Crystal Crop Protection Ltd. Launches Seven Products for Improving Farm Productivity
BANGALORE, July 6, 2018 /PRNewswire/ --
- The basket of goodies for farmers includes insecticides, fungicide and herbicide
- Boon for farmers, these products are aimed to protect crops and improve productivity
Established agrochemical company, Crystal Crop Protection Limited. ('Crystal'), known for its range of insecticides, fungicides, herbicides, plant growth regulators and bio-stimulants, today, launched a basket of goodies for farmers that are aimed at improving productivity for Indian farmers.
Keeping in mind farmers' challenges, Crystal's R&D has brought these products enabling farmers to improve farm profitability. Key products launched are as follows -
Fungicide - Fungicide is a growing segment and Crystal's new product will give control on diseases
i. Azotrix, a patented fungicide to control blast in paddy crop
ii. Pluton, a patent applied fungicide for tomatoes
Herbicide - Due to increasing labour shortage in the field, herbicides have gained prominence. Crystal launched two herbicides -
i. Penoxa, a herbicide for broad spectrum control of weeds in paddy crop
ii. Penadril Plus, a herbicide for range of crops like cotton, chilli and soybean
Insecticide - Insecticides account for more than half of the total pesticides market and this year Crystal has introduced three insecticides for Indian farmers -
i. Neo Super, a multipurpose insecticide
ii. Lunox, an insecticide to control hard to kill lepidopteran pests
iii. Umpire, a combination insecticide for sugarcane
These products aim higher yield and more profits to farmers.
With its latest offerings, Crystal hopes to strengthen its presence across India. The company in the last three years has launched various products improving the landscape of Indian farming.
Speaking on the utility of these products, Mr Ajit Shankhdhar, National Sales Head, Crystal Crop Protection Limited. said, "As a farmer-centric company, we are delighted to bring these products which are going to benefit farmers. They are effective and affordable and will help farmers protect their crop and improve yield. We value our farmers, they are our annadata. We are launching these products to help them become more prosperous."
Azotrix, a patented fungicide is the result of Crystal's own R&D. Azotrix would give farmers a weapon against blast infestation in paddy crop which is one of India's main crops. It will benefit paddy farmers, helping them in increasing their income with new cutting-edge technology. The launch of Azotrix also makes Crystal's crop offering more robust.
Pluton which is under patent consideration would be targeting effective control of fungus in tomatoes.
Alto, a graminicide, will enable farmers to control narrow leaf weeds in broad leaf crops.
Also, in Crystal's basket of farmers' goodies is Penoxa, a herbicide for broad spectrum control of weeds in paddy crop.
Since India is one of the largest producers of rice worldwide, the launch of Azotrix and Penoxa comes as a boon for the Indian paddy farmers. These products are a result of Crystal's strong R&D capabilities that focus on improving the productivity and profitability of the Indian farmer.
Elated on the launch of these products Mr. C. S. Shukla, Crystal's Senior Vice President, Marketing, said, "Crystal has been focused on providing complete farm solutions to farmers, from sowing of the seeds to harvest. Our close engagement with farmers keeps us alive to the challenges faced by them. We do R&D with direct feedback from the ground to bring them the best possible products. These new products are part of the integrated crop solutions being promoted by Crystal and will make our offerings to farmers more robust. They will enhance Crystal's brand value as an established agrochemical that believes in bringing innovative solutions to farmers."
About Crystal Crop Protection Ltd.
The crop solution company
Crystal Crop Protection Ltd is a R&D based crop protection manufacturing and marketing company. The company manufactures crop protection products which include insecticides, fungicides, herbicides and plant growth regulators and bio-stimulants. The company provides crop protection solutions to the Indian farmer to assist them to maximize productivity and profitability. It has integrated operations, from undertaking R&D of new molecules to manufacturing and delivering products to farmers across India through extensive distribution network.
The company recently enhanced its technical production capacity by acquiring Plant of Cytec India at Nagpur (2017) with leasehold rights on land area of 40,500 sq.m. For increased commitment on the Seeds business, the company acquired Indian grain sorghum, fodder sorghum and pearl millet seeds business from Syngenta India Limited, Devgen Seeds and Crop Technology Private Limited and Devgen N.V., Belgium.
Disclaimer: "Crystal Crop Protection Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a Draft Red Herring Prospectus ('DRHP') with the Securities and Exchange Board of India ('SEBI'). The DRHP is available on the website of the SEBI at http://www.sebi.gov.in and the respective websites of the Global Book Running Lead Managers at http://www.icicisecurities.com, http://www.axiscapital.co.in, http://www.hsbc.co.in/1/2/corporate/equitiesglobalinvestmentbanking , http://www.nomuraholdings.com/company/group/asia/india/index.html and Co-Book Running Lead Manager at http://www.smccapitals.com, respectively.
Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the RHP/Prospectus which may be filed with the Registrar of Companies, Gujarat situated at Ahmedabad in future, including the section titled 'Risk Factors'. Potential investors should not rely on the DRHP filed with the SEBI in making any investment decision."
This press release is not an offer for sale within the United States of any securities of Crystal Crop Protection Limited or any rights to purchase such securities. Securities of Crystal Crop Protection Limited may not be offered or sold in the United States absent registration under US securities laws or unless exempt from registration under such laws.
Media Contact :
Shahab Shaikh
[email protected]
+91-9320897525
Concept Public Relations India Ltd
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