ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Sumitomo buys into Indian producer

by Jean-François Tremblay
June 13, 2016 | APPEARED IN VOLUME 94, ISSUE 24

Sumitomo Chemical is acquiring a stake as high as 75% in Excel Crop Care, India’s fifth-largest agrochemical firm. The Japanese company has already agreed with Excel’s founders and other investors to buy at least 45% of the company. The Indian agrochemical market is the world’s ninth largest and is growing at a rate of 6.4% per year. With headquarters in Mumbai, Excel manufactures and sells a range of agrochemicals. The Japanese producer hopes to use Excel’s distribution channels to boost sales of its agrochemicals in India.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment