Dhanuka Agritech Ltd plans to launch two new molecules in India in the next few months, one of which will be an herbicide for soyabean and the other a fungicide for horticultural crops as well as paddy.

Earlier this year, the agrochemical formulations company, which has a tie-up with Nissan Chemicals, launched the Japan-based firm’s new molecule based product Sempra in Uttar Pradesh. The herbicide that tackles Cyperus rotundas, a weed commonly afflicting sugarcane plantations, was today introduced in Maharahtra. It will subsequently be launched in Karnataka, Tamil Nadu, Gujarat and Madhya Pradesh, MK Dhanuka, MD, Dhanuka Agritech said. Studies were also underway to enable extending the Sempra brand for maize, he added.

Elaborating on plans for the coming months, Dhanuka said that Sakura, another new molecule from Nissan, and a herbicide for soyabean, will be brought into the Indian market in a fortnight’s time.

“We have also received registration from Hokko Chemicals, Japan, for Conika, a fungicide for paddy and horticultural crops. This will be launched in Q2 16,” Dhanuka said, adding that these molecules were coming into the Indian market for the first time.

Dhanuka is also going to introduce Dupont’s highest selling molecule in India under the brand name Cover in July. “They have shared both granular and liquid formulations with us,” he said.

Dhanuka Agritech is currently well on schedule to set-up its fourth manufacturing facility in India at Keshwana in Rajasthan. The company which also has factories in Haryana, Udhampur and Sanand will invest Rs 60 crore at Rajasthan.

“This factory will help double our existing capacity to 10,000 kl of liquid and 10,000 tonnes of powder. It will go on stream in Q3 16,” Dhanuka said.

Related Topics
comment COMMENT NOW