals from Rs 281.63 Cr in FY 2021 to Rs 1015.76 crore FY 2023.

The core of Arya. ag’s strategy lies in digitizing stored produce into an electronic balance that can be stored, offered as security for a loan, or sold at the click of a button. Borrowers can then avail of a loan on their produce without the need to sell it to generate cash flows with Arya. ag’s first-of-its-kind single-click agri loan, Insta-Loan. Seamless facilitation of credit also helps de-link farmers from non-institutional sources where they are compelled to borrow at steep interest rates.

Arya.ag also provides loans to Farmer Producer Organisations, Arya Mitr, with a Line of Credit to make quick and hassle-free payments to their farmers and input suppliers for any transactions. Arya. ag’s technology stack built on IoT, analytics, AI, and ML, enables minimal transaction costs and an expedited turnaround time (TAT) for loan disbursements, making it a valuable offering for smallholders and FPOs (Farmer Producer Organizations) who can fend off all distress and maximise the value of each grain.

Anand Chandra, Co-Founder, Arya.ag says, “Our objective to attain cohesiveness between agricultural value chains, cutting-edge finance and technology to create a highly scalable offering continues to be our driving force. Our growth and profitability have further motivated us to reimagine the ecosystem. This milestone is a recognition of our efforts to further the financial inclusion of farmers into the formal economy.”

With its unique phygital model, Arya.ag has been more relevant in near farm locations where banks are largely averse to lending, citing risk considerations. Its unique value proposition continues to find increased relevance amongst Agri stakeholders. More than 98 per cent of all loans on Arya.ag are disbursed digitally, and the portfolio remains impeccable with near-zero NPAs.  Arya.ag has also launched a first-of-its-kind public agri blockchain ledger and is now in the process of moving its loan operations onto the blockchain.

With unique Fintech service offerings for smallholders,

Agrotech, Company News, World

This is the first step on a journey to more sustainable rice sourcing

Riviana Foods Inc., America’s leading rice company, announced Success Rice will partner with a group of farmers in Arkansas who are committed to sustainable rice farming. Working with SAI Platform’s Farm Sustainability Assessment (FSA), a toolset for farms and companies in agricultural value chains to help assess, improve, and verify on-farm sustainability performance, Riviana Foods can support the farmers’ engagement in sustainable farming practices. The company has committed to purchasing rice from these farmers (using a mass balance approach) in an amount that is equal to the volume of its Success white and brown rice consumption. This is the first step on a journey to more sustainable rice sourcing.

“We consider sustainable agricultural practices to be essential, not only from a good stewardship standpoint but also as a fundamental business principle,” said Erica Larson, Director of Marketing at Riviana Foods. “To ensure a better future, it is crucial we prioritise support for farmers who engage in sustainable practices.”

In utilising the insights provided through the FSA partnership, Riviana Foods can advance sustainable agriculture through focused farm support. By working with a group of local Arkansas farmers known as a Farm Management Group, Riviana Foods manages this group as their Farm Management Group Coordinator. These farmers grow rice that will be sourced by Riviana Foods and implement FSA Silver-level practices to create a sustainable operation that produces verified sustainably grown rice. The Farm Management Group can ensure their farming practices allow their farms to thrive through various means, like identifying clean and sustainable sources of renewable energy, soil management, water management, and air quality and emissions, to name a few. All of this is possible through the FSA acting as a governance mechanism, so that Riviana Foods has a third party verifying the Farm Management Group’s commitment to sustainability.

Supporting sustainable farming efforts is part of the Success Rice’s Growing for Tomorrow initiative. It’s also part of Riviana Foods’ five pillars of sustainability, which focus on reductions around Waste, Energy, Emissions, Water and Packaging.

This is the first step on a

Agrotech, Company News, R&D, World

Syngenta’s mission is to digitally connect farmlands across the globe to provide farmers with comprehensive analytics through its Biodiversity Sensor Project

KORE, a global leader in the Internet of Things (IoT) Solutions and pioneering IoT hyper scaler and provider of IoT Connectivity, Solutions and Analytics, announced its role in providing scalable, global IoT Connectivity to Syngenta to power a large-scale biodiversity project.

