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United Phosphorus to ink pact with regional fertilizer companies

04 May 2012 Evaluate

United Phosphorus, largest Indian agrochemical company plans to tie up with regional fertilizer companies to expand its business. It is likely to sell crop protection, improved product range and in turn offer market development utilizing their distribution network.

The company has inked pact with Karnataka-based Mangalore Chemicals and Fertilizers (MCF) in the first phase. United Phosphorus is exploring similar tie ups in Uttar Pradesh and Gujarat. Through this agreement, the company will be offering crop protection and introducing product range in the Karnataka market.

The entity is planning to introduce technology, innovative farming solutions and new products through its other arms such Advanta and Golden Seeds. 

Peers
Company Name CMP
UPL 533.50
PI Industries 2188.80
Bayer CropScience 3640.30
Sharda Cropchem 725.05
Sumitomo Chem. India 404.75
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