Azelis (Belgium), a specialty chemicals and food ingredients distributor, based in Europe, announced its 100% acquisition of Chemroy Canada Holding (Ontario, Canada), a privately owned distributor of specialty chemicals and ingredients, on 12th March 2019. The transaction would place Azelis as one of Canada's leading specialty distributors. Additionally, with Chemroy’s dedicated sales force into the food and nutraceutical segments, Azelis will have high growth opportunity in these segments.
BASF, one of the largest chemical manufacturers, got approval for the fungicide, Revysol, for improved farm management. Revysol is the first isopropanol-azole that has been approved to be used in the European market. Revysol would be used for cereal crops, and the first usage of Revysol in cereal crops is expected by 2019–2020. Its usage would help the farmers in managing their farm more efficiently and in reducing weather-related risks. It also delivers higher and more consistent yields, which would maximize the income of the farmers.
Care4u 2’-FL is a human milk oligosaccharide (HMO). HMOs are the third-most-abundant solid component of breast milk that promote infant health by supporting digestion, building immunity, and cognitive development through changes to the microbiome. Commercially produced HMOs such as CARE4u can provide some of the health benefits of the HMOs present in human milk, helping to close an important gap between human milk and infant formula.
Yanmar, one of the major Japanese farm equipment manufacturers, launched two variants of hi-tech tractors in Bangkok, Thailand on January 29, 2019. The two tractor variants—YM357A and YM351A—have engine outputs of 57 hp and 51 hp, respectively; they are fuel-efficient and can be accessed by means of a smartphone. The tractors have the SmartAssist technology, which allows operators to see the machine's operating status, receive error notifications via a smartphone, and provide customer service options in the event of breakdowns. These tractors can work for rice paddies & dry fields and haul loads.
Molinos Río de la Plata, Argentina’s largest branded food products company, acquired La Salteña, a company producing refrigerated doughs and fresh & dry pasta, from General Mills, Inc. for an undisclosed amount. The purchase is scheduled to be closed on the 28th of January, 2019.
According to the National Association of Plant Breeders, “plant breeding is the science-driven creative process of developing new plant varieties that goes by various names, including cultivar development, crop improvement, and seed improvement. Breeding involves the creation of multi-generation, genetically diverse populations on which human selection is practiced to create adapted plants with new combinations of specific desirable traits.”
Cannabis is a drug derived from cannabis sativa, cannabis indica, and hybrid strains. Although cannabis is composed of different cannabinoids, the two main cannabinoids that are considered to be the most active compounds are tetrahydrocannabinol (THC), the psychoactive compound, and cannabidiol (CBD), the non-psychoactive compound.