DVA builds agchem plant in Brazil
The crop protection business of the German company, DVA (Hamburg), is to set up its first pesticide manufacturing facility. Work on the plant, which will be in Sao Paulo, Brazil, started last month. DVA Agro is investing $50 million in the project. “The construction starts a series of investments that the multinational is to carry out in the country,” the company says. It intends to raise its Brazilian investments to $100 million and create 250 jobs by 2014.