Abstract: BASF Venture Capital GmbH (BVC) is investing in the Indian startup UrbanKisaan, which specializes in hydroponic cultivation of various types of vegetables, greens and herbs in tropical urban environments. This is BVC’s first investment in an early stage business focusing on India.
Abstract: Azelis announces it has agreed to acquire 100 percent of the shares in Coseal in South Korea. Coseal is renowned for its specialist distribution, repackaging and blending of agricultural/horticultural surfactants. This transaction is expected to close in the third quarter of 2021.
Abstract: Nouryon said it has opened a new, eco-friendly office and innovation center in Dubai, United Arab Emirates, to better serve its local customers and support its growth plans for the Middle East and Africa.
Abstract: Lotte Chemical Co., a South Korean petrochemical major, said it will invest 4.4 trillion won ($3.8 billion) in the hydrogen business by 2030 to cut its carbon emissions and foster the new growth driver.
Abstract: The rupees 48,000 crore agrochemical sector is expected to show positive revenue growth in the first quarter of the current fiscal year.Strong demand for agrochemical products in both domestic and overseas markets is one of the main reasons why industry analysts predict positive growth in the first quarter.