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15/11/2012
SOURCE ICIS News
The managements of Poland's Zaklady Azoty Tarnow (ZAT) and Zaklady Azotowe Pulawy (ZAP) have signed a pre-merger agreement for the creation of Grupa Azoty, a company that will be Europe’s second largest fertilizer producer, the two firms said on Thursday.An equal number of representatives from ZAT and ZAP would be elected to the supervisory board of Grupa Azoty, according to the agreement for a “merger of equals”, the companies added.The consolidation of ZAT and ZAP into one company would be carried out in two stages, with the first phase to begin after ZAT uses a capital increase to fund the purchase of 50.7% of ZAP held by Poland's treasury ministry at a rate of 2.5 ZAT shares per ZAP share, the firms said.The first stage would involve efforts to maximise cost savings, build up a comprehensive and flexible portfolio of fertilizers, expand the ammonia and nitric acid capacities and optimise logistics, the pre-merger agreement states.The second stage would be detailed at a later date, although it would take into account that ZAT has agreed in the pre-merger agreement that its capital resources should be used to help fund a list of investment projects submitted by ZAP, the companies added.Poland’s treasury ministry will be the controlling shareholder of Grupa Azoty, which apart from fertilizers will also producer caprolactam, polyamide 6 (or nylon 6), oxo-alcohols and titanium dioxide.
SOURCE ICIS News
The managements of Poland's Zaklady Azoty Tarnow (ZAT) and Zaklady Azotowe Pulawy (ZAP) have signed a pre-merger agreement for the creation of Grupa Azoty, a company that will be Europe’s second largest fertilizer producer, the two firms said on Thursday.An equal number of representatives from ZAT and ZAP would be elected to the supervisory board of Grupa Azoty, according to the agreement for a “merger of equals”, the companies added.The consolidation of ZAT and ZAP into one company would be carried out in two stages, with the first phase to begin after ZAT uses a capital increase to fund the purchase of 50.7% of ZAP held by Poland's treasury ministry at a rate of 2.5 ZAT shares per ZAP share, the firms said.The first stage would involve efforts to maximise cost savings, build up a comprehensive and flexible portfolio of fertilizers, expand the ammonia and nitric acid capacities and optimise logistics, the pre-merger agreement states.The second stage would be detailed at a later date, although it would take into account that ZAT has agreed in the pre-merger agreement that its capital resources should be used to help fund a list of investment projects submitted by ZAP, the companies added.Poland’s treasury ministry will be the controlling shareholder of Grupa Azoty, which apart from fertilizers will also producer caprolactam, polyamide 6 (or nylon 6), oxo-alcohols and titanium dioxide.
15/11/2012
SOURCE ICIS News
Work on Africa’s largest fertilizer plant will get underway in the near future, with ammonia and urea from the Nigerian naira (N) 300bn ($1.9bn) project to be exported across Africa, the industrialist behind the project confirmed this week.Situated in southern Edo State, the massive Dangote Fertilizer facility will produce up to 2,200 tonnes per day of ammonia and 7,700 tonnes per day of granulated urea, according to business conglomerate and project owner Dangote Group. Owned by Africa’s richest man – Alhaji Dangote – the group expects workers from engineering firm Saipem Nigeria to start initial groundwork in the next 10 weeks. The plant will feature two urea trains and a single ammonia train and is scheduled to start production in 2015/16.According to the Lagos-headquartered company, Africa’s next largest fertilizer plant produces 1,000 tonnes of ammonia and 1,500 tonnes of urea per day.“In the next three years, Edo State will be exporting fertilizer from here to other parts of Africa,” Alhaji Aliko Dangote confirmed during a high-level regional government reception held in the Edo State capital, Benin City, earlier this week.A special ceremony to celebrate the start of the project will be held next month or in late January at the latest, he said, adding the plant will create around 10,000 jobs and reduce Nigeria’s reliance on fertilizer imports, which are reported to have totalled around $4.2bn last year.
