Industry News

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.

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