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NACL Industries enters into MoU with ATGC Biotech

06 Jun 2018 Evaluate

NACL Industries has entered into a binding Memorandum of Understanding (MoU) with ATGC Biotech, Hyderabad, to form a Joint Venture Company to commercialize the growing opportunities in India. ATGC and NACL desire to work and collaborate with each other for manufacturing of Als of semiochemicals and marketing of pheromone-based mating disruption and/or attract and kill products on insect pests for various crops.

As per the MOU, ATGC has agreed to license its Al technologies and knowhow to NACL for manufacturing of Als and NACL has agreed to commercialize mating disruption products which address majority of the pests in the country through its marketing and distribution network.

NACL Industries produces a comprehensive range of pesticide Technicals and Formulations.

Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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