Two Indian speciality chemicals companies have made important announcements in the field of agrochemical intermediates. Aarti Industries has signed a long-term supply contract, while Jubilant Ingrevia has opened a new facility.
Aarti’s new contract is with an unnamed major agrochemicals supplier and could be worth about €330,000 over nine years. It pertains to a niche intermediate for a herbicide that is used with corn, soybean, cotton, sugarcane, sunflowers and other crops. No capacity expansion is needed as the intermediate is already in the company’s portfolio.