Agrochemical Companies Diversify In Coronavirus Era

June 23, 2020
Chemical companies seek to lessen dependence on China.

Major agrochemical manufacturers are lessening their exposure to Chinese supply chain disruptions caused by the coronavirus pandemic through diversification, according to an article from Successful Farming. Companies including Bayer, Corteva Agriscience and BASF have reportedly taken steps to source chemical supplies from multiple locations. China, where COVID-19 is reported to have originated, is a major supplier of chemicals and chemical components used by U.S. farmers.

The industry as a whole has been moving away from a single-source country, according to Jeff Cecil, head of crop protection marketing at Syngenta, who says in the article that much of his company’s production is U.S.-based. Eric Wintemute, chairman and CEO of AMVAC, notes that some disruption in agricultural supplies from China had already occurred prior to COVID-19 due to increased environmental standards for chemical manufacturing mandated by the Chinese government. Tim Glenn, executive vice president and chief commercial officer of Corteva Agriscience, says that Corteva is sourcing chemicals from multiple locations to reduce its dependence on China and will assess its long-term diversification strategy “to help ensure it has resiliency and reliability in its supply chain.”

Read the entire article here.

Sponsored Recommendations

Heat Recovery: Turning Air Compressors into an Energy Source

More than just providing plant air, they're also a useful source of heat, energy savings, and sustainable operations.

Controls for Industrial Compressed Air Systems

Master controllers leverage the advantages of each type of compressor control and take air system operations and efficiency to new heights.

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!

The Art of Dryer Sizing

Read how to size compressed air dryers with these tips and simple calculations and correction factors from air system specialists.