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Bharat Rasayan executes JV agreement with NCC

18 Feb 2020 Evaluate

Bharat Rasayan has executed a Joint Venture (JV) Agreement on February 18, 2020, with Nissan Chemical Corporation (NCC), a company incorporated in Japan, and with Nissan Bharat Rasayan, a company incorporated in India (JV Company). The joint venture will operate through a company named Nissan Bharat Rasayan, a company incorporated in India.

This Joint Venture is expected to bring benefits to both the JV Partners i.e. Bharat Rasayan and Nissan Chemical Corporation. The Joint Venture Company i.e. Nissan Bharat Rasayan has decided to construct new manufacturing factory in India for various technical products.

Bharat Rasayan, part of the Bharat Group of companies, is engaged in manufacturing technical grade pesticides, pesticides formulations and intermediates.

Peers
Company Name CMP
UPL 506.35
PI Industries 2049.30
Bayer CropScience 3386.30
Sharda Cropchem 642.10
Sumitomo Chem. India 360.55
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