Climate change and overuse of the planet’s resources have taken a toll on biodiversity, with an estimated two-thirds decline in the global wildlife population over the last 50 years, according to reports published by the World Economic Forum.

Agriculture is dependent on a healthy, natural ecosystem supported by biodiversity. Without robust biodiversity, the disease can flourish, harming crops and livestock, and soil quality can also be adversely impacted.

“The data that is available through IoT solutions are incredible, and this in turn enables better analytics and incredible insights,” Romil Bahl, KORE President and CEO said. “Syngenta is making massive strides in tackling a major crisis in agriculture and KORE is grateful we can provide our resilient, global IoT connectivity to reliably connect these solutions in a lasting, scalable manner.”

Syngenta’s mission is to digitally connect farmlands across the globe to provide farmers with comprehensive analytics through its Biodiversity Sensor Project, which is intended to determine how agricultural practices and products can be used to protect biodiversity and, in turn, learn how biodiversity can be enhanced to protect crops.

“Our work helps farmers face the challenges of today’s changing world. Farmers must adapt to the effects of climate change, improve soil and enhance biodiversity, and respond to society’s views on food and agricultural technology,” said Kiran Joseph, Digital Product Manager of Sustainability for Syngenta.

Part of that is implementing biodiversity sensors in farmland across the globe. According to Joseph, Syngenta has already surpassed 200 hectares of digitally connected land last year, and those devices are already sharing information on the farmlands, the farming practices and the crops that they have. The goal is to reach 1 billion hectares over the next two to three years, and KORE has been a vital part of this initiative, providing global SIM cards through multiple connectivity carriers and also helping build a complete strategy through a unified, affordable approach to a complex global IoT connectivity solution.

Syngenta's mission is to digitally connect farmlands

Company News, Finance, India, Start ups

The total number of employees covered under ESOPs is 461 while the vesting period is four years.

Nashik based Sahyadri Farms, India’s largest integrated value chain owned by Small and marginal farmers has announced Employee Stock Ownership Plans (ESOPs) 2023 worth Rs 45 crore to its employees out of the total ESOPs pool created for an amount of Rs 70 crore.

With a total pool of four per cent of the total outstanding equity (before private equity round of Rs 310 crores in August 2022) of the company worth Rs 70 crore, the ESOPs plan was approved by the Board of Directors in March 2023.

Making the announcement Sahyadri Farms Chairman and Managing Director Vilas Shinde said, “Sahyadri Farms is the first of its kind organization to announce ESOPs in rural India. This scheme will include all our employees who have contributed in value creation for Sahyadri Farms growth. Inclusive growth and value creation for all stakeholders is a core philosophy of Sahyadri Farms since its inception. The organization is creating value for all its stakeholders, mainly the farmer shareholders along with consumers and employees”. Shinde added, Sahyadri Farms, which was started with the mission to ensure that the small-landholding farmers get fair compensation for their produce and labour, now has extended its welfare vision to its employees.

The total number of employees covered under ESOPs is 461 while the vesting period is four years. The board meeting was held in March 2023 to approve the proposed ESOP Plan.

ESOP plan 2023 includes the employees from junior to CXO level employees. The statement issued by Sahyadri Farms added it is the unique plan where everyone will be benefited irrespective of hierarchy. While many other companies focus on key managerial persons and CXO level employees, Sahyadri Farms has included all its employees in the plan. Sahyadri Farms hopes that ESOPs will strengthen the bond between the company and its employees. ESOPs will enable employees to own part of the company and lead to higher productivity and work satisfaction.

