Page 2 - Agrochemical Players

Govt explores tax sops, import curbs to make agrochem sector self-reliant

Sources in the know said the Centre was also looking at increasing Customs duty on formulations, agrochemicals, and pesticides falling under different Harmonized System of Nomenclature codes

Agro-chemical major UPL's Mauritian arm raises $500 mn through bonds

This issuance does not result in any increase in the net debt of UPL

Pesticides makers threatens to move to court over ban on 27 products

They claim the govt acted at the behest of foreign NGOs in imposing the ban

UPL, Coromandel Intl, Rallis India: Fresh overhang for agrochem majors

Analysts say, chemicals being considered for ban form significant part of the portfolio, both exports and domestic sales, of many players

Fresh worries for agrochemical majors as govt mulls ban on 27 chemicals

Net impact would depend on final list of chemicals to be banned and companies' move to diversify portfolio

Agrochemical players in a sweet spot

Coromandel International, UPL, Dhanuka and Monsanto offer reasonable upside