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Mitsui Chemicals’ agchem sales down in 2009

Mitsui Chemicals’ agrochemical business, Mitsui Chemicals Agro, recorded sales of approximately ¥40,000 million ($437 million at the current rate) in the year to March 31st 2010, down by some 11% on the previous year. The main reason was a decline in insecticide sales, due to the low levels of some rice pests and of mites on fruit and tea plantations, the company says. Sales in overseas markets were around ¥5,000 million ($55 million), compared with ¥6,000 million ($66 million) in the previous 12 months.

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