SOURCE ICIS News
Work on Africa’s largest fertilizer plant will get underway in the near future, with ammonia and urea from the Nigerian naira (N) 300bn ($1.9bn) project to be exported across Africa, the industrialist behind the project confirmed this week.Situated in southern Edo State, the massive Dangote Fertilizer facility will produce up to 2,200 tonnes per day of ammonia and 7,700 tonnes per day of granulated urea, according to business conglomerate and project owner Dangote Group. Owned by Africa’s richest man – Alhaji Dangote – the group expects workers from engineering firm Saipem Nigeria to start initial groundwork in the next 10 weeks. The plant will feature two urea trains and a single ammonia train and is scheduled to start production in 2015/16.According to the Lagos-headquartered company, Africa’s next largest fertilizer plant produces 1,000 tonnes of ammonia and 1,500 tonnes of urea per day.“In the next three years, Edo State will be exporting fertilizer from here to other parts of Africa,” Alhaji Aliko Dangote confirmed during a high-level regional government reception held in the Edo State capital, Benin City, earlier this week.A special ceremony to celebrate the start of the project will be held next month or in late January at the latest, he said, adding the plant will create around 10,000 jobs and reduce Nigeria’s reliance on fertilizer imports, which are reported to have totalled around $4.2bn last year.
28/08/2012
SOURCE 2b1consulting
YPFB awards Samsung first ammonia and urea plant. Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia’s state-owned oil company, sent to Samsung Engineering Co., Ltd (Samsung) a notification of award (NOA) for a $843 million fertilizer plant.YPFB is planning to build this fertilizer facility in the city of Entre Rios, in the State of Cochabamba, in Bolivia as part of Bolivia’s Bicentenary Strategy.Bolivia is to celebrate the bicentenary of its creation in 2025.In that perspective, the Bolivian Government initiated multiple projects to develop the country in strategic areas to form what is called the Bolivia Bicentenary Strategy.Bolivia is a country rich of natural gas, so the monetization of this gas is part of this Bicentenary Strategy.The modernization of the agriculture is also part of this program.In this context, building a fertilizer plant is a project to contribute directly to both strategic initiatives and thus the development of the country.FPFB Fertilizer is a strategic project for Bolivia.With this fertilizer plant, Bolivia intends to increase its cultivation area from 2.5 million hectares to 105 million hectares.In respect with the actual and foreseeable demand from the domestic market, YPFB is planning to export 80% of the ammonia and urea produced to return $340 million of annual revenues.For YPFB, the Bolivia Fertilizer project joins other strategic projects in progress: - $1.5 billion Carrasco petrochemical complex of ethylene and polyethylene in Tarija- Gas condensate separation plants of Rio Grande in Santa Cruz and Gran Chaco in Tarija.Samsung signs its first contract in South AmericaWith YPFB Bolivia Fertilizer project, Samsung takes a leap in signing its first contract in South America. According to the Notification of Award, the contract to be signed in September between Samsung Engineering and YPFB includes: - Front end Engineering and Design (FEED) - Engineering, Procurement and Construction (EPC) - Pre-commissioningThis contract has been signed on a Lump-Sum-Turn-Key basis between Samsung and YPFB.In addition to the FEED and EPC contract, Samsung signed a services contract to provide support to YPFB on the first two years of operations and maintenance.YPFB will act itself as the Project Manager of the Bolivia Fertilizer project. From the conceptual study of the project, the Bolivia Fertilizer plant will be designed to treat: - 50 million cf/d of natural gasand to produce: - 650,000 t/y of urea. - 400,000 t/y of ammoniaDuring its construction phase, the Bolivia Fertilizer project will employ 5850 persons.YPBF and Samsung are scheduling the completion and the commercial operations of the Bolivia Fertilizer project in 2015.With YPBF Bolivia Fertilizer project, Samsung Engineering makes its first step in South America to build its global Market Leadership as engineering company after its expansion in Iraq, Kazakhstan, Uzbekistan, Angola and Qatar.
