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Agro chems – Chemicals

Centre to focus on Specialty Chemicals production in India

The sector can contribute $300 billion to the GDP D V Sadananda Gowda, Union Minister of Chemicals and Fertilizers said via a virtual event, that it was a good time…

AMVAC® release new products for weed control in corn

AMVAC® has recently announced two new herbicide products for corn available for the 2021 growing season AMVAC®, an American Vanguard® company, is a diversified specialty and agricultural products company that…

Agrochem companies oppose doubling of Customs duty on pesticides formulation  

This would  hurt the interests of the farmers in terms of increasing cost of farming and non-availability of the newer innovative products.        CropLife India, an association of…

India agrochemical market to grow fast with CAGR 8%

Use of the decontrolled fertilizers and new policies are major growth factors. India agrochemical market to grow fast with an expected CAGR 8 %. Increasing population, decreasing per capita availability of arable…

Agro-chemical major PI Industries forays into Pharma

In past years the company began to look at diversifying into other specialty chemicals such as pharmaceutical intermediates.     Specialty chemical firm PI Industries is actively looking at the…

NACL Industries posts 293.66 % rise in net profit in Q1 FY21    

The consolidated net profit in Q1FY21 came in at Rs 5.59 crore, which rose by 293.66 per cent, as compared to Q1FY20, when it reported a profit of Rs 1.42…

Insecticides (India) launches insecticide for Paddy and Cotton

  ‘Dominant’ insecticide will effectively control brown plant hopper (BPH) in paddy & sucking pests in cotton   Leading agrochemical manufacturer, Insecticides (India) Ltd. (IIL) has launched ‘Dominant’, a new…

Insecticides India posts 33 % drop in Q1 net profit FY21

 Profit after tax is at Rs 24 crore in the first quarter of current fiscal from Rs 36 crore in Q1 FY20.   Agrochemicals manufacturer Insecticides India has reported a…

Sharda Cropchem posts 22.54 % rise in consolidated profit in the June 2020 quarter

Sales declined 7.53 per cent to Rs 388.90 crore in the quarter ended June 2020 as against Rs 420.57 crore during the June 2019.     Net profit of Sharda…

BASF India posts net loss of Rs 29 cr in Q1 FY21  

Net revenue rose to Rs 1,769.7 crore in April-June quarter of fiscal year 2020-21 from Rs 1,613.7 crore in the corresponding quarter a year ago.   BASF India on Thursday…

Bayer provides 170,000 litres of insecticide to Kenya and Uganda for locust control  

 Decis ULV Insecticide donation enables treatment of 170,000 hectares of the most affected fields       Farmers in Kenya and Uganda currently fighting a devastating locust invasion and looming…

Best Agrolife Ltd aims to achieve Rs 1517 cr turnover by FY22  

The company plans to add new innovative speciality molecules and improve its product basket.    Best Agrolife Ltd, a leading global player in agrochemicals sector and one of India’s largest…

Bayer Group reports stellar performance despite pandemic

Agricultural division witnesses increased sale by 3.2 per cent Germany based Bayer Group’s businesses reported solid performance in the second quarter of 2020 despite the COVID-19 pandemic especially in their…

RCF crosses Rs 200 Cr in sales in FY 20-21

The company achieved Rs 100 Crore in 67 days and the next Rs 100 Crore in 51 days.  Rashtriya Chemicals and Fertilizers Ltd (RCF), a Public Sector Undertaking(PSU) under the Ministry…

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