Origin Agritech founds agchem business
Chinese seed company Origin Agritech has set up a strategic pesticide business unit for “premium branded chemical products”. The company will begin marketing a glyphosate herbicide product in China in time for the 2010 selling season. The glyphosate will be sold “at a premium” to non-branded products on the market, and in conjunction with Origin's genetically-modified glyphosate-tolerant seed portfolio, which is undergoing regulatory approval, the company adds. The pesticide products will be sold in synergy with the company’s existing hybrid and GM seed products, and distributed through Origin's network of agricultural product distributors and retailers across China.