Aceto's agrochemicals ahead in third quarter
The US company, Aceto (Lake Success, New York), recorded a 4.8% rise in sales for its crop protection business in the third quarter of fiscal 2008, ended March 31st. The increase was attributed to higher insecticide sales, partly offset by a reduction in potato sprout inhibitors. Sales of agrochemical intermediates, which are included in Aceto’s chemicals and colourants segment, increased during the quarter. Crop protection sales amounted to $19.5 million in fiscal 2007, representing 6.2% of Aceto’s overall revenues ( Agrow No 537, p 3).