Oxiteno and Ashland to partner in agrochemical business
Brazil: Oxiteno, a
subsidiary of Ultra Group, a Brazil based manufacturer of surfactants and
chemicals and Ashland Inc., a US based provider of speciality chemical
solutions announced their partnership involving sale of respective speciality
chemicals to the agricultural sector. The agreement covers emerging markets in
South America and Asia. As per the deal, both the companies will offer technology
products and services to customers helping them to face the challenges that
come across in agribusiness. As per the Group Vice President of Ashland’s
Consumer Specialities business, Mr. James Mish, it is vital to ensure timely
and effective delivery of active components to enhance performance in the agricultural
sector.
TechSci Research depicts that
the partnership between Oxiteno and Ashland, Inc. will offer wide range of
specialty chemical solutions, thus expanding the scope of innovation in the
products and services offered for agricultural sector. Additionally, through
this partnership, both the companies will expand their capacity for innovation
based on the development of joint projects, which will further influence the
development of solution that enhance greater agricultural productivity.
According to TechSci
Research report “Russia Specialty Chemicals Market Forecast and Opportunities, 2018”, the specialty
chemicals market in Russia is has excellent growth prospects and opportunities.
The
growing end user application industries such as automotive, oil & gas,
personal care and construction have fueled the demand for specialty chemicals
in the country.