SOURCE 2b1consulting
YPFB awards Samsung first ammonia and urea plant. Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia’s state-owned oil company, sent to Samsung Engineering Co., Ltd (Samsung) a notification of award (NOA) for a $843 million fertilizer plant.YPFB is planning to build this fertilizer facility in the city of Entre Rios, in the State of Cochabamba, in Bolivia as part of Bolivia’s Bicentenary Strategy.Bolivia is to celebrate the bicentenary of its creation in 2025.In that perspective, the Bolivian Government initiated multiple projects to develop the country in strategic areas to form what is called the Bolivia Bicentenary Strategy.Bolivia is a country rich of natural gas, so the monetization of this gas is part of this Bicentenary Strategy.The modernization of the agriculture is also part of this program.In this context, building a fertilizer plant is a project to contribute directly to both strategic initiatives and thus the development of the country.FPFB Fertilizer is a strategic project for Bolivia.With this fertilizer plant, Bolivia intends to increase its cultivation area from 2.5 million hectares to 105 million hectares.In respect with the actual and foreseeable demand from the domestic market, YPFB is planning to export 80% of the ammonia and urea produced to return $340 million of annual revenues.For YPFB, the Bolivia Fertilizer project joins other strategic projects in progress: - $1.5 billion Carrasco petrochemical complex of ethylene and polyethylene in Tarija- Gas condensate separation plants of Rio Grande in Santa Cruz and Gran Chaco in Tarija.Samsung signs its first contract in South AmericaWith YPFB Bolivia Fertilizer project, Samsung takes a leap in signing its first contract in South America. According to the Notification of Award, the contract to be signed in September between Samsung Engineering and YPFB includes: - Front end Engineering and Design (FEED) - Engineering, Procurement and Construction (EPC) - Pre-commissioningThis contract has been signed on a Lump-Sum-Turn-Key basis between Samsung and YPFB.In addition to the FEED and EPC contract, Samsung signed a services contract to provide support to YPFB on the first two years of operations and maintenance.YPFB will act itself as the Project Manager of the Bolivia Fertilizer project. From the conceptual study of the project, the Bolivia Fertilizer plant will be designed to treat: - 50 million cf/d of natural gasand to produce: - 650,000 t/y of urea. - 400,000 t/y of ammoniaDuring its construction phase, the Bolivia Fertilizer project will employ 5850 persons.YPBF and Samsung are scheduling the completion and the commercial operations of the Bolivia Fertilizer project in 2015.With YPBF Bolivia Fertilizer project, Samsung Engineering makes its first step in South America to build its global Market Leadership as engineering company after its expansion in Iraq, Kazakhstan, Uzbekistan, Angola and Qatar.
15/11/2012
SOURCE ICIS News
The rapidly growing supply of natural gas in the US resulting from the boom in resource extraction from the nation's shale deposits has propelled a lengthy list of companies to announce plans for the new or expanded production of nitrogen fertilizers.“The abundant supply of shale gas here in the US has changed the game for many companies in the nitrogen market,” said The Fertilizer Institute (TFI) vice president of public affairs Kathy Mathers. Among the interests planning to take advantage of the newly available gas supAgriuplies are North America's largest fertilizer producers and several farmer-funded organizations.Most recently, Illinois-based CF Industries announced 1 November that it plans to spend $3.8bn (€3.0bn) on new ammonia and urea/urea ammonium nitrate (UAN) units at locations in Louisiana and Iowa.CF said its board has approved budgeting $2.1bn for building new ammonia, urea and UAN plants in Donaldsonville, Louisiana, and $1.7bn for new ammonia and urea plants in Port Neal, Iowa.The company expects the plants to start production in 2015 and 2016.The two projects will produce 2.1m tonnes/year of ammonia, 2.0m-2.6m tonnes of granular urea and up to 1.8m tonnes of UAN solutions, CF said.CF said the expansion will allow it to capitalise further on the global cost advantage of North American natural gas.Donaldsonville is served by five natural gas pipelines tied to Henry Hub prices, and Port Neal can tap existing gas supplies from the Rockies, mid-continent US and Canada. More natural gas is expected to come from the Williston Basin in North and South Dakota.Meanwhile, CF is in the midst of a $1.5bn debottlenecking effort at several of its existing ammonia plantsAbundant natural gas from North Dakota's Bakken shale formation also prompted a consortium of commodity groups in the northern plains, including the North Dakota Grain Growers Association, to announce plans for the construction of a $1.5bn nitrogen fertilizer plant to be located in the Williston Basin.Canada-based Agrium said on 7 November that it is close to naming a location in the Corn Belt for a proposed new nitrogen fertilizer plant. Agrium's board of directors is expected to approve budgeting for the greenfield project sometime prior to June 2013.Missouri and Kentucky are likely candidate locations, sources said.Norway-based Yara has said it is considering building a nitrogen fertilizer plant in Belle Plaine, Saskatchewan, to produce Urea, urea ammonium nitrate (UAN) and diesel exhaust fluid (DEF). North America's largest agricultural cooperative, Minnesota-based CHS said it is taking steps toward construction of a more than $1bn nitrogen fertilizer manufacturing plant to be located at Spiritwood, North Dakota.The CHS plant would be designed to produce 800,000 tonnes/year of ammonia.CHS is investing $10m in this first feasibility phase.The Egyptian group Orascom Construction Industries (OCI) is building a new nitrogen fertilizer complex in Weaver, Iowa. The new complex will be run by Iowa Fertilizer Company, a wholly owned subsidiary of OCI. The $1.4bn project will have a 1.5m-2.0m tonnes/year capacity to produce ammonia, urea and UAN.Construction work is scheduled to begin before the end of 2012 and the complex will open in mid-2015.US engineering firm KBR has been retained by Ohio Valley Resources to design a fertilizer complex to be sited in Spencer County, Indiana."If all of the proposed new nitrogen fertilizer plants are built, they would represent more than 10m new tonnes of urea, a 50% increase in the production of UAN, and a 50% increase in the domestic supply of ammonia available for direct soil application," said Glen Buckley, consultant with NPK Fertilizer Advisory Service."With all of the new capacity, the world will be really long in urea," Buckley said.Buckley, who has more than 30 years of experience in the US fertilizer industry, said some of the announced projects are unlikely to be built."After CF announced its major expansion plans, all of the projects proposed by the farmer-funded groups are likely to go away," Buckley said."There will not be any announcements," he said. They will simply not be heard of again.
SOURCE ICIS News
The rapidly growing supply of natural gas in the US resulting from the boom in resource extraction from the nation's shale deposits has propelled a lengthy list of companies to announce plans for the new or expanded production of nitrogen fertilizers.“The abundant supply of shale gas here in the US has changed the game for many companies in the nitrogen market,” said The Fertilizer Institute (TFI) vice president of public affairs Kathy Mathers. Among the interests planning to take advantage of the newly available gas supAgriuplies are North America's largest fertilizer producers and several farmer-funded organizations.Most recently, Illinois-based CF Industries announced 1 November that it plans to spend $3.8bn (€3.0bn) on new ammonia and urea/urea ammonium nitrate (UAN) units at locations in Louisiana and Iowa.CF said its board has approved budgeting $2.1bn for building new ammonia, urea and UAN plants in Donaldsonville, Louisiana, and $1.7bn for new ammonia and urea plants in Port Neal, Iowa.The company expects the plants to start production in 2015 and 2016.The two projects will produce 2.1m tonnes/year of ammonia, 2.0m-2.6m tonnes of granular urea and up to 1.8m tonnes of UAN solutions, CF said.CF said the expansion will allow it to capitalise further on the global cost advantage of North American natural gas.Donaldsonville is served by five natural gas pipelines tied to Henry Hub prices, and Port Neal can tap existing gas supplies from the Rockies, mid-continent US and Canada. More natural gas is expected to come from the Williston Basin in North and South Dakota.Meanwhile, CF is in the midst of a $1.5bn debottlenecking effort at several of its existing ammonia plantsAbundant natural gas from North Dakota's Bakken shale formation also prompted a consortium of commodity groups in the northern plains, including the North Dakota Grain Growers Association, to announce plans for the construction of a $1.5bn nitrogen fertilizer plant to be located in the Williston Basin.Canada-based Agrium said on 7 November that it is close to naming a location in the Corn Belt for a proposed new nitrogen fertilizer plant. Agrium's board of directors is expected to approve budgeting for the greenfield project sometime prior to June 2013.Missouri and Kentucky are likely candidate locations, sources said.Norway-based Yara has said it is considering building a nitrogen fertilizer plant in Belle Plaine, Saskatchewan, to produce Urea, urea ammonium nitrate (UAN) and diesel exhaust fluid (DEF). North America's largest agricultural cooperative, Minnesota-based CHS said it is taking steps toward construction of a more than $1bn nitrogen fertilizer manufacturing plant to be located at Spiritwood, North Dakota.The CHS plant would be designed to produce 800,000 tonnes/year of ammonia.CHS is investing $10m in this first feasibility phase.The Egyptian group Orascom Construction Industries (OCI) is building a new nitrogen fertilizer complex in Weaver, Iowa. The new complex will be run by Iowa Fertilizer Company, a wholly owned subsidiary of OCI. The $1.4bn project will have a 1.5m-2.0m tonnes/year capacity to produce ammonia, urea and UAN.Construction work is scheduled to begin before the end of 2012 and the complex will open in mid-2015.US engineering firm KBR has been retained by Ohio Valley Resources to design a fertilizer complex to be sited in Spencer County, Indiana."If all of the proposed new nitrogen fertilizer plants are built, they would represent more than 10m new tonnes of urea, a 50% increase in the production of UAN, and a 50% increase in the domestic supply of ammonia available for direct soil application," said Glen Buckley, consultant with NPK Fertilizer Advisory Service."With all of the new capacity, the world will be really long in urea," Buckley said.Buckley, who has more than 30 years of experience in the US fertilizer industry, said some of the announced projects are unlikely to be built."After CF announced its major expansion plans, all of the projects proposed by the farmer-funded groups are likely to go away," Buckley said."There will not be any announcements," he said. They will simply not be heard of again.
