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HomePosts Tagged "UPL" (Page 2)
Agro chems – Chemicals, Company News, Foodgrains, North America

To generate a deeper impact on society where agriculture is properly valued and food is sustainable

Texas-based National Sorghum Producers announced that global agrochemical company UPL NA, Inc. has joined the NSP Industry Partner program as a sponsor. National Sorghum Producers represents U.S. sorghum producers and serves as the voice of the sorghum industry coast to coast through legislative and regulatory representation and education.

UPL joins NSP as a Contributor level sponsor. The company believes it will generate a deeper impact on society where agriculture is properly valued, food is sustainable, and farmers grow and prosper. The company provides the companion herbicide IMIFLEX™ to Alta Seeds igrowth® herbicide-tolerant sorghum and strives to be a leader in technology growth and innovation through the production of more sustainable food products.

“We are very excited to add a new partner to our valued industry program with the addition of UPL,” NSP Industry Relations Director Jamaca Battin said. “This company provides critical products to sorghum farmers, and we look forward to strengthening our relationship with UPL NA, Inc. for the betterment of the sorghum industry.”

“UPL is a leader in providing innovative and sustainable solutions for sorghum growers, and we’re committed to industry collaborations to accelerate progress in agriculture and throughout the food system,” says Joe Vassios, Food Value Chain Lead for UPL North America. “Through our partnership with NSP, we are extremely pleased to invest in the future of sorghum and work together to build a successful future for growers and the industry.”

Support from industry partners like UPL help NSP better advocate for, promote and defend sorghum farmers and the industry.

To generate a deeper impact on society

Agrotech, Company News, India, Sustainable Energy

 UPL and CleanMax Enviro Energy Solutions Pvt. Ltd. will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 MW of wind power

UPL Ltd., a global provider of sustainable agricultural solutions, today announced a joint venture with CleanMax Enviro Energy Solutions (‘CleanMax’), a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India.

UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 MW of wind power. Combining two of the fastest growing renewable energy technologies, this project will enable UPL to increase its renewable energy usage to 30% of its total global power consumption (against 8 per cent currently). Due to their complementary nature, wind solar hybrid power plants are highly efficient, providing reliable and continuous power supply that helps to effectively manage power loads.

Jai Shroff, Global CEO of UPL, said: “At UPL, we are committed to Reimagining Sustainability internally as well as with our farming partners. Ensuring we have access to reliable, clean energy will help realize that vision as we significantly reduce our carbon footprint. We look forward to welcoming CleanMax to our OpenAg network through this partnership and are excited to be joining India’s green energy wave.”

Kuldeep Jain, Founder & Managing Director, CleanMax said, “This 61.05 MW captive wind solar hybrid project is a part of a larger wind solar hybrid farm developed by CleanMax in Gujarat. The overall capacity of the CleanMax wind solar hybrid farm stands at over 400 MW; comprising 230 MW wind and 180 MW solar; leading to carbon abatement of 8.75 Lakh tonnes of CO2 equivalent per annum.”

 UPL and CleanMax Enviro Energy Solutions Pvt.

Sustainability

This new carbon credit model will support farmers as they expand sustainable and regenerative practices

UPL Limited, a global provider of sustainable agricultural solutions, has announced the European launch of the Gigaton Carbon Goal, a new series of global initiatives to sequester one gigaton (one billion tons) of atmospheric carbon dioxide by 2040.

UPL will enable agri-ecosystems to create, implement and validate carbon emission and capture protocols. This will generate carbon credits that directly benefit farmers with the potential for additional revenue streams. This new carbon credit model will support farmers as they expand sustainable and regenerative practices, directly benefitting the environment and positioning agriculture as a climate-positive industry.

UPL will mobilise its resources, experience, and global network to identify, invest in, and supply the tools, techniques and technologies that can help equip and empower each farmer.

Jai Shroff, CEO of UPL Limited, said, “We’re reimagining sustainability to see agriculture become climate-positive and farmers empowered with new sources of income. Our partnership with FIFA, who share our commitment to fostering sustainable and inclusive growth, exemplifies the goals of our OpenAg network, which puts collaboration at the heart of progress and sustainability. We look forward to working with FIFA and farmers to positively contribute to farmer livelihoods, the health and productivity of fields, our global food future, and the fight against climate change.”

