Hailed as BASF’s next blockbuster, Revysol has the potential of reaching peak sales above €1 billion. Interestingly, the company’s manufacturing plant in Hannibal, Missouri (USA) has been selected as Revysol’s production site (pictured). This choice emphasizes the strategic importance of the new fungicide to North American markets. With an investment in the double-digit million Euro range, BASF has enhanced an existing manufacturing system to produce the new active ingredient.
“We are proud that Hannibal is the first site to produce Revysol,” said Anne Berg, Vice President Manufacturing Americas, BASF’s Agricultural Solutions division, in a statement to the press last year. “This decision was based on the high level of technology and experience on the site and is an investment in its future development.”
BASF has expanded its pipeline of solutions for agriculture significantly and, by 2028, will launch innovations with projected peak sales of more than €6 billion. The pipeline contains a wealth of chemical and biological crop protection products, seeds and traits, as well as digital solutions. This will further strengthen the company’s leading position in innovative and sustainable agriculture. This pipeline demonstrates tangible progress based on continuous investment in research and development, the integration of acquired businesses and strong partnerships. In 2019, BASF will spend around €900 million on R&D for agricultural solutions.
“We provide farmers with a full toolbox of innovative technologies, solutions and know-how, helping them develop their businesses successfully while addressing the demands of the food value chain,” said Markus Heldt, President of BASF’s Agricultural Solutions division. “We are actively steering our current and future portfolio towards more sustainable solutions . This enables us to develop highly-effective, innovative compounds that benefit farmers, society and the planet.”
Stephanie Reiß, Global External Communications, BASF Agricultural Solutions, BASF SE, AP/KB-LI 555, Speyerer Strasse 2, 67117 Limburgerhof, Germany
T: +49 621 6029843
Revysol is a registered trademark of BASF