12/11/2012
SOURCE http://www.nctww.com
SAMPLE Saudi Arabia's National Petrochemical Company, or Petrochem, said Sunday that its affiliate Saudi Polymers Company has shut its Jubail plant for a month because of technical problems. Petrochem's polymers plant at Jubail has a capacity to produce 1.16 million mt/year of ethylene, 1.1 million mt/year of polyethylene, 430,000mt/year of propylene, 400,000 mt/year of polypropylene, 200,000 mt/year of polystyrene and 100,000 mt/year of 1-hexene. Some of these units at the plant had technical issues and were not operating as designed, the company said in a statement on the Saudi stock exchange Tadawul.
SOURCE http://www.nctww.com
SAMPLE Saudi Arabia's National Petrochemical Company, or Petrochem, said Sunday that its affiliate Saudi Polymers Company has shut its Jubail plant for a month because of technical problems. Petrochem's polymers plant at Jubail has a capacity to produce 1.16 million mt/year of ethylene, 1.1 million mt/year of polyethylene, 430,000mt/year of propylene, 400,000 mt/year of polypropylene, 200,000 mt/year of polystyrene and 100,000 mt/year of 1-hexene. Some of these units at the plant had technical issues and were not operating as designed, the company said in a statement on the Saudi stock exchange Tadawul.
13/11/2012
SOURCE http://news.xinhuanet.com
SAMPLE Saudi Arabian Oil Company (Saudi Aramco), one of the world's largest oil and chemicals producers, announced on Tuesday it has established its wholly owned subsidiary Aramco Asia in Beijing.According to a statement on Saudi Aramco's website, the newly established entity will deepen the company's presence in one of the world's fastest growing regions and serve as a portal for business and cultural exchange between Saudi Aramco and China.Aramco Asia will offer services of crude oil and chemicals marketing, joint venture coordination, procurement, research and development, and project management, the statement said.
SOURCE http://news.xinhuanet.com
SAMPLE Saudi Arabian Oil Company (Saudi Aramco), one of the world's largest oil and chemicals producers, announced on Tuesday it has established its wholly owned subsidiary Aramco Asia in Beijing.According to a statement on Saudi Aramco's website, the newly established entity will deepen the company's presence in one of the world's fastest growing regions and serve as a portal for business and cultural exchange between Saudi Aramco and China.Aramco Asia will offer services of crude oil and chemicals marketing, joint venture coordination, procurement, research and development, and project management, the statement said.
12/11/2012
SOURCE http://www.icis.com
FULL ARTICLE Russia's overall exports of fertilizers increased in Jan-Sept 2012, the country's customs agency said on Monday.Russia's exports of nitrogen fertilizers were 2.4% up year on year in January-September, at 8.27mt, the Federal Customs Service of Russia said in a statement. The export value was reported at $2.63bn, it said. The country's potash exports were 11.8% up year on year at 6.01mt, valued at $2.46bn, the statement said. Russia's exports of mixed fertilizers were 14.5% up year on year at 6.75mt, or $3.1bn.
08-Nov-12
Kemicides Crop Production Co of Kurnool, India received approval from Office of The Trade Marks Registry on the trademark KEMICIDES.The description of the mark registered is "Herbicides, fungicides, insecticides, parasiticides, medicinal and pharmaceutical preparations." Application for the trademark was filed on May 5, 2011. Kemicidies is using the trademark KEMICIDES since April 1, 2011.
