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.

Malaysia Agrochemicals News

  • July 2022: Nufarm increased its investment and expanded its partnership with crop health company, Enko. These funds enable Enko to advance its product pipeline of crop protection chemistries that target critical pests and weeds through novel pathways.
  • January 2022: The Malaysian Ministry of Agriculture and Food Industries (MAFI) was requested by Pesticide Action Network Asia Pacific (PANAP) to consider providing paddy farmers with help for safer, non-chemical pesticide alternatives that can benefit farmers' health.
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  • 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 the global leader in the agricultural biological market.
  • January 2022: Andermatt Group AG announced the merger of Andermatt Biocontrol AG with Andermatt Group AG, and all companies will report directly to Andermatt Group AG. This will increase the effectiveness of the management and simplify the company's structure.
  • February 2023: Promip intends to open its second biofactory in the country, tripling its biocontrol product production capacity to 30% yearly growth. The company intends to expand its product portfolio from 12 commercial brands to at least 20 within two years. This expansion will create a market for the biocontrol agent products of the company.
  • October 2022: Koppert intends to invest in three new production units in Brazil, ensuring its leadership in the Brazilian and global markets for biological agricultural inputs. The new formulation unit will be located on an area of more than 8,000 m2 and will produce the entire microbiological line, including products based on viruses, fungi, and bacteria in liquid or solid formulations.
  • January 2022: Andermatt Group AG has announced the merger of Andermatt Biocontrol AG with Andermatt Group AG and all companies will report directly to Andermatt Group AG. This will increase the effectiveness of the management and simplify the company's structure.
  • 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.
  • 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: Certis Biologicals and Novozymes, two leading agricultural biotechnology companies, collaborated to develop new technologies for highly effective fungal disease control. This collaboration will provide new solutions to row crop growers.
  • June 2022: Certis Biologicals and Novozymes, two leading agricultural biotechnology companies, collaborated to develop new technologies for highly effective fungal disease control. This collaboration will provide new solutions to row crop growers.
  • October 2021: UPL agreed to collaborate with Chr. Hansen, a global bioscience company that develops microbes-based biopesticides that help farmers sustainably control plant pests and diseases.
  • September 2022: To expand GSFC's agro-products portfolio, the company planned to enter into organic fertilizers by setting up a 2x200 MTPD PROM plant at a polymer unit by using available existing infrastructure.
  • April 2022: The company approved the merger between Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (wholly-owned subsidiaries), which came into effect on April 01, 2021.
  • February 2022: Gujarat State Fertilizers & Chemicals Ltd launched the Urban Sardar organic fertilizer, an eco-friendly and non-toxic product containing organic sources of nutrients best suitable for all flowering plants and ornamental plants, gardens, and kitchen gardening.
  • January 2022: The company announced the merger of Andermatt Biocontrol AG with Andermatt Group AG. After the merger, all companies report directly to Andermatt Group AG, increasing the effectiveness of the management and simplifying the company's structure.
  • August 2021: The company released a new biocontrol agent, Trichogramma chilonis, a parasitic wasp to cover up to 333 hectares of paddy field to control Chilo suppressalis (rice stem borer) in Xinyang of the Henan Province, China.
  • April 2022: The company approved the merger between Liberty Pesticides and Fertilizers Limited (LPFL) and Coromandel SQM (India) Private Limited (CSQM) (wholly-owned subsidiaries), which came into effect on April 01, 2021. This merger is anticipated to expand the company's product portfolio, including its biopesticides, in the long run.
  • January 2022: The company announced the merger of Andermatt Biocontrol AG with Andermatt Group AG. After the merger, all companies report directly to Andermatt Group AG, increasing the effectiveness of the management and simplifying the company's structure.
  • September 2021: Tradecorp launched Biimore worldwide, a biostimulant obtained from a plant fermentation process. Biimore is made up of a unique combination of primary and secondary compounds, L-α amino acids, vitamins, sugars, and traces of other natural compounds.
  • August 2021: The company released a new biocontrol agent, Trichogramma chilonis, a parasitic wasp to cover up to 333 hectares of paddy field to control Chilo suppressalis (rice stem borer) in Xinyang of the Henan Province, China.

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