Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Aceto cuts glyphosate from business plan

The US company, Aceto (Port Washington, New York), has downgraded the importance of the herbicide, glyphosate, in its future strategy. “This is not a product or business activity that we have factored into our business plan,” the company says in a letter to shareholders. “Our future participation will only be on an opportunistic basis when our Asian sourcing offers us an opportunity to be profitable and competitive in the US domestic market.” The introduction of glyphosate has boosted the company’s agrochemical revenues, but margins have been lower than expected due to difficult market conditions. Agrochemical sales more than doubled in the year ended June 30th 2010, but gross profit fell by 5% ( Agrow No 601, p 2).

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG004867

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel