Malaysia Agrochemicals News

Recent industry report about Malaysia Agrochemicals company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Malaysia Agrochemicals Market industry experts.

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Malaysia Agrochemicals News

  • April 2024: During the holy month of Ramzan in Malaysia, leftovers from meals were transformed into fertilizers by a state facility. Following the Ramzan fasting, individuals donated their uneaten food to a special machine designed to convert the scraps into fertilizer suitable for agricultural purposes.
  • February 2023: The Rahmah Malaysia Foundation (RMF) and the Selangor State government introduced the "Rahmah Fertilizer Programme" to alleviate financial strain on farmers as part of the MADANI initiative within the Unity Government's framework. The incentive aim was to support farmers and the agricultural industry in Selangor in keeping pace with modern technological advancements.
  • July 2022: Nufarm increased its investment and expanded its partnership with crop health company Enko. These funds enabled Enko to advance its product pipeline of crop protection chemistries that targeted critical pests and weeds through novel pathways.
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  • June 2024: The Misr Fertilizers Production Company (MOPCO) partnered with Scatec, a Norwegian Company, to build a green ammonia production plant that produces 150 thousand metric tons in Damietta, Egypt. The Egyptian government supported the project and invested USD 10 million.
  • March 2022: The Misr Fertilizers Production Company (MOPCO), which produces 2 million metric tons of urea annually, expanded its existing ABB DCS (distributed control system) to the latest version to optimize its operational efficiency, maximize uptime, and minimize downtime.
  • January 2023: VerdesianLife Science launched Accolade, a new biological growth enhancement liquid for crops containing Azospirillum Brasilense, a fixing bacterium that can increase root development and secondary lateral root systems, leading to increased nutrient uptake and higher yields.
  • September 2022: Syngenta Seedcare and Bioceres Crop Solutions collaborated to bring innovative biological seed treatments, including inoculants, to the market. Through this partnership, Syngenta SeedCare became the exclusive global commercialization distributor of Bioceres' biological solutions, except in Argentina.
  • September 2021: In the United States, Novozymes launched five biological solutions, including three biological inoculants, namely BioniQ, TagTeam BioniQPro, and TagTeam BioniQChickpea.
  • September 2022: Corteva Agriscience signed an agreement to acquire a biologicals-based company Symborg as a part of its strategy to expand its biologicals portfolio. This move would help Corteva Agriscience achieve its goal of becoming a global leader in the agricultural biological market.
  • June 2022: Valent BioSciences LLC confirmed that it approved a big expansion of its biorational manufacturing facility in Osage, Iowa, to meet the rising demand for its biorational products and introduce new products that will necessitate more capacity.
  • May 2022: The company invested a sum of EUR 4 million in upgrading its facilities with new technologies and equipment to suit the manufacture of a new line of products in the market. This advanced technology will be more sustainable using materials and efficient energy consumption.
  • February 2023: Bayer partnered with Kimitec to bring the next generation of biologicals to millions of growers worldwide. This includes crop protection and biostimulant products based on molecules derived from natural sources.
  • February 2021: Engro Fertilizers and BASF SE entered a strategic partnership to launch Sefina insecticide by BASF in Pakistan. Sefina is a novel and innovative insecticide registered for Pakistan's cotton and other vegetable crops. It offers a new mode of action for controlling key piercing and sucking insect pests, such as whiteflies, whitefly nymphs, aphids, and jassids, that pose a major threat to these crops.
  • January 2021: 'HANARO,' the brand of Bistrifluron 10% EC of FarmHannong, was launched in Pakistan to manage whitefly, the main problematic insect in cotton cultivation. Ayan Crop Science supplies it for Pakistani farmers.
  • June 2022: Best Agrolife, one of the leading agrochemical companies in Thailand, launched its agro-products basket of insecticide, fungicide, and pesticide products, Ronfen, AxeMan, Warden, and Tombo.
  • June 2022: BASF Agriculture Solutions launched Basta - x with new applications on cassava and rubber in Thailand. With Basta - x, BASF provides a non-selective, non-residual herbicide with limited translocation potential, effectively controlling over 80 weed species of rice, mango, cassava, palm oil, and rubber farms.
  • May 2022: Bayer Thai invested THB 26.7 million (USD 0.76 million) for the 'Better Farms, Better Lives 2.0' to support smallholder farmers in improving their crop yield, reducing production costs, and enhancing their technical know-how. The 'Better Farms, Better Lives 2.0' program aims to benefit 26,000 smallholder farmers in 11 provinces in the central and northeastern regions.
  • July 2022: Bioceres Crop Solutions completes a merger with Marrone Bio Innovations. The merger will enable Bioceres' expertise in bio nutrition and seed care products combined with MBI's leadership in the development of biological crop protection and plant health solutions, creating a global leader in the development and commercialization of sustainable agricultural solutions.
  • May 2022: Syngenta Crop Protection, a leader in biological innovation, and M2i, a leading technology provider of pheromone-based crop protection solutions, expand their collaboration and launch EXPLOYO Vit. It is a natural, pheromone-based, and sprayable solution to improve the quality and yield of grapes and control pests.
  • May 2022: UPL Limited and Chr. Hansen Holding A/S signed a partnership agreement to launch ZOATIN, a new bio solution, which effectively facilitates plant uptake and utilization of phosphorus to improve crop health and yield.
  • July 2022: Bioceres Crop Solutions completes a merger with Marrone Bio Innovations. The merger will enable Bioceres' expertise in bio nutrition and seed care products combined with MBI's leadership in the development of biological crop protection and plant health solutions, creating a global leader in the development and commercialization of sustainable agricultural solutions.
  • May 2022: Syngenta Crop Protection, a leader in biological innovation, and M2i, a leading technology provider of pheromone-based crop protection solutions, expand their collaboration and launch EXPLOYO Vit. It is a natural, pheromone-based, and sprayable solution to improve the quality and yield of grapes and control pests.
  • May 2022: UPL Limited and Chr. Hansen Holding A/S signed a partnership agreement to launch ZOATIN, a new bio solution, which effectively facilitates plant uptake and utilization of phosphorus to improve crop health and yield.
  • April 2024: During the holy month of Ramzan in Malaysia, leftovers from meals were transformed into fertilizers by a state facility. Following the Ramzan fasting, individuals donated their uneaten food to a special machine designed to convert the scraps into fertilizer suitable for agricultural purposes.
  • February 2023: The Rahmah Malaysia Foundation (RMF) and the Selangor State government introduced the "Rahmah Fertilizer Programme" to alleviate financial strain on farmers as part of the MADANI initiative within the Unity Government's framework. The incentive aim was to support farmers and the agricultural industry in Selangor in keeping pace with modern technological advancements.
  • July 2022: Nufarm increased its investment and expanded its partnership with crop health company Enko. These funds enabled Enko to advance its product pipeline of crop protection chemistries that targeted critical pests and weeds through novel pathways.