SOURCE
India Trademark News
PUBLICATION DATE 09-Oct-12
Insecticides India (IIL), an agro-chemical manufacturing company, and Japan-based Otsuka AgriTechno (OAT) are planning to invest nearly Rs5bn ($96m) to develop new agro-chemicals during the next five years.
"As part of the investment, the Japanese firm will supply the technology and research knowledge to invent new agro-chemicals."
OAT board member Tetsuya Imai was quoted by PTI as saying that $20m is required to develop a single molecule for an agro-chemical.
The companies have also formed a joint venture to set up a modern R&D centre in Rajasthan, India.
According to IIL managing director Rajesh Aggarwal, the centre, which is expected to start its operations from April 2013, will aim to develop five new molecules during the coming five years.
As part of the investment plan, the Japanese firm will supply the technology and research knowledge to invent new agro-chemicals.
Imai further said that the growing agro-chemicals market in India has attracted the Japanese company to enter the Indian market.
''Agriculture sector is growing at a rapid pace here. We see lot of opportunities in India,'' Imai added.
SOURCE Chemicals-technology.com
PUBLICATION DATE 22-Oct-12
During the 38 th Annual California Association of Pest Control Advisors (CAPCA) today, BASF announced the availability of Altrevin™ fire ant bait insecticide. Recently registered for almond and citrus growers, Altrevin fire ant bait delivers a unique mode of action for fast and lasting control.
SOURCE BASF Press Release
During the 38 th Annual California Association of Pest Control Advisors (CAPCA) today, BASF announced the availability of Altrevin™ fire ant bait insecticide. Recently registered for almond and citrus growers, Altrevin fire ant bait delivers a unique mode of action for fast and lasting control.
SOURCE BASF Press Release
PUBLICATION DATE
01-Oct-12
Sustained high prices for agricultural commodities are spurring acquisitions and other investments by Syngenta, Bayer CropScience, and BASF in seeds, fungicides, and biobased pesticides. In contrast to tepid growth projections for traditional chemical markets, the market for crop protection products and seeds is expected to rise steadily over the next five years.
Syngenta is offering $517 million to acquire Devgen, a Belgian firm that specializes in hybrid rice strains and biological insect control based on RNA interference. “Rice is critical to global food security, and we expect to make a key contribution to improving productivity,” says Davor Pisk, Syngenta’s chief operating officer.
In a smaller biopesticide deal, Syngenta snapped up Pasteuria Bioscience, a research-oriented firm developing nematode control products based on the soil bacterium Pasteuria spp. The agreement includes an up-front payment of $86 million and deferred payments of up to $27 million. And Syngenta has agreed to build an $85 million seed and crop protection product facility in Krasnodarskiy Kray, Russia. Overall, the firm has raised its end-of-decade sales target to $25 billion, almost double its 2011 sales and up from a previous target of $22 billion.
Bayer CropScience says it will invest $6.4 billion between 2011 and 2016 in R&D to plump up its pipeline of seeds and crop protection products. In August, Bayer completed the $500 million purchase of AgraQuest, a maker of biological pest control products. It credits the deal with “securing its foothold in the biologics market, which is expected to triple to almost $4 billion by 2020.”
In addition, Bayer says it will spend more than $2.5 billion on new crop protection chemical production capacity as well as seed breeding, production, and processing facilities to meet rising global demand. The firm reported 21% growth in seed sales in the first half of the year and expects seed sales growth to exceed that of other agricultural products for the foreseeable future.
Meanwhile, BASF plans to invest more than $250 million to scale up production of fungicides, including strong sellers F500 and Xemium, at facilities in Schwarzheide and Ludwigshafen, Germany, and in Sparks, Ga. The company earlier announced a $1 billion deal for Becker Underwood, an Iowa-based producer of biological seed treatments.
A common driver of much of the new investment is the desire to add biological control products to existing chemical crop protection lines, says Matthew Phillips, principal at the consultancy Phillips McDougall. Stricter regulation of chemical pesticides in Europe, a rise in integrated pest management practices, and the growing popularity of seed treatments are building the market for biological products, he says.
Phillips adds that for agricultural products in general, “we do expect industry growth to continue steadily over the next five-year period, on top of continuous significant improvement over the last five years.”
