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Iharabras to up agchem business investment - correction

Brazilian agrochemical company Iharabras (Sorocaba) is to expand its agrochemical business, seeking to raise annual sales some 20% to $550 million, and not $50 million as previously reported (Agrow No 688, p 2). The company is to enlarge marketing and production with an extra $35 million a year funding, up from an initial plan to invest $26 million in 2010-14, and not $36 million over the four years as previously reported. Iharabras is to establish a production facility this year dedicated to water-dispersible granule formulations.

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