The Gigaton Carbon Goal pilot phase is already underway with more than 100 000 farmers across 230 000 hectares in Europe, the Americas and Asia, and the initiative aims to cover more than 100 million hectares, the equivalent of 100 million football fields.

This new carbon credit model will support

Company News, Environment

The event united a select group of representatives from academia, policy, finance and the private sector under the theme ‘Food Futures in a Changing Climate: Reimagining the role of agriculture as a pathway to Net Zero’

The second edition of the OpenAg Symposium, hosted by UPL Limited, a global provider of sustainable agricultural solutions, and the Oxford India Centre for Sustainable Development (OICSD), Somerville College, University of Oxford, has outlined a series of policy positions, technological interventions, and financial models to transform food systems as positive contributors to global decarbonisation efforts.

The event united a select group of representatives from academia, policy, finance and the private sector under the theme ‘Food Futures in a Changing Climate: Reimagining the role of agriculture as a pathway to Net Zero’. Following a keynote by Agnes Kalibata, President of the Alliance for a Green Revolution in Africa, panellists from Brazil, India, the United States, Italy, the Netherlands, and Kenya, proposed a series of policies and interventions to ensure future food systems are efficient, resilient, inclusive and sustainable.

Jai Shroff, Global CEO of UPL, commented, “At UPL, we believe that agriculture has a decisive role to play on the path to decarbonisation during this crucial window for action in the fight against climate change. The discussions we’ve heard at this year’s OpenAg Symposium demonstrate the growing appetite for the innovation and cross-sector collaboration required to transform the climate-positive contribution of food systems around the world.”

The event united a select group of

Agro chems – Chemicals, Company News, India, Sugar industry

This is part of the shift in the company’s business model to sustainable agriculture

Agrochemical major, UPL signed an MoU with Shreenath Mhaskoba Sugar Mill in Pune for a sustainable sugarcane production programme and reach 4,000 farmers in 70 villages. Globally, biosolutions is Rs 4,000 crore business and in India, this is Rs 400 crore business. This is part of the shift in the company’s business model to sustainable agriculture. The company has plans to launch 30 new products in the next 24 months.

As part of these initiatives, UPL announced the commercial launch of their patented Zeba Technology for sugarcane farmers. According to Shroff the Zeba Technology would lead to a 20 per cent savings in water and reduce the use of fertilisers which would reduce the overall costs for the farmer and improve their production and income. The sugarcane crop requires the major consumption of resources like water, inputs, electricity, labor, and fuel. Despite high consumption, the return on investment to each stakeholder is low with a poor yield.

The company had been working on several pilots with farmers and they had seen savings of 600 crore litre of water and 500 MT urea of fertilisers while increasing yield by 15 per cent over 10,000 acres of land through optimum utilisation of natural resources and use of the Zeba Technolgy.

Company has mentioned that it is in process of talking to five to six sugar mills and hoped to add them to the programme in the next 30 days. The target was to scale up and reach a million acres in two to three year.

This is part of the shift in

Agrotech, Company News

The exclusive license and supply agreement will allow UPL to commercialise a new biocontrol technology from Agrauxine in the United States

UPL, a global leader in sustainable agriculture solutions, has recently announced a strategic collaboration with Agrauxine by Lesaffre, a subsidiary of Lesaffre company specializing in biological crop solutions. The exclusive license and supply agreement will allow UPL to commercialise a new biocontrol technology from Agrauxine in the United States.

The collaboration with Agrauxine broadens the biological offerings that NPP will deliver in the United States. A new biocontrol technology from the collaboration is awaiting US EPA registration, expected later in 2022.

Agrauxine by Lesaffre is a business unit of Lesaffre, a key global player in fermentation for more than a century. Based in France, Agrauxine develops, manufactures and commercialises biosolutions from selected natural strains of fungi, bacteria and yeast microorganisms.

“Agrauxine is a recognised global innovator in the development of sustainable solutions derived from microorganisms that address critical challenges of growers,” says Jim Petta, Natural Plant Protection Head, North America. “This partnership is a natural for us, and it’s a collaboration that will strengthen our BioSolutions product pipeline to deliver enhanced value for US growers.”

Says Hugo Bony, CEO, Agrauxine by Lesaffre, “We have strong ambitions for growth in the U.S. market. We’re looking forward to our partnership with UPL to deliver this new biocontrol technology derived from microorganisms that will help growers overcome crop stresses during germination, emergence and early plant growth.”