SOURCE Chemical & Engineering News
Sustained high prices for agricultural commodities are spurring acquisitions and other investments by Syngenta, Bayer CropScience, and BASF in seeds, fungicides, and biobased pesticides. In contrast to tepid growth projections for traditional chemical markets, the market for crop protection products and seeds is expected to rise steadily over the next five years.
Syngenta is offering $517 million to acquire Devgen, a Belgian firm that specializes in hybrid rice strains and biological insect control based on RNA interference. “Rice is critical to global food security, and we expect to make a key contribution to improving productivity,” says Davor Pisk, Syngenta’s chief operating officer.
In a smaller biopesticide deal, Syngenta snapped up Pasteuria Bioscience, a research-oriented firm developing nematode control products based on the soil bacterium Pasteuria spp. The agreement includes an up-front payment of $86 million and deferred payments of up to $27 million. And Syngenta has agreed to build an $85 million seed and crop protection product facility in Krasnodarskiy Kray, Russia. Overall, the firm has raised its end-of-decade sales target to $25 billion, almost double its 2011 sales and up from a previous target of $22 billion.
Bayer CropScience says it will invest $6.4 billion between 2011 and 2016 in R&D to plump up its pipeline of seeds and crop protection products. In August, Bayer completed the $500 million purchase of AgraQuest, a maker of biological pest control products. It credits the deal with “securing its foothold in the biologics market, which is expected to triple to almost $4 billion by 2020.”
In addition, Bayer says it will spend more than $2.5 billion on new crop protection chemical production capacity as well as seed breeding, production, and processing facilities to meet rising global demand. The firm reported 21% growth in seed sales in the first half of the year and expects seed sales growth to exceed that of other agricultural products for the foreseeable future.
Meanwhile, BASF plans to invest more than $250 million to scale up production of fungicides, including strong sellers F500 and Xemium, at facilities in Schwarzheide and Ludwigshafen, Germany, and in Sparks, Ga. The company earlier announced a $1 billion deal for Becker Underwood, an Iowa-based producer of biological seed treatments.
A common driver of much of the new investment is the desire to add biological control products to existing chemical crop protection lines, says Matthew Phillips, principal at the consultancy Phillips McDougall. Stricter regulation of chemical pesticides in Europe, a rise in integrated pest management practices, and the growing popularity of seed treatments are building the market for biological products, he says.
Phillips adds that for agricultural products in general, “we do expect industry growth to continue steadily over the next five-year period, on top of continuous significant improvement over the last five years.”
SOURCE Chemical & Engineering News
PUBLICATION DATE 10-Nov-12
NAME siltra Xpro
EXPIRY DATE 31/07/2015
COMPANY Bayer CropScience
CROPS barley (spring / winter)- oats (spring / winter)
ACTIVES bixafen & prothioconazole
No aerial use
SOURCE
http://www.pesticides.gov.uk
NAME siltra Xpro
EXPIRY DATE 31/07/2015
COMPANY Bayer CropScience
CROPS barley (spring / winter)- oats (spring / winter)
ACTIVES bixafen & prothioconazole
No aerial use
SOURCE
http://www.pesticides.gov.uk
PUBLICATION DATE 23-Oct-12
Test fungicide for turf professionals to be labeled for disease control and plant health
BASF today announced the launch of its Pillar ™ G Intrinsic ™ brand fungicide , the third fungicide brought to the professional turfgrass market since 2010 that is labeled for disease control and plant health. Pillar G Intrinsic brand fungicide is a granular product that combines triticonazole, the same active ingredient in Trinity ® fungicide , and pyraclostrobin, a key active ingredient in Honor ® Intrinsic brand fungicide.
SOURCE BASF Press Release
Test fungicide for turf professionals to be labeled for disease control and plant health
BASF today announced the launch of its Pillar ™ G Intrinsic ™ brand fungicide , the third fungicide brought to the professional turfgrass market since 2010 that is labeled for disease control and plant health. Pillar G Intrinsic brand fungicide is a granular product that combines triticonazole, the same active ingredient in Trinity ® fungicide , and pyraclostrobin, a key active ingredient in Honor ® Intrinsic brand fungicide.