The total number of employees covered under

Award, Company News, World

Lotus Foods has led the way in promoting organic rice farming, rice biodiversity and farmers’ resilience

Lotus Foods, the leading heirloom and organic rice company announced Caryl Levine and Ken Lee Co-Founders/Co-CEOs have been honoured with a 2023 Momentum 100 Top Impact CEO Ranking. The award, from Big Path Capital, recognises Levine and Lee’s work leading the way in promoting organic and regenerative rice farming practices.

According to Big Path Capital, this year’s winners reflect the growing relevance of leaders who prioritise a broader set of stakeholders including the environment, their employees, their customers, their shareholders and their communities.

Rice sustains half the world’s population, and most are grown on small family farms. Producing it is hard on people and the environment. From the start, Lotus Foods tackled these challenges proactively. Since its founding in 1995, Lotus Foods has led the way in promoting organic rice farming, rice biodiversity and farmers’ resilience, and since 2008, creating incentives for growing methods that simultaneously mitigate climate change and empower women. For more about this work, Lotus Foods’ latest Impact Report can be viewed at lotusfoods.com.

“We’re honored to be named to this list of leaders changing the way business is done so that all stakeholders benefit,” said Levine and Lee. “Using our business to make positive change was our vision from the start and we are proud that we’ve been ably honoured in the world we live in and the lives of people.”

Lotus Foods has led the way in

Agro chems – Chemicals, Agrotech, Company News, India, R&D

The laboratory focuses on formulation support for crop protection, seed treatment and micronutrient formulations that are aligned with international methods.

Azelis, a leading innovation service provider in the specialty chemicals and food ingredients industry, is pleased to announce the opening of its newest laboratory for the Agricultural & Environmental Solutions (A&ES) industry in India. This advanced facility is an important milestone in the group’s commitment to innovation and providing formulation services to customers and principals.

The new laboratory is furnished with the latest equipment and staffed by a team of highly skilled and experienced agricultural technical specialists. The laboratory focuses on formulation support for crop protection, seed treatment and micronutrient formulations that are aligned with international methods and standards for formulations.

The opening of this A&ES laboratory, in addition to Azelis’ Pharmaceutical & Healthcare, Personal Care, Food & Nutrition and Coatings, Adhesives, Sealants & Elastomers (CASE) laboratories in India, allows Azelis India to deliver high-quality technical solutions to customers and principals across a range of industries.

Aparna Khurana, Azelis India Managing Director said, “We are thrilled to open this new laboratory and expand our agrochemical capabilities to better serve our customers and principals. By offering support across all stages of the formulation development process, we demonstrate how Azelis provides value-adding services in addition to our extensive portfolio of products. Our commitment to innovation has always been at the core of our business, and this new laboratory demonstrates our promise to continuously invest in expanding our innovation capabilities.”

The laboratory focuses on formulation support for

AgroPolicy, India, Pulses

Department deputed 12 senior officers to visit various places in the States of Karnataka, Madhya Pradesh, Maharashtra and Tamil Nadu to take stock of ground reality.

Senior Officers from the Department of Consumer Affairs visited 10 various locations across four States to interact and observe stock disclosure status of Tur and Urad during past days.

In this regard, Secretary, Department of Consumer Affairs, Rohit Kumar Singh took an internal meeting with these officers who visited major pulses markets and interacted with various market players. During the last week, apart from holding a meeting with All India Dal Mills Association at Indore by the Secretary, Government of India, on 15th April, 2023, the Department deputed 12 senior officers to visit various places in the States of Karnataka, Madhya Pradesh, Maharashtra and Tamil Nadu to take stock of ground reality.

The interactions with ground level market players and State officials revealed that while the number of registration and stock disclosure on the e-portal is increasing, substantial number of market players have either not registered or failed to update their stock positions on regular basis. It has been observed that stocks under transaction, like, farmer’s stocks lying in mandi for auction, stocks awaiting customs clearance at ports etc. escaped the current monitoring mechanism. Further, it has also been observed that millers and traders/dealers have resorted to holding their stocks in warehouses in the name of farmers in a deliberate attempt to escape stock declaration.

