18 September 2023, New Delhi: Best Agrolife Ltd. (BAL) announced that it has inked an agreement with Syngenta for the marketing of Pyroxosulfone 85% WG herbicide under the brand name Movondo.
Pyroxasulfone is a pre-emergence herbicide for wheat, corn, and soybean that ensures increased yields while offering outstanding crop safety by eliminating weeds that pose a threat to these crops. It is more effective against broadleaf weeds and requires fewer applications than other commercial herbicides. Pyroxasulfone 85% WG controls the primary troublesome weed in wheat, Phalaris minor.
Syngenta is a global leader in crop protection and seeds, with a significant global share of the herbicide and commercial seed markets. This agreement will help both companies maximize the value of the new herbicide and efficiently establish a market for the product. The Pyroxasulfone market is worth over 450 crore, and BAL plans to achieve 300-350 crore of the Proxysulfone market in the next three years.
Previously, India imported Pyroxasulfone from foreign nations, but after gaining registration for the local manufacturing of Pyroxasulfone 85% WG. BAL has become the first Indian agrochemical business to manufacture Pyroxasulfone 85% WG locally. Seedlings India Pvt. Ltd., one of the wholly owned subsidiaries of BAL, will produce it under the Indian government’s ‘Make in India’ initiative.
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