Nissan Chemical's agchem sales down
Nissan Chemical recorded agrochemical sales of ¥36,366 million ($340 million at current exchange rate) in the year to March 31st 2008, compared with ¥40,478 million ($378 million) in the previous year ( Agrow No 522, p 2). The 10.2% decline reflects the ongoing contraction of the Japanese crop protection market. However, the company highlights increased market share for its new herbicide formulation, Roundup Max-Load (glyphosate – Agrow ibid), which boosted total sales of Roundup. Nissan acquired Monsanto's Japanese herbicide business, including Roundup, in 2002.