FMC forms joint venture agrochemical distribution in Argentine

FMC forms joint venture for agrochemical distribution in Argentine

2:49 PM, 29th July 2011
FMC forms joint venture for agrochemical distribution in Argentine


PHILADELPHIA, US: FMC Corporation’s Agricultural Products Group has formed a joint venture to form a new Argentine agrochemical distribution company named Ruralco Soluciones SA. An FMC subsidiary will own 50 per cent of the joint venture company, which recently commenced commercial operations.

“Ruralco fits well with our Vision 2015 strategy to expand our reach in rapidly developing economies and will allow FMC to accelerate its growth and market access in Argentina’s $1.7 billion crop protection market, the second largest in Latin America,” said Milton Steele, President, Agricultural Products Group, FMC.

Ruralco will be based in Rosario, Santa Fe province, Argentina, with plans to expand geographically within Argentina. FMC will manage the financial operations of the joint venture.

© 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

Sibur acquires JSC Acrylate in Russia

  MOSCOW, RUSSIA: Sibur acquired JSC Acrylate, the only CIS-based producer of acrylic acid and its esters, from the ATEK Group. JSC Acrylate&rsq ...

Read more
Metabolix forms joint venture with Korean Firm for C4 commercialization

  CAMBRIDGE, US: Metabolix Inc and CJ CheilJedang will jointly advance production technology and assess investment options for the commercializa ...

Read more
KBR licenses phenol technology to a Chinese firm

HOUSTON, US: KBR was awarded a contract by Lihuayi Weiyuan Chemical Co Ltd to license its phenol technology for Lihuayi’s grassroots, 220,000 to ...

Read more
Lanxess steps up investments in China

Groundbreaking for new leather chemicals plant in Changzhou Start-up of new high-tech plastics production line in Wuxi Opening of new technology c ...

Read more
Bayer reports higher operating income, continues positive momentum

  · Sales up 5.4 per cent on an adjusted basis to €9,252 million · Operating result (Ebit) advances 25.9 per cent ...

Read more
SC asks Hindustan Agro Chemicals to pay Rs 200 cr for defying orders

NEW DELHI, INDIA: The Supreme court has come down heavily on a chemical company for defying its orders for the past 15 years to pay Rs 37 crore compen ...

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