Senior officers of the Department visited various locations, namely, Indore, Chennai, Salem, Mumbai, Akola, Latur, Sholapur, Kalaburagi, Jabalpur and Katni and interacted with officers of the State Governments, millers, traders, importers and port authorities and conducted meeting with associations of millers, importers and traders. The market players were sensitized on the importance of stock declaration and have been asked to declare their stocks truthfully and regularly or else stringent action such as seizure and confiscation of undeclared stocks may be done by the State Government.

To improve the stock disclosure data, the Department is making certain changes in the e-portal https://fcainfoweb.nic.in/psp/ such as, incorporating text boxes for providing warehouse in which stock is held, provision for dealer/commission agent/mandi trader to upload stock data of farmer lying in his shop yard for auctioning etc.

The office bearers of Importers association informed that Traders from other States like Telengana, Rajasthan, Andhra Pradesh, and Karnataka are also importing Tur Dal from Chennai Port and requested clarification about their reporting in the State of Importers or in the State of receiving the import to ensure no duplication of data.It was clarified that the stocks should be reported in the State where it is physically available/stocked.

The Department has already directed State Governments and District Administrations to intensify the enforcement of stock declaration by conducting stock verification and take strict action on undisclosed stocks under relevant sections of the EC Act, 1955 and the Prevention of Black marketing and Maintenance of Supplies of Essential Commodities Act, 1980. States have also been asked to look into the data pertaining to FSSAI licences, APMC registration, GST registration, warehouses and custom bonded warehouses and encourage these entities also to report their declarations of stock in order to widen the coverage of market players.

Department deputed 12 senior officers to visit

AgroPolicy, Horticulture, India, Supply Chain, Trade

The announcement was made in a Joint Statement by the Australian Prime Minister and the Prime Minister of India in March 2023

Australian Hass avocados have received provisional access to the Indian market. New access was granted after Australia demonstrated that its high-quality avocados could meet India’s biosecurity and food import requirements.

10 trial shipments will be sent to India during the provisional access period. Full access will be granted if these shipments meet India’s import requirements.

New access was announced in a Joint Statement by the Australian Prime Minister and the Prime Minister of India in March 2023.

The Australian Government is working with the avocado industry to facilitate the ten-shipment trial.

India has a small but growing avocado import market. In 2021-22, India imported
A$4.8 million of avocados, up from A$2.4 million in 2020-21 and A$1.6 million in 2019-20.

Imported avocados are a high-end product in India. They are most likely to enter the hospitality and food service sectors.

India imports avocados from New Zealand at 41 per cent, the EU at 39 per cent and Peru at 17 per cent. All of these exporters are subject to India’s 30 per cent Most Favoured Nation (MFN) import tariff. Under AI-ECTA, tariffs on Australian avocados have been reduced and will gradually decline to 0.

The average import unit price of New Zealand avocados in India in 2021-22 was A$4.81/kg. This is lower than the average unit import price of Australian avocados in Hong Kong (A$5.57kg) and Malaysia (A$5.54/kg) but similar to Singapore (A$4.84/kg).

The announcement was made in a Joint Statement by

Agrotech, Company News, India, Start ups

Introducing the very first digital parametric insurance marketplace connecting carriers & customers.

New Delhi based Weather Risk Management Services (WRMS), an agriculture & climate risk management company, introduced SecuRisk to bridge the $160 billion global protection gap. SecuRisk is the digital-first global parametric insurance marketplace that supports product design, product validation, digital beneficiary onboarding, product education, policy purchase, claim management & settlement. The platform is backed by a proprietary global data stack and simple product education and capacity-building tools keeping the needs of low-income communities in mind. SecuRisk serves a diverse set of customers such as individuals, aggregators, development institutions, brokers on the demand side, and insurers and reinsurers on the supply side.

Whilst parametric insurance has had significant traction in Europe and North America, the parametric needle hasn’t moved much in emerging economies because risk carriers and the marketplace have limited access to expertise, resources, and data. Parametric Insurance is the need of the hour in emerging economies, but there are gaps like high product rollout time and cost, limited quality reliable data, and lack of product awareness. Thus, emerging economies fail to get significant and sustainable benefits from this solution.

