Crop protection

EQS-News: BayWa AG expects earnings to improve in the financial year 2024

Retrieved on: 
Wednesday, April 10, 2024

BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.

Key Points: 
  • BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.
  • After deducting interest and tax, BayWa closed the past financial year with a loss of €93.4 million, down €332.9 million year on year.
  • “We are using 2024 for consolidation,” says Marcus Pöllinger, Chief Executive Officer of BayWa AG.
  • BayWa anticipates strong earnings growth in the current financial year, largely driven by a good apple harvest in New Zealand.

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Wednesday, April 10, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Friday, March 29, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

Bloomag Unveils an Industry-First Cutting-Edge AI Virtual Trap Technology, Revolutionizing Pest Management, with the Inaugural Customer Trapview

Retrieved on: 
Wednesday, March 13, 2024

It is also a great case how innovative companies Bloomag and Trapview work together to bring affordable, yet high-quality pest insect solutions to the market.” - Matej Štefančič, Trapview CEO.

Key Points: 
  • It is also a great case how innovative companies Bloomag and Trapview work together to bring affordable, yet high-quality pest insect solutions to the market.” - Matej Štefančič, Trapview CEO.
  • The launch of Bloomag Virtual Trap technology marks a pivotal moment in pursuing more efficient, profitable, and sustainable agriculture.
  • Bloomag Virtual Trap technology deepens the efficacy of the existing physical trap data by generating a virtual trap mesh network for the whole field without compromising accuracy.
  • Launching the Bloomag Virtual Trap with Trapview as our first customer, we have demonstrated the power and possibilities of Expert AI solutions in agriculture.” - Rahul Kaushik, Bloomag, Inc. CEO.

ADAMA Launches New Cereal Fungicide Forapro® for Supercharged Disease Control and Higher Yields

Retrieved on: 
Tuesday, April 2, 2024

Forapro® offers the double boosting effect of two Active Ingredients together with ADAMA's unique Asorbital® Formulation Technology.

Key Points: 
  • Forapro® offers the double boosting effect of two Active Ingredients together with ADAMA's unique Asorbital® Formulation Technology.
  • It delivers powerful results for both wheat and barley and is effective against early season diseases such as Powdery Mildew, Septoria and Rust.
  • Due to its unique formulation and dual active ingredients, Forapro® provides excellent control in T1 that keeps disease infestation levels in check until T2 spraying.
  • "Forapro® delivers superior T1 control of Septoria, Yellow Rust, and Powdery Mildew, improving crop yields.

Aqua-Yield® and WestLink Ag Solidify Agreement to Bring Company's Full-range of Products to the Storefront

Retrieved on: 
Monday, April 1, 2024

SANDY, Utah, April 1, 2024 /PRNewswire/ -- In a move to make its entire line of nanoparticle-based products more readily available to farmers nationwide, Aqua-Yield® has partnered with WestLink Ag Group to distribute all company products through the WestLink's 42 retail outlets. 

Key Points: 
  • "We have been selling our product through farm dealers, independent retailers and co-ops since we launched our product in 2018," he says.
  • "That will continue; but now there is this very exciting transition as we begin to work with corporate co-ops and well-established companies like WestLinkg Ag Group.
  • The WestLink Ag partnership is the largest retail agreement for Nano-Yield in the continental United States and automatically lends credibility to the wide range of nanotechnology products.
  • Aqua-Yield products will be available immediately to all WestLink Ag Group outlets.

ADAMA Appoints Two New Management Members: Florian Wagner to EVP Portfolio and Innovation; Ruthie Zeltzer to EVP People

Retrieved on: 
Wednesday, March 27, 2024

Florian Wagner will lead the end-to-end management of ADAMA's portfolio lifecycle, accelerating and refining innovation processes.

Key Points: 
  • Florian Wagner will lead the end-to-end management of ADAMA's portfolio lifecycle, accelerating and refining innovation processes.
  • Ruthie Zeltzer takes on the responsibility of fortifying ADAMA's organizational culture, ensuring its resilience amidst the evolving crop protection industry.
  • Steve Hawkins, President and CEO of ADAMA: "I am happy to extend a warm welcome to Florian and Ruthie as they join the Global ADAMA Leadership Team.
  • "The creation of a new Portfolio and Innovation division, that will be led by Florian, encompasses the end-to-end management of ADAMA's portfolio lifecycle.

Pyka Secures 110,000 Sq. Ft. Historic Aviation Hangar in the Bay Area for Scaled Manufacturing and R&D

Retrieved on: 
Tuesday, March 26, 2024

ALAMEDA, Calif., March 26, 2024 /PRNewswire/ -- Pyka, manufacturer of autonomous electric aircraft for crop protection and cargo delivery, has secured a 110,000 square foot corporate headquarters and production facility in the historic Alameda Naval Air Station, now known as Alameda Point, in the city of Alameda, CA.

Key Points: 
  • "The company is creating substantial job opportunities in green energy technology and helping to electrify the aviation sector."
  • "Pyka has an extremely supportive and welcoming company culture," said Chuma Ogunwole, Chief Operating Officer at Pyka.
  • Our team is incredibly diverse, and we have a shared enthusiasm for our mission that fosters a uniquely collaborative environment.
  • Pyka is grateful for the support expressed by the City of Alameda and the State of California.

Powering Drones to Full Capacity for Spring Farming in Xuzhou, Jiangsu

Retrieved on: 
Monday, March 25, 2024

In the local wheat fields, a new type of drone carrying pesticides is also being efficiently utilized to combat pests among wheat seedlings.

Key Points: 
  • In the local wheat fields, a new type of drone carrying pesticides is also being efficiently utilized to combat pests among wheat seedlings.
  • To ensure the uninterrupted operation of the agricultural drones, the State Grid Xuzhou Power Supply Company has deployed mobile charging stations to the fields.
  • "During the spring plowing and irrigation season, we have repurposed repair vehicles into mobile charging stations to assist farmers in their drone battery charging.
  • A dedicated team has been established to conduct targeted inspections on low-voltage irrigation lines and equipment used for spring irrigation electricity services.

FMC Corporation appoints executive leaders for North America and Latin America

Retrieved on: 
Wednesday, March 20, 2024

FMC Corporation (NYSE: FMC), an agricultural sciences company, today announced Darren Dillenbeck, president, FMC U.S.A., has been elected vice president and president of FMC North America.

Key Points: 
  • FMC Corporation (NYSE: FMC), an agricultural sciences company, today announced Darren Dillenbeck, president, FMC U.S.A., has been elected vice president and president of FMC North America.
  • The company also announced that Renato Guimarães will join FMC as vice president and president of FMC Latin America.
  • Dillenbeck joined FMC in 2018 and led the company's Canadian business until being named president of FMC U.S.A. in 2022.
  • He will join the FMC Operating Committee and will report to Ronaldo Pereira, executive vice president, president of FMC Americas.