In August 2020, Marrene Bio innovations partnered with Vive Crop Protection, a prominent player in Precision Chemistry solutions and owner of the patented Allosperse technology. This partnership is made with the objective to provide innovative products that combine biological solutions with proven conventional chemistry utilizing the unique Allosperse Delivery System.

In October 2020, Syngenta Group acquired Valagro, a leading biological company, by its business unit. These investments will lead to the overall biological or biological control market, where Valagro will continue as an independent brand in the market within the Syngenta Crop Protection business.

In July 2019, BASF launched Velifer, a biological pest control for vegetable crops. This solution helps to prevent insects from becoming pesticide-resistant in protected cropping. It works by releasing spores of a beneficial fungus onto the plant surface.

In August 2020, Marrene Bio innovations partnered with Vive Crop Protection, a prominent player in Precision Chemistry solutions and owner of the patented Allosperse technology. This partnership is made with the objective to provide innovative products that combine biological solutions with proven conventional chemistry utilizing the unique Allosperse Delivery System.

In October 2020, Syngenta Group acquired Valagro, a leading biological company, by its business unit. These investments will lead to the overall biological or biological control market, where Valagro will continue as an independent brand in the market within the Syngenta Crop Protection business.

In July 2019, BASF launched Velifer, a biological pest control for vegetable crops. This solution helps to prevent insects from becoming pesticide-resistant in protected cropping. It works by releasing spores of a beneficial fungus onto the plant surface.

Agrochemical Market in Malaysia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)