Chinese agrochemical company Jiangsu Yangnong Chemical recorded sales of Yuan 959.6 million ($141.8 million at the current rate) in the first half of 2010, a drop of 12.5% on the same period last year. Insecticides, the company's largest product category, fell by 12.3% to Yuan 624.8 million ($92.3 million) during the period. Herbicides were down 13% to Yuan 334.8 million ($49.5 million). Domestic sales dropped 22.8% to Yuan 436.4 million ($64.5 million), while exports slipped by 1.7% to Yuan ...
Strong seed and trait sales in Latin America and other international markets have boosted Monsanto’s results for the fourth quarter of its fiscal year, which ended on August 31st. The start to the Latin American season reflects continued momentum from the 2009/10 season, with indications of volume growth and greater trait penetration across the region, the company says. That is despite an expected decline in maize plantings in Brazil. Monsanto also points to a “solid” performance from its ...
Syngenta has agreed to supply Arysta LifeScience North America with the cereal herbicide, clodinafop-propargyl, and Arysta will provide Syngenta with the cereal herbicide, flucarbazone-sodium. Syngenta will supply the 0.5 lb/gallon (60 g/litre) emulsifiable concentrate formulation of clodinafop that it markets in the US as Discover NG for the control of wild oats (Avena spp), foxtails (Phalaris spp) and other grasses in wheat. Arysta will market the graminicide as NextStep NG. Arysta markets a ...
Bayer CropScience and Monsanto have entered into an exclusive agreement on the use of Bayer’s seed treatment, Poncho/Votivo, on US maize. It combines the insecticidal active ingredient, clothianidin, and a Bacillus firmus-based bionematicide (Agrow No 589, p 25). The product will be supplied solely with Monsanto’s Acceleron seed treatment range. It will be available on Monsanto’s own-brand seed and on that from its licensee companies for the 2011 season.
Bayer CropScience has settled out of court in the US with Syngenta over patent rights for three unnamed genetically modified seed traits. Syngenta had challenged the validity of Bayer’s US patents on the insect-resistance traits, Bayer confirmed to Agrow. The companies agreed to provide no further information. The case was closed at the US District Court for the District of Columbia. The traits are part of licensing negotiations between the companies, US business law newswire Law 360 reports.
The Dutch Court of Maastricht has ruled in favour of UK-based generic agrochemical trading company, AgChemAccess (St Clements, Jersey), in its payment dispute over the supply of a herbicide with the Dutch generic company, Realchemie (Eindhoven). The Court has ordered Realchemie to pay a sum of “almost €100,000” ($135,980) to AgChemAccess. The sum includes costs for the herbicide, matazachlor, supplied by AgChemAccess to Realchemie in 2008 as well as the legal interest over the pending payment ...
Monsanto has acquired a 19.9% stake in the Australian cereal seed company, InterGrain (Kensington, Western Australia). The companies have agreed to exchange certain wheat germplasm, with InterGrain gaining access to breeding tools and services for genotyping and marker development. In the longer term, the Australian firm will gain access to biotechnology traits being developed for wheat, which are expected to be introduced in the next decade. InterGrain varieties account for 40-45% of the ...
The diversified US company, Ensign-Bickford Industries (EBI - Simsbury, Connecticut), has acquired the US diagnostics firm, EnviroLogix (Portland, Maine), for an undisclosed amount. The acquisition was made through the EBI subsidiary, EB Analytics. EnviroLogix produces a range of test kits for the detection of pesticide residues, genetically modified organisms and plant pathogens.
The UK-based European scientific and regulatory consultancy, TSGE (Knaresborough, North Yorkshire), has created a German subsidiary, TSGE Deutschland. The new subsidiary will be based in Hildesheim and will serve clients across Germany, Austria and Switzerland. It will be headed by Hermann Wilhelmy who will work with other established TSGE offices in the UK, Ireland, Spain and Slovenia.
A consortium led by UK pest control company Exosect (Southampton, Hampshire) to identify a fungal pathogen for the control of a range of key stored grain insect pests has received funding of some £250,000 ($381,425). The investment has been provided by UK non-departmental public body Technology Strategy Board’s “New Approaches to Crop Protection” funding competition, which was launched last year (Agrow No 578, p 13). The product is based on the entomopathogenic fungus, Beauvaria bassiana. The ...