The exclusive license and supply agreement will

Agro Universities, Sustainability

The MoU aims to facilitate research and development in mutually agreed areas and jointly work in the area of product stewardship by providing safe use trainings

UPL Limited, a global provider of sustainable agriculture products and solutions, has recently announced collaboration with GB Pant University of Agriculture & Technology for developing sustainable solutions for the farmers. Keeping ‘Farmer First’ approach, UPL signed a memorandum of understanding (MoU) with the University to develop sustainable solutions for farmers.

The MoU aims to facilitate research and development in mutually agreed areas and jointly work in the area of product stewardship by providing safe use trainings. UPL will collaborate with the university on developing drone technologies and will also bestow scholarship to university students. GB Pant University of Agriculture & Technology, the first Agricultural University of India has championed work in the field of biologicals.

Dr Nain from GB Pant University of Agriculture & Technology said, “We are ecstatic that the two organizations have signed a Memorandum of Understanding. We believe that the relationship will benefit farmers immensely by providing newer technologies and solutions. We also like to express our gratitude for UPL’s interest to provide stewardship training and support students with scholarship.”

The MoU aims to facilitate research and

Agrotech, Sustainability

Sstudents participated in business plan and technology innovation contests

The Future Agriculture Leaders of India (FALI) Program recently concluded its 8th Convention at Jain Hills in Jalgaon. In its eighth year, FALI has established itself as a unique, high impact programme that makes agriculture attractive for the next generation by providing interactive learning, field visits, business plan contests, and exposure to cutting-edge agriculture and agribusiness. In the last academic year, FALI provided its programme to over 11,000 (eighth and ninth standard) students across 135 government-aided rural schools in Maharashtra and Gujarat. The number of FALI alums today totals 25,000, most pursuing higher education in science and agriculture and positioned to be future leaders of Indian agriculture.

In its first eight years, FALI has received strong support from several leading agribusinesses in India: Godrej Agrovet, Jain Irrigation, UPL, Bayer and StarAgri. At the FALI Convention, these companies participated along with leaders of over ten other agribusinesses and banks interested in supporting FALI 9 and beyond. These companies concur that the results of FALI have shifted the attitudes of students and their parents, who before saw subsistence farming as an unattractive career for their children. FALI students have taken home modern agriculture practices and with FALI, parents see modern, sustainable agriculture and agro-enterprise as a promising path for their children.

Over the next ten years, FALI is expected to increase the number of students and schools by 25 per cent a year in Maharashtra and Gujarat, adding Madhya Pradesh, Karnataka and Andhra Pradesh. At this rate, FALI would have backed the creation of over 2,50,000 future leaders of Indian agriculture in the next few years. The Board in its recent AGM also agreed on programmes for FALI alums, internships, scholarships and seed funding for FALI alumni ventures.

Commenting on the Board’s decision to expand the initiative’s reach, Nadir B Godrej, Chairman, Godrej Agrovet, and Chair of the Association for FALI, said, “Despite registering impressive growth by the sector, agriculture in India is losing its sheen with the next generation. We need to overcome economic, social, and psychological barriers jointly. FALI’s efforts have steered over 11,000 students towards modern and sustainable agriculture in the last eight years. Today, as the Chair of the Association for FALI, I am delighted to announce our plans to expand the footprint of this innovative programme to three more states of India. It aligns with our commitment to promote sustainable agriculture and agro-entrepreneurship among the next generation.”

At the FALI 8 Convention over 800 of the top FALI students participated in business plan and technology innovation contests which were judged by senior managers of companies which do or plan to support FALI.

Sstudents participated in business plan and technology

Agro chems – Pesticides, Company News

The insecticide has been developed by Bayer for integrated pest control

UPL has announced a new supply agreement for ‘Spirotetramat’, an insecticide created and developed by Bayer for integrated pest control. The agreement reflects UPL’s OpenAg purpose and commitment to open industry collaboration.

Through this long-term global data access and supply agreement, UPL will use its expertise in insecticides and global research and development network to develop, register and distribute new differentiated solutions containing Spirotetramat, that address farmer needs specifically around resistance management and/or hard-to-control sucking pests.

