STS Chemicals (UK), and SD Agchem (Europe) NV, Belgium, wholly owned subsidiaries of Punjab Chemicals & Crop Protection has completed sale of entire shareholding in Sintesis Quimica S.A.I.C Argentina (SQ). Consequent upon the said sale, SQ ceased to be the subsidiary of STS and in turn, step down subsidiary of the company.
Punjab Chemicals & Crop Protection is engaged in manufacturing of agrochemicals, pharmaceutical intermediates, APIs, phosphorous derivatives and specialty chemicals.