“The global underinsurance gap is $160 billion, 96 per cent of which is in emerging economies; Asia accounts for over 85 per cent. The challenge is that traditional indemnity-based insurance solutions have not been able to fill this gap because they are data and resource intensive, expensive, and time-consuming which makes them unviable to cover small ticket risks relevant for these economies. The solution is Parametric Insurance, but while there has been significant traction in Europe and North America, the parametric needle hasn’t moved much in emerging economies.” said Anuj Kumbhat, Founder & CEO, WRMS.

Talking more about the platform Anuj Kumbhat added, “While designing this platform we had one thing very clear; it should be simple, transparent & easy to navigate to serve emerging economies & low literacy communities. The platform has an interface for insurers and reinsurance to evaluate and underwrite parametric policies. It also allows them to manage their portfolio risk and claims through the system. The customer-facing front-end also has a mobile application that enables the end-end parametric insurance policy lifecycle management for customers through a simple interface.”

Anuj further added, “Our comprehensive parametric insurance platform enables insurers to build, operate and monitor parametric insurance for global beneficiaries by leveraging our global data stack and integrated risk modeling. The platform supports secure and rapid underwriting and claims management and has simple product education and capacity building tools keeping the needs of low-income communities in mind.”

Introducing the very first digital parametric insurance

Company News, Environment, North America, Sustainability

As part of the company’s efforts to advance sustainable innovation, 90 per cent of new crop protection products and all new seed products now meet Corteva’s sustainability criteria.

Corteva Agriscience has released its 2022 Sustainability and ESG Report, providing an update on the commitments the company has made to address some of today’s most pressing environmental, economic and social challenges. The report details the company’s goals to help the world’s farmers be more productive and resilient, preserve biodiversity, reduce the climate impact of its operations and increase inclusion, diversity and equity (ID&E) within its workforce.

“Sustainability is at the heart of our business,” said Chuck Magro, Chief Executive Officer, Corteva Agriscience. “We are working to solve complex food and energy security challenges while preserving the long-term health and viability of farmland and other natural resources.”

As part of the company’s efforts to advance sustainable innovation, 90 per cent of new crop protection products and all new seed products now meet Corteva’s sustainability criteria, which are aligned to United Nations Sustainable Development Goals.

Additional sustainability efforts in 2022 include the purchase of Stoller Group and Symborg to position Corteva as one of the largest biological plant health companies in the world; receiving seven-year amended Environmental Protection Agency registrations for Enlist One® and Enlist Duo® herbicides; and the introduction of Sosdia™ Stress, a biostimulant that enhances crop resilience against stressors like drought, excessive heat or sunlight.

“Our Research and Development teams are focused on developing sustainable solutions that increase productivity and profitability potential while improving resilience to increasing weed, insect, disease, and extreme weather pressures and protecting our natural resources,” said Sam Eathington, Chief Technology and Chief Digital Officer, Corteva Agriscience. “Our innovation engine is delivering solutions that give farmers more options to improve yield potential and minimize inputs to build whole-farm systems that are strong and stable.”

Corteva is also making progress towards its Inclusion Diversity & Equity (ID&E) goals while continuing to build on its winning culture, including increasing the number of women in management roles by six percent and being named to Newsweek’s list of America’s Most Responsible Companies in 2022.

As part of the company's efforts to

Animal Health, Company News, Live Stock, Sustainability, World

Up to 90% reduction of enteric methane emissions from beef feedlot cattle

CH4 Global, announced a new proprietary methane-reducing digestive aide feed formulation for beef feedlot cattle called Methane Tamer Beef Feedlot. The product is the first in a line of products for a full suite of ruminant animals and farming approaches being developed under the Methane Tamer brand and will initially be commercially available to partners in Australia with global expansion coming in future years. 

