BASF crop protection pipeline value touches € 2.4 billion

BASF crop protection pipeline value touches € 2.4 billion

3:08 PM, 17th June 2011
BASF crop protection pipeline value touches € 2.4 billion
Markus Heldt, President, Crop Protection division, BASF

LUDWIGSHAFEN, GERMANY: The value of the BASF Crop Protection pipeline jumped to € 2.4 billion, an increase of € 200 million compared to 2010. The company’s next blockbuster fungicide, Xemium contributed to this increase. With peak sales potential estimated in excess of € 200 million, Xemium will be available in more than 100 crops from 2012 onwards. Farm demand for the company’s blockbuster herbicide Kixor also exceeded expectations. In addition, BASF is on track to reach peak sales of € 700 million with F 500, the cornerstone of the company’s AgCelence portfolio.

“Today, we have one of the strongest pipelines in the industry. With our high investment in research and development, we aim to sustain our role as a leading innovator,” said Markus Heldt, President of the Crop Protection division.

© WOC News




Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Westlake to increase ethylene capacity in US

HOUSTON, US: Westlake Chemical Corporation  announced an expansion programme to increase the ethane-based ethylene capacity at Lake Charles, LA. ...

Read more
Praxair reports rise in profits, benefits from emerging markets

Sales of $ 2.7 billion, 11 per cent above prior-year quarter Diluted EPS of $ 1.29, up 18 per cent  Strong pipeline of growth projects in eme ...

Read more
Badger Licensing gets contract for EBSM Project in Egypt

CAMBRIDGE, US: Badger Licensing LLC, a joint venture of affiliates of The Shaw Group and Exxon Mobil Chemical Company, a division of Exxon Mobil Corpo ...

Read more
Lanxess to relocate to Cologne

New group headquarters on Deutzer Freiheit Move to Cologne in 2013 with more than 1,000 employees LEVERKUSEN/COLOGNE, GERMANY: The MDAX compan ...

Read more
Sumitomo to start a polypropylene compound facility in North China

TOKYO, JAPAN: Sumitomo Chemical will establish a new base of operations for polypropylene (PP) compounds in the city of Dalian, Liaoning Province, Chi ...

Read more
Dow Kokam powers Motiv Power and ZeroTruck fleet operations

The company is providing advanced lithium-ion battery solutions to Motiv Power & ZeroTruck. The solution over the years, will help save gallons ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X