Mike Frank, President and COO, UPL, said, “As a global leader in crop protection, we have established the OpenAg purpose to drive collaboration with expert industry partners like Bayer. As pests continue to evolve, we must stay agile and ensure our solutions are addressing grower needs. At UPL we are continually working to expand our toolbox of products and solutions.”

Hartmut van Lengerich, Head of Global Crop Protection Asset Management, Bayer Crop Science, said, “This global agreement represents an expanded partnership between our two companies. Our industry is aware of the increasing challenges growers face in managing pests effectively. Spirotetramat protects growers’ plants from a wide range of pests, leading to healthier crops, and UPL’s Spirotetramat offerings will expand this protection even further with additional differentiated products for the global agricultural community.”

The insecticide has been developed by Bayer

Company News

ZOATIN is the first product launched as part of UPL’s partnership with global bioscience company Chr Hansen to develop microbial biosolutions that will help growers around the world fight pests and diseases

UPL, a global provider of sustainable agriculture solutions, has announced the launch of ZOATIN, a new biosolution that effectively facilitates plant uptake and utilisation of phosphorus to improve crop health and yield. ZOATIN is the first product launched as part of UPL’s partnership with global bioscience company Chr Hansen to develop microbial biosolutions that will help growers around the world fight pests and diseases, and sustainably improve crop quality and yields.

ZOATIN is a bacterial-based technology that works by solubilising otherwise unavailable forms of phosphorous in the soil to improve the ability of crops to take up and utilise the nutrient for maximum yield and improved crop health. Extensive trials have shown that the application of ZOATIN directly contributes to optimal root development and improved crop resilience against biotic and abiotic stresses such as drought, while also increasing water use efficiency.

ZOATIN is part of the comprehensive portfolio of biosolutions housed by UPL’s Natural Plant Protection (NPP). It can be applied to a range of crops including maize, rice, potatoes, pulses and a variety of vegetables using in-furrow, seedling drench or drip irrigation application at the time of seeding.

Mike Frank, President and COO, UPL, said, “ZOATIN has proven to effectively grow healthier crops, it also provides environmental benefits by ensuring phosphate fertilisers are used more efficiently by crops, thus reducing nutrient waste. This can help to reduce the adverse impacts that phosphate fertilisers can have on water sources.”

The collaboration between UPL and Chr Hansen was first announced in October 2021. Through the partnership, UPL is using its global presence to undertake research and identify opportunities and product concepts to address farmers’ needs.

ZOATIN is the first product launched as

Agro chems – Chemicals

the new fungicide, OptiCHOS offers farmers a new, low-risk, residue free, and bio-degradable broad spectrum disease control solution, with low environmental and human impacts

UPL Limited has announced that UPL Group has acquired OptiCHOS, a naturally derived fungicide for its Natural Plant Protection (NPP) business unit. The NPP portfolio houses natural and biologically derived agricultural inputs and technologies. OptiCHOS offers farmers a new, low-risk, residue free, and bio-degradable broad spectrum disease control solution, with low environmental and human impacts.

The active ingredients of OptiCHOS were developed from the chitin-rich by-products of the shellfish industry by BioCHOS, a spin-off of the Norwegian University of Life Sciences. NPP’s acquisition of OptiCHOS includes the registration data package and patents enabling the product to be used in mixture of a wide range of fungicides, providing the agricultural industry a variety of options. OptiCHOS has already been submitted for approval for use in the European Union and NPP expects to be able to launch OptiCHOS products across the bloc in the next few years.

Mike Frank, President and COO at UPL said: “The addition of OptiCHOS to our comprehensive NPP biocontrol portfolio will enable us to further solve key global farmer pain points in an environmentally sustainable way by matching the efficacy levels of conventional fungicides with naturally-derived biosolutions. This reflects our mission at UPL to Reimagine Sustainability by harnessing the power of agriculture as a climate-positive industry. We look forward to delivering OptiCHOS-based products into the hands of farmers.”

OptiCHOS will be integrated into UPL’s ProNutiva programme which integrates naturally based biosolutions with conventional crop protection products to offer farmers tailored and adaptable packages that directly tackles pain-points. Through this programme, farmers can ensure higher yields with lower environmental impact while also improving their economic resilience and sustainability.

the new fungicide, OptiCHOS offers farmers a

Interaction, Sustainability

UPL has received the More Integrity Award’s ‘yellow seal,’ valid for a further two years

UPL was first recognised with the award in 2020, receiving a ‘green seal’ valid for the duration of 2021. This year, UPL has received the More Integrity Award’s ‘yellow seal,’ valid for a further two years.