With our patented innovations in operational efficiencies and formulation, CH4 Global has developed the highest quality, lowest cost and most efficacious product designed for and with the end user. This natural product includes the entire Asparagopsis plant, as used in independent peer-reviewed animal feed studies, and is not a synthetic replication of only one of the active ingredients or an extract from Asparagopsis. 

The new formulation reduces the formation of methane in the animal rumen, thanks to our star ingredient, Asparagopsis seaweed. When processed correctly, Asparagopsis has been scientifically proven to reduce methane emissions in cattle by up to 90 per cent without negative effects on animal welfare or beef quality taste or texture. Our proprietary formulation contains superior-quality Asparagopsis and other natural ingredients to support intake by feedlot cattle and easy inclusion in the feeding regimen. Benefits

“As we validate the business model with our initial partners – both the business model for us and for the farmers, we will expand to our next group of partners. Those that enable scaling in our launch market and initial expansion into new geographic markets.  The key to our model, and what we uniquely do, is to drive a cost structure that not only enables but also encourages usage of our product because it makes both economic and environmental sense to do so. It is also how we will achieve gigatonne scale impact before 2030,” said, Chris Rose, Chief Business Development Officer.

“What we have developed over the last four years is a platform that can quickly scale and be highly profitable.  In fact, this new approach, plus our filed IPs on novel ways to dramatically drive down costs of growing and processing Asparagopsis, while preserving the bioactivity of the final product, has ensured that we now have, without question, the lowest cost product on the market while maintaining the highest quality, natural/non-synthetic, product,” said, Steve Meller, CEO.

Up to 90% reduction of enteric methane

Agrotech, Company News, Europe, Packaging & Labelling, Supply Chain

New projects and solutions for customers and partners on the three phases of the “MAKE-USE-RECYCLE” life cycle in the packaging sector

After the virtual event two years ago, the international trade fair for packaging interpack will be held again at Messe Düsseldorf from May 4 to 10, 2023. BASF will be represented together with BTC Europe, its European distribution organization, at Stand B43 in Hall 10 and will present numerous solutions and new projects in the packaging sector to customers and partners. The focus is on sustainability: Whether market-leading products or new technologies – on the way to a more sustainable plastics industry, BASF will continue its “Plastics Journey” with the three phases “MAKE-USE-RECYLE” in the life cycle of plastics at interpack.

Ultramid Ccycled as sustainable solution for packaging

One example is BASF’s sustainable polyamide Ultramid® Ccycled® – a future-oriented mass-balanced product that supports the use of alternative raw materials from the chemical recycling of plastic waste. Chemical recycling currently uses plastic waste that is difficult to recycle, such as end-of-life tyres or mixed household packaging, thus keeping it in the material cycle. The recycled raw material is fed into the beginning of the BASF production Verbund and allocated to Ultramid Ccycled products via a mass-balance approach. Fossil raw materials are thus replaced and saved. This solution is used in many segments, such as textiles and packaging. Since Ultramid Ccycled  has the same quality as the conventional product, the sustainable polyamide is also ideally suited for highly regulated applications such as food packaging.

Meeting the challenges of circularity of plastic packaging with additives:

At interpack 2023, BASF will showcase several additive solutions to improve the durability, transparency and circularity of plastic packaging, meeting the demands of brand owners, recyclers and converters.

The IrgaCycle® range of additives enhances circularity and can maximize the post-consumer recycled content in an end-use plastic packaging. In addition, they mitigate common processing challenges such as gel formation and defects when using recyclates while rejuvenating the stabilizing additive package that may have been depleted during the first lifecycle of a package. The IrgaCycle range is part of the VALERAS® portfolio, the brand name under which BASF markets its range of sustainable plastic additive solutions.

BASF will give a keynote speech on “Advancing performance for circular packaging applications” on May 5 at the SPOTLIGHT area at the North Entrance of the fair. The focus of that day will be “Circular Economy – Closing the Loop” and BASF experts will highlight its solutions designed for sustainable packaging applications.

New projects and solutions for customers and