Connect with:
Thursday / November 21. 2024

logo
mobile-logo
HomePosts Tagged "BEST AGROLIFE" (Page 2)
Agro chems – Pesticides, India

The company will soon start manufacturing Tombo at its state-of-the-art manufacturing site Best Crop Science Pvt. Ltd. Gajraula.

Best Agrolife Limited, one of the leading player in the Indian agrochemical industry, has been granted the registration for the indigenous manufacturing of Tembotrione technical 94 per cent u/s 9(4) by the Central Insecticides Board & Registration Committee in the 439th meeting. The company has a pivotal positioning in Rice and Soybean crops and this registration will help it in consolidating its portfolio in the herbicides segment further. The company has decided to launch its commercial formulation under the brand name ‘Tombo’ in early June, 22.

A new generation corn herbicide Tembotrione shows a fast efficacy in the control of weeds. It is a post-emergence herbicide that dissipates rapidly in the environment without causing any crop phytotoxicity. Tembotrione has a low rate of application per hectare and hence poses almost nil environmental risks. A product with a high level of crop tolerance Tembotrione assures higher grain yield and profitability.

Commenting on this new development Vimal Alawadhi, MD, Best Agrolife Ltd. said, “Corn demand in the domestic and global market is fast increasing as this cereal crop is highly sought as a staple food, animal, poultry feed, and for industrial uses. In the future corn will also contribute substantially to Methanol production. Till now, a Germany-based MNC is importing and distributing Tembotrione 34.45 per cent SC formulation in India. But this registration will help us to make it immediately available to the Indian farmers at a more competitive rate”

Best Agrolife Ltd. will soon start manufacturing Tombo at its state-of-the-art manufacturing site Best Crop Science Pvt. Ltd. Gajraula. Tombo has already aroused interest amongst leading peer companies including MNCs to market this product under licensing agreement. It will improve the company’s market share in corn cultivating states esp. Bihar, Eastern Uttar Pradesh, Maharashtra, Karnataka, Telangana and Andhra Pradesh.

The company will soon start manufacturing Tombo

Agro chems – Chemicals

BAL had received the patent for Ronfen, which covers the composition of Pyriproxyfen 8 per cent, Diafenthiuron 18 per cent, and Dinotefuran 5 per cent in a unique suspension concentrate formulation

Best Agrolife Limited (BAL), one of the fastest-growing agrochemical company in India, has recently made two major announcements. The Central Insecticides Board & Registration Committee granted the registration for the indigenous manufacturing of the company’s much-awaited patented ternary insecticide to BAL u/s 9 (3) in the 437th RC meeting.

The company will launch it by the brand name Ronfen. BAL had received the patent for Ronfen, which covers the composition of Pyriproxyfen 8 per cent, Diafenthiuron 18 per cent, and Dinotefuran 5 per cent in a unique suspension concentrate formulation, in August last year. With this BAL has become the first Indian agrochemical company to manufacture this first-of-its-kind, three-way insecticidal combination that effectively controls the entire sucking pest complex in various stages in one shot.

Other than Ronfen, the leading agro-inputs company has also been granted the registration for the indigenous manufacturing of Dinotefuran 15 per cent + Pymetrozine 45 per cent WG along with technical manufacturing of Pyrithiobac Sodium u/s 9(4) TIM category in the same RC meeting. The company has decided to launch it with the brand name AxeMan.

“Sucking pests pierce plant parts, suck the plant sap which in turn results in minute white, brown, or red spotting on the leaves, fruits, or stems of the plant. It may also cause curling leaves, deformed fruit, general wilting, browning, and drying of the entire plant. Until now, safeguarding their crops from the sucking pests was a very costly business for the farmers in India and across the globe as they had to spend their hard-earned money on various pesticides. Motivated by a strong sense of urgency and eyeing the opportunity, our R&D team worked on developing a revolutionary one-shot solution for all the sucking pests and innovated Ronfen.” said Vimal Alawadhi, MD Best Agrolife Limited.

“Ronfen was under extensive scale field trials for the last two years. Due to its incredible power on the entire sucking pest complex Ronfen was much awaited by the farmers in India and abroad,” he added further.

On the other hand, AxeMan, with its dual mode of action, helps in protecting the rice crop from the devastating pest BPH which develops high resistance against all agrochemicals.  AxeMan provides healthy and vibrant tillers at the reproductive stage and helps in the long-duration control and resistance management of BPH in paddy.

BAL had received the patent for Ronfen,

Agro chems – Chemicals

The awards were a facilitation to honour the outstanding achievements in the Indian agrochemical industry

Best Agrolife Limited, one of India’s leading agrochemical players, has recently bagged the award for Fastest Growing company. BAL has received this recognition at PMFAI-SML Annual Agchem Awards 2022. Pesticides Manufacturers & Formulators Association of India (PMFAI) organised India’s largest Agri Inputs Trade Summit in Dubai.

These awards were a facilitation to honour the outstanding achievements in the Indian agrochemical industry and remarkable contributions, which help in the sustainable growth of agriculture. The 3rd PMFAI SML awards held on a global scale witnessed participation from distributors, suppliers, R&D Executives, Technical Executives, Manufacturers, Consultants, Exporters, Importers, Agronomists, Research Institutions, Scientists, Traders, Journalists, Supply chain management & co-operatives.