SOURCE BASF Press Release
PUBLICATION DATE Nov-12
BASF today announced new research showcasing the Plant Health benefits of fungicides containing F500 ® fungicide and how they can help growers increase yield and profit potential. The research, which was conducted by BASF in the field and in greenhouse settings, shows that BASF fungicides increase net photosynthesis in corn and soybean plants, which increases energy production, leading to increased yield potential.
SOURCE BASF Press Release
http://www.equities.com
BASF today announced new research showcasing the Plant Health benefits of fungicides containing F500 ® fungicide and how they can help growers increase yield and profit potential. The research, which was conducted by BASF in the field and in greenhouse settings, shows that BASF fungicides increase net photosynthesis in corn and soybean plants, which increases energy production, leading to increased yield potential.
SOURCE BASF Press Release
http://www.equities.com
NPD DisplaySearch Forecasts 121% Y/Y Growth Driven by LTPS, AMOLED and China Investments
Sort Date: 10292012
Santa Clara, Calif., October 29, 2012 —Flat panel display (FPD) manufacturing equipment spending fell 69% Y/Y in 2012 to $3.8 billion—making 2012 the weakest year in history for FPD equipment makers. Despite the challenges facing the FPD industry, including slow demand growth as TV and PC markets mature, 2013 offers hope of significantly improved conditions.
According to the latest NPD DisplaySearch Quarterly FPD Supply/Demand and Capital Spending Report , spending on manufacturing equipment for FPDs is forecast to rise 121% from $3.8 billion in 2012 to $8.3 billion in 2013.
“ The majority of FPD equipment spending in 2013 will be used for new low temperature polysilicon (LTPS) fabs or conversion of a-Si (amorphous silicon) capacity to LTPS for use in both TFT LCD and AMOLED (active matrix OLED) production,” according to Charles Annis , Vice President of Manufacturing Research at NPD DisplaySearch. “One reason spending is increasing so much is because LTPS fabs cost substantially more than a-Si fabs to build. There are extra process requirements such as crystallization and doping, plus complicated processes that often necessitate more than 10 mask steps. LTPS fabs also require higher priced equipment, particularly high resolution photolithography tools,” Annis continued. “However, these technologies enable production of high-value displays for use in fast-growing applications such as smartphones and tablets.”
Figure 1: FPD Equipment Spending Forecast
Source: NPD DisplaySearch Quarterly FPD Supply/Demand and Capital Spending Report
As a consequence of the dramatic drop in capital investment in 2012, demand is expected to start catching up to supply by 2H’13. As a result, NPD DisplaySearch expects that 2013 will see a more balanced market, higher fab utilization rates and improved profitability for panel makers. At the same time, new manufacturing and panel technologies, such as oxide semiconductors, in-cell touch, flexible AMOLEDs, and AMOLED TVs, offer the hope of lower costs and higher value applications.
“Certainly, investment risks are related to several factors, including demand growth and the pace of new technology development. Specifically, new investments in AMOLED capacity could be delayed or even cancelled if performance and cost targets cannot be met fast enough. Yet, by most of the indicators that NPD DisplaySearch uses to track the FPD industry, 2013 is currently projected to be a much better year than 2012,” Annis concluded.
Further discussion of this topic can be found in the NPD DisplaySearch Quarterly FPD Supply/Demand and Capital Spending Report . The report is a comprehensive guide to the most important metrics used to evaluate supply, demand and capital spending for all major FPD technologies and applications. The report features in-depth analysis and critical data in user-friendly Excel pivot tables along with detailed interpretation of market and technical trends in PowerPoint. For more information on this report, please contact Charles Camaroto at 1.888.436.7673 or 1.516.625.2452, or contact@displaysearch.com or contact your regional DisplaySearch office in China, Japan, Korea or Taiwan.
About NPD DisplaySearch
Since 1996, NPD DisplaySearch has been recognized as a leading global market research and consulting firm specializing in the display supply chain, as well as the emerging photovoltaic/solar cell industries. NPD DisplaySearch provides trend information, forecasts and analyses developed by a global team of experienced analysts with extensive industry knowledge. In collaboration with The NPD Group, its parent company, DisplaySearch uniquely offers a true end-to-end view of the display supply chain from materials and components to shipments of electronic devices with displays to sales of major consumer and commercial channels. For more information on DisplaySearch analysts, reports and industry events, visit us at http://www.displaysearch.com/ . Read our blog at http://www.displaysearchblog.com/ and follow us on Twitter at @DisplaySearch .
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