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India Pesticides starts first phase of backward Integration of Pretilachlor Technical

08 Jun 2022 Evaluate

India Pesticides has started first phase of backward integration for Pretilachlor Technical of 2000 TPA. This will be manufactured in existing facility at Sandila Plant, which will further safeguard the company from any supply chain challenge of the intermediate which is largely imported. The company is planning to expand it further in the FY 2022-23. The primarily application for the chemical is as herbicide for rice plantation. The company anticipates a good market potential for this product. The process to manufacture was developed through indigenous R&D facility & project engineering teams.

India Pesticides is an R&D focused agrochemical technical company, which has growing formulations business in herbicides, insecticides and fungicide segments. It also manufactures active pharmaceutical ingredients (APIs).

Peers
Company Name CMP
UPL 573.85
PI Industries 2359.75
Bayer CropScience 3979.65
Sharda Cropchem 780.95
Sumitomo Chem. India 481.35
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