8 May 2021: Top Agriculture Industry News of the Day

Syngenta & Valagro submit non-binding expression of interest for SICIT Group 

Syngenta Crop Protection AG together with Valagro S.p.A. would like to confirm that the two companies have submitted a non-binding expression of interest to the Board of Directors of SICIT Group S.p.A,  listed on the MTA, Star Segment, of Borsa Italiana. Their non-binding expression of interest is submitted on an open, transparent and friendly basis to SICIT Group and its key stakeholders. 

Safex Chemicals acquires Mumbai-based chemical manufacturer Shogun Organics 

Safex Chemicals India Limited, announces acquiring Mumbai-based Shogun Organics Limited. The acquisition will provide Safex a platform to backward integrate into the agrochemical technical segment and enter the Home Care & Agrochemical Technical Manufacturing segment. Meanwhile, the promoters of Safex, Mr. SK Chaudhary, Mr. Neeraj Jindal, Mr. Rajesh Jindal and Mr. Piyush Jindal will join the board of Shogun Organics.

To watch video, click here: https://www.youtube.com/watch?v=-kj6yx7QotE 

UPL Ltd. announced a two-year agreement with the Soil Health Institute 

UPL Ltd. announced a two-year agreement with the Soil Health Institute,  a non-profit organization whose mission is to safeguard and enhance the vitality and productivity of soil through scientific research and advancement. With this collaboration, SHI will evaluate the soil health at selected UPL research and development field stations around the world, to provide soil health training for UPL field agronomists, and help establish R&D protocols for evaluating the impacts of management practices on soil health. 

AGCO partners with Infosys for its digital transformation journey 

AGCO, a global leader in the design, manufacture and distribution of agricultural machinery and precision agriculture technology, provided an update on its continued strategic collaboration with Infosys, a global leader in next-generation digital services and consulting. 

Infosys, Executive Vice President and Global Head of Manufacturing, Jasmeet Singh, said, “AGCO is a valued customer, and we are delighted to play a key role in their digital transformation. Our continuous endeavor is to bring best-in-class practices not only in the roadmap of AGCO’s Digital Customer Experience programme but also in its transformation journey.” 

Mr. J.V. Ratnam of Coromandel invited by GBPUAT in their Career Orientation webinar    

Placement Cell of College Of Agriculture, G. B. Pant University Of Agriculture & Technology have invited their reputed alumni from the batch of 1991, Mr. J.V Ratnam, who is currently contributing to the agriculture sector as the Senior AVP(Crop Production) at Coromandel's International Pvt. Ltd. To throw light on the sensitive yet vital topic, " Career Orientation webinar "which is going to held on 8th May 2021. 

CNH Industrial reports record Q1, consolidated revenues of $7.5 billion 

CNH Industrial reports record first quarter, Consolidated revenues of $7.5 billion, net income of $425 million, adjusted diluted EPS of $0.32, and adjusted EBIT of Industrial Activities of $545 million  with strong performance from all segments year over year. Industrial Activities net cash of $0.6 billion at March 31, 2021, with free cash flow seasonally negative by $0.4 billion. 

Tradecorp and Landlab presented the Biotool Platform project 

Tradecorp and Landlab have presented the Biotool Platform project to the Eurostars initiative. This innovative tool aims to measure the effect of biostimulants on plants and improve crop yields through efficient water use. It is estimated that 70% of available water is used in agriculture. A potential solution to tackle this challenge is to improve crop yields by enhancing water use efficiency. 

 Krishi Jagran aims to promote famers brand through FTB 

Krishi Jagran believes that farmers of our country should become empowered and self-independent. With this belief in mind, Krishi Jagran organizes live Farmer the Brand  program on  Krishi Jagran FACEBOOK page every Saturday. The next program is on 8th May with nine farmers from different states. The main objective of this program is to reach out to all farmers across the country for their concerns and problems and also to promote their brand.