Cheminova recorded a 4.2% increase in first-quarter agrochemical sales to DKK 1,574 million ($271 million at the current rate). The revenue rise was achieved despite a delayed start to the season in the northern hemisphere leading to inventory build-up in the distribution channel. Higher prices in local currencies in markets around the world and increased volumes drove growth. The divestment of Stähler Switzerland, the Swiss operation of Cheminova’s German subsidiary, Stähler (Agrow No 657, p ...

Nissan Chemical recorded a 4.9% rise in agrochemical sales to ¥35,418 million ($345 million at the current rate) for its fiscal year ending March 31st 2013. The revenues are ahead of the company’s outlook of ¥34,600 million ($337 million) from last year (Agrow No 641, p 6). The introduction of the rice herbicide, Altair (metazosulfuron), offset the decline of other rice herbicide sales in Japan. The company also reports expansion in sales volumes of the acaricide, Starmite (cyenopyrafen), the ...

United Phosphorus recorded an agrochemical sales rise of 20.1% to Rs 84,750 million ($1,570 million at the current rate) in its financial year ended March 31st 2013. Agrochemicals accounted for 91.2% of the company's total sales of Rs 92,940 million ($1,722 million), which grew by 19.7%. International sales, which made up over 80% of total revenues, provided the main boost, rising by 23.9% to Rs 74,890 million ($1,388 million). Domestic sales were up by 5%. Earnings before interest, tax, ...

Italian agrochemical company Isagro (Milan) posted a 23% fall in agrochemical sales to some €30 million ($39.2 million at the current rate) in the first quarter of 2013. That included a 20% drop in sales of proprietary pesticides to €28 million ($36.6 million), while those of third-party products halved to €2 million ($2.6 million). Total sales, including non-agrochemicals, were down by almost a quarter (-24%) to €32.3 million ($42.2 million). The company blames de-stocking for much of the ...

The US company, Aceto (Lake Success, New York), recorded a 39.6% rise in crop protection sales to $5.8 million in the three months ended March 31st 2009. Sales for the first nine months of fiscal 2009 were up by 3.4% to $12.8 million. Third-quarter gross profit more than doubled to $1.8 million, while nine-month gross profit rose by 38.1% to $3.2 million. Agrochemicals accounted for 5% of Aceto’s overall sales of $359.6 million in fiscal 2008 (Agrow No 552, p 4). The company attributes the ...

Chemtura ’s crop protection sales fell by 22.5% to $69 million in the first quarter of 2009. The renamed crop protection engineered products business suffered a $15 million decline from lower volumes and a $7 million impact from foreign currency transactions, partly offset by higher selling prices of $2 million. Despite the downturn, crop protection remained one of Chemtura’s best performing segments, with overall company sales down by 43%. The company filed for protection from creditors under ...

Strong sales of insecticides and plant growth regulators in the US boosted American Vanguard ’s revenues by 9% to $44.6 million in the first quarter of 2009. The growth came amid reports from US distributors of industry-wide sluggish demand, down 10-30% from the same period last year, the company says. “Despite the economic and credit uncertainties in the US and international markets, our sales and marketing initiatives have proven successful in increasing our revenue base,” says American ...

Cheminova recorded muted sales growth of 0.7% to DKK 1,437 million ($252 million at the current rate) in the first quarter of 2009. The increase was 3% at constant exchange rates. The growth was partly attributable to German agrochemical company Stahler, which was fully consolidated within Cheminova from March 1st (Agrow No 562, p 1). It was a passive start to the year after an impressive 30% growth in 2008 (Agrow No 565, pp 5-6). Agrochemicals account for about 90% of Cheminova’s ...