Rogerio Castro, CEO of UPL Brazil, said: “UPL is honoured to receive the More Integrity Seal, reflecting not just our immediate successes in sustainability, social responsibility, and ethics, but our long-term commitment to these ideals across our businesses. For us, sustainability is at the core of our work, it is reflected in the products we bring to market now, in the products we’re developing as we seek to ‘re-imagine sustainability,’ and in the way we do business with our customers, our distributors, and our partners in both the public and private sectors. We look forward to continuing to reflect and promote these ideals in Brazil and everywhere we work, raising the bar for agribusinesses around the world.”

The More Integrity Seal was instituted in 2018 to foster, recognise and reward integrity practices by agribusiness companies and cooperatives under the perspective of social responsibility, sustainability and ethics.

Recipients of the seal underwent a rigorous evaluation process by an esteemed panel of private and public sector members of the Seal Management Committee. The committee consisted of members from Alliance for Integrity, the Brazilian Stock Exchange (B3), National Confederation of Industries (CNI), Brazilian Confederation of Agriculture and Livestock (CNA), Ethos Institute of Business and Social Responsibility (ETHOS), Organisation of Brazilian Cooperatives (OCB), Ministry of Agriculture, Livestock and Supply (MAPA), Brazilian Company of Agricultural Research (EMBRAPA Stock), and the Federal Inspector General Office (GCU).

UPL has received the More Integrity Award’s

Environment

UPL Limited has been recognised for its strong performance in environmental, social and governance risk management

UPL Limited has been included in the S&P Global Sustainability Yearbook 2022 for the second year running in recognition of its strong performance in environmental, social and governance risk management.

The Corporate Sustainability Assessment (CSA) is issued annually by S&P Global and UPL’s inclusion recognises its achievements in Reimagining Sustainability within the global food industry. The CSA offers insights alongside highlighting opportunities and risks deriving from economic, environmental, and social trends and developments that have an impact on the competitive position of companies in 61 industrial sectors analysed.

Jai Shroff, Global CEO of UPL Ltd, said, “Over the past few years, UPL has made a concerted effort to take a leadership role in reshaping the contribution of world agriculture to a climate positive future. With a focus on Reimagining Sustainability, we are striving to drive innovation to make global food production more sustainable, and more secure. We are proud to be recognised by S&P, but UPL’s leadership position across many of the major sustainability rankings is not only testament to the progress that has been made, but to how

UPL’s continued inclusion in the S&P Global Sustainability Yearbook, follows recent recognition of the company’s strong sustainability performance across other major global indices in 2021: Sustainalytics, one of the world’s most respected ESG indices, ranked UPL as the highest performing top-tier global crop protection company for overall sustainability performance.

To further support its mission to Reimagine Sustainability, UPL announced in December 2021 that it had completed the conversion of a $700 million acquisition loan to a sustainability loan.

UPL Limited has been recognised for its

Finance

UPL has delivered another quarter of strong business performance in a challenging environment

UPL Limited has recently reported financial results for the third quarter of FY22 (Oct-Dec 2021). Q3 FY22 revenue witnessed robust growth of 24 per cent YoY to reach Rs 11,297 crore, led by healthy growth in volumes (+11 per cent) and better product realisations (+13 per cent). Further, Q3 FY22 EBITDA grew by 21 per cent YoY to Rs 2,666 crore as against Rs 2,209 crore in Q3 FY21.

Commenting on the performance, Jai Shroff, CEO – UPL Limited, said “UPL delivered another quarter of strong business performance in a challenging environment with growth across all regions except India. We are confident of continuing this business momentum and ending the fiscal year 2022 on a strong note.” “We also undertook multiple initiatives to re-imagine sustainability and in Q3, we successfully raised a sustainability loan of $700 million.”

He added, “At the same time, furthering our commitment to the Gigaton challenge, our digital platform ‘nurture.farm’ successfully completed its Crop Residue Management Program, thereby preventing release of over 1 million tons of carbon emissions. Taken together, these initiatives underscore UPL’s commitment to sustainability as we continue to raise the bar for the industry as a whole with UPL being ranked once again as the #1 global crop protection company amongst its peers by Sustainalytics in its 2021 ESG rankings.”

UPL has delivered another quarter of strong