Ventures capitalists & Financial Representatives, Service providers, Farmers & dealers, Allied Chemicals & Packaging material suppliers, Seed companies, spraying and irrigation equipment manufacturers, plantation and horticultural producers, Manufacturers & Distributors of Bio-pesticides, Bio-fertilisers, Micronutrients, Key Government officials, Policy Makers & Researchers, Industry Associations, Chamber of Commerce, etc. all these stakeholders were also present who are involved directly & indirectly with Agri inputs.

Upon receiving this recognition, Vimal Alawadhi, MD, Best Agrolife said, “It is a feeling of pride to see our team’s efforts being recognised on a global level. PMFAI SML award has always been a prestigious honor to be associated with. We would like to extend our thanks to the jury members and the contemporary industry players present in the event to make our victory a memorable one.”

The awards were a facilitation to honour

Agro chems – Chemicals, R&D

Spiromesifen acts as a very effective insecticide and miticide that controls red spider mite in brinjal, whitefly and mite in cotton

Best Agrolife Limited (BAL) has been granted registration for indigenous manufacturing of Spiromesifen Technical u/s 9 (3) by Central Insecticides Board & Registration Committee in the 436th RC meeting on February 9, 2022. With this BAL becomes the first Indian agrochemical company to manufacture Spiromesifen Technical in India.

Spiromesifen acts as a very effective insecticide and miticide that controls red spider mite in brinjal, whitefly and mite in cotton, European red mite and red spider mite in apple, chili & Okra, yellow mite in chili etc.

While the market for Spiromesifen in North America, Latin America, Europe, Brazil, Spain, and Germany is growing at a moderate rate, there is a huge demand for this in the Asia Pacific and it is growing significantly. As of now, it’s available in one solo formulation – Spiromesifen 22.9 per cent SC in India where the market size is around 400 KL.

Vimal Alawadhi, Managing Director – Best Agrolife Limited said, “Spiromesifen will give leverage to BAL to introduce its patented & innovative formulations as our R&D Team was already working on it to bring its improved formulations in the form of novel combinations where not only efficacy of the product will be more but also its scope and market size will further increase by strategic alliances with leading companies in the domestic and international market. Our novel products will emerge as a very effective solution in the management & control of Mites in various crops like Tea, Vegetables & Fruit crops, etc. ultimately improving the quality & yield of the produce. Rising population and compelling food security, is driving up demand for such advanced molecules like Spiromesifen in the country.”

Spiromesifen acts as a very effective insecticide

Finance

The company recorded consolidated revenue of Rs 901.4 crore for the period ended on December 31, 2021, a growth of 29 per cent over PY of Rs 697.3 crore.

Delhi-based agro-inputs major, Best Agrolife Limited has announced its financial results for Q3FY22 on January 25, 2022 in their Board of Directors meeting.

Commenting on the results, Managing Director of BAL, Vimal Alawadhi said, “The current quarter’s performance would be sustainable in quarter 4 too, as the production will soon commence in its newly set up state-of-the-art formulation unit Seedlings India Limited where BAL’s new proprietary formulation ‘RONFEN’ will also be produced. Above all, the strategic alliances with premier customers including leading MNC’s are also being formed under which new businesses will commence with newly launched high value speciality products.”
 
The company recorded consolidated revenue of Rs 901.4 crore for the period ended on December 31, 2021, a growth of 29 per cent over PY of Rs 697.3 crore. Profit before tax was at Rs 91.3 crore, with a growth of 466 per cent over PY of Rs 16.1 crore and the profit after tax was Rs 66.6 crore, registering a growth of 464 per cent over PY of Rs 11.8 crore. EBITDA was at Rs 103.7 crore (11.5 per cent) with a growth of 628 per cent over PY of Rs 14.2 crore (2 per cent).

Moving ahead with their expansion plan BAL has now acquired Agrico Chemicals through a cash deal of Rs 10.22 crore. Agrico Chemicals is situated at Phase-1, SIDCO Industry Complex, IGC Samba, Jammu & Kashmir.

This acquisition is crucial for BAL in many ways. Other than increasing the company’s revenue by Rs 150 crore approximately this unit will also add formulation capacity of 8000 KL/MT per annum. The plant at Agrico Chemicals will be specifically dedicated to proprietary formulations like WG, SC, and EC.

The company recorded consolidated revenue of Rs

Interaction

BAL organised a mega farmer awareness meet to train farmers and onion growers in Nashik, Maharashtra.

Best Agrolife Limited (BAL), one among the Top 15 Crop Protection Agrochemical companies in India, organised a mega farmer awareness meet to train farmers and onion growers in Nashik, Maharashtra. Agriculture minister (State) Dadasaheb Bhuse was present as the Chief Guest at the event in which hundreds of farmers participated to benefit from the expertise provided by BAL.

The experts at the meet informed farmers that Q-Fop+ Oxyclean (oxyfluorfen 23.5 ec) would help them produce weed-free onion, Vibgyor will help control soil insects, and the majority of diseases can be controlled by using company’s fungicides like Bestline, Zodio, Zoxit and Tebuca.

Farmers present at the meet interacted with the experts and got their problems solved. “In Rabi season, a minimum of three lakh acre onion is cultivated in Maharashtra. Hence it is necessary that the farmers get all possible advice to ensure crop’s health. Through this meet, we have tried to help the farmers and educate them about products that can help them protect their harvest from crop destruction,” said Raajan Kumar Ailawadhi, Executive Director, Best Agrolife Limited.

BAL organised a mega farmer