Mitsui Chemicals Agro, Inc. (MCAG) has acquired a 10% shareholding position in Belchim Crop Protection NV. The two companies agreed on a business collaboration. This collaboration and shareholding will reinforce the relationship with MCAG and drive further success for both companies by accelerating the development of products in the market as well as introducing new products into the market.
Japanese company Mitsui Chemicals Agro, Inc. (MCAG) has acquired a 10% stake in the Belgian company Belchim Crop Protection (Londerzeel). Until now the two firms have been collaborating on the registration and commercialisation of certain MCAG products in a gradually increasing number of countries in Europe. Belchim Crop Protection has been successfully contributing resources, regulatory know-how and sales expertise.
Lengthy development cycles, increased regulatory demands and costs and market changes are difficulties that agrochemical companies encounter. That is why both parties have intensified their mutually-beneficial cooperation in development, registration, commercialisation and sales of agrochemicals.
According to Mr. Dirk Putteman, CEO Belchim Crop Protection NV: “It is a privilege to join forces with a strong R&D partner like Mitsui Chemicals Agro, so we can amplify our existing innovative portfolio and make our company future proof.” Mr. Kazunori Tani, president Mitsui Chemicals Agro, Inc. echoes Mr. Putteman’s comments: “Belchim has the regulatory know-how and a strong market access in Europe. With Belchim as a partner, we will enhance our overseas business and strengthen MCAG’s sales considerably.” This alliance assures the long-term future of their mutually-beneficial collaboration.
About Belchim Crop Protection NV
Since 1987 Belchim Crop Protection NV have empowered farmers through innovative crop protection products and high-end technical support. Founded in Belgium, it is a globally expanding company with sales of €460 Mio in 2016. With innovative products, a high level of technical support and a focus on development, registration and commercialization, Belchim offers unique agrochemical solutions for today and tomorrow.
To learn more about Belchim, please visit www.belchim.com
About Mitsui Chemicals Agro, Inc.
Mitsui Chemicals Agro, Inc. is one of the leading Japanese R&D based agrochemical companies and globally supplies innovative agrochemicals for crop protection and pest management. The company always stands for customer’s view, offers high-quality products and services, and contributes to the sustainable agriculture.