Agrochemicals

BASF plans to expand Ukrainian plant protection market

BASF plans to increase its share of the Ukrainian market of plant protection agents in 2018 with the acquisition of German chemical company Bayer.

“We are planning to increase the share of the Ukrainian market of plant protection products by 1.5-2%. At present the company has a 15.5% stake in Ukraine,” Head of the BASF Agribusiness Department in Ukraine, Moldova and the Caucasus Tiberiu Dima said. “We also intend in the first ten days of October to officially open a research seed center for working with grains in the village of Tsentralne in Kyiv region, which was purchased from Bayer.”

 

The facility is part of a global network of research centres. Already in the near future the centre will close the full cycle of seed production: from the creation of new varieties of wheat to the presentation of developments in the demonstration centre.