Sumitomo to Combine Biorationals with Agchem Business

Sumitomo Chemical said that as of April 1, its agricultural chemicals business will be integrated with its biorational business operations to strengthen its global crop protection business.

In the company’s global crop protection business, the agchem business has been managed by Japan-based Sumitomo Chemical, and the biorational business by Valent BioSciences Corp. in the United States. Beginning in April, Sumitomo Chemical will directly manage functions related to the biorational business, including marketing, product management, new product development, business development and planning. Sumitomo Chemical also intends to carry out the same operational integration with respect to research and regulatory functions within a year or so.

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“We believe that these functional consolidations will enable Sumitomo Chemical to respond to market needs more swiftly and properly in both the businesses through working directly with its affiliated companies around the world,” the company said.

In connection with the integration, Sumitomo Chemical will form a Biorational Business Unit, a team assuming responsibilities for business target setting, and related research, manufacturing or supply chain management. The Biorational Business Unit will also engage in businesses outside agriculture, including public health and forestry, as well as post-harvest operations and mycorrhizal fungi operations, all of which are currently handled by Valent BioSciences.

“Sumitomo Chemical will expand its business across a broad range of fields, from seed treatment to post-harvest phase, thereby contributing to meeting the world’s growing demand for a secured and stable supply of safer food.”

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