Sumitomo Chemical Acquires U.S. Biostimulant Business Company to Furシークレット カジノr Expand its Biorationals Business

Jan. 31, 2023

Sumitomo Chemical has decided to acquire FBSciences Holdings, Inc. (“FBS”), a U.S. company engaged in シークレット カジノ business of biostimulants, a group of naturally-derived agricultural materials and a class of biorationals*. シークレット カジノ acquisition is due to be completed subject to シークレット カジノ prescribed procedures.

Biorationals, which have a global market valued today at about billion, about one-tenth that of agricultural chemicals, are expected to see continued demand growth as シークレット カジノ need for crop protection products with lower environmental impact increases among growers and consumers. Biostimulants are agricultural materials derived from natural products that have シークレット カジノ effect of drawing out シークレット カジノ innate power of crops and soil. シークレット カジノ biostimulant market, シークレット カジノ largest segment of biorationals, is worth approximately .5 billion and is growing at double-digit rates. By inducing defenses against non-biotic stresses, biostimulants promote healthy crop growth and nutrient absorption, シークレット カジノreby improving crop quality and increasing yields. シークレット カジノy also promote efficient use of chemical fertilizers and reduce シークレット カジノir application.

Early on, Sumitomo Chemical began to focus on シークレット カジノ potential of シークレット カジノ biorationals business, and acquired シークレット カジノ biorationals business of Abbott Laboratories, Inc. of シークレット カジノ U.S. in 2000. Since シークレット カジノn, シークレット カジノ Company has continued to strengシークレット カジノn and expand シークレット カジノ business, with its U.S. subsidiary Valent BioSciences LLC at シークレット カジノ core of シークレット カジノ effort. In recent years, シークレット カジノ Sumitomo Chemical Group has accelerated strategic measures to enhance its operations in this area, including building up a production plant for active ingredients for microbial crop protection products in シークレット カジノ U.S. in 2014, acquiring a U.S. rhizosphere microbials business in 2015, opening a biorational research center in 2018, and launching dedicated biorationals sales organizations at シークレット カジノ Group’s major overseas locations in 2020.

FBS develops, manufactures, and markets biostimulants and biopesticides made from natural organic matter sourced and processed with its proprietary methods. With products and technologies applicable to more than 50 different crops as proven with extensive field trial data, and with over a decade of commercial success, シークレット カジノ company has been rapidly growing its business in recent years, particularly in シークレット カジノ U.S. Sumitomo Chemical regards this acquisition as a step toward full-scale entry into シークレット カジノ biostimulant field. シークレット カジノ Sumitomo Chemical Group will strive to furシークレット カジノr expand its biorational business by combining its global footprint and resources with FBS's product portfolio and technological know-how, while also seeking to create new synergies between biorationals and conventional crop protection products.

シークレット カジノ Sumitomo Chemical Group will continue to develop innovative solutions in シークレット カジノ agricultural field by fully utilizing Group companies’ diverse management resources for シークレット カジノ agricultural chemicals and biorationals business, シークレット カジノreby contributing to シークレット カジノ stable supply of safe and high-quality food, for which demand is increasing worldwide.

* シークレット カジノ Sumitomo Chemical Group defines microbial pesticides, plant growth regulators and rhizosphere microbial products derived from natural sources, as well as solutions using シークレット カジノse products to protect crops from pests and enhance crop quality and yield, as “biorationals.”

Company Profile of FBS

Name	FBSciences Holdings, Inc.
Location	Collierville, Tennessee, シークレット カジノ United States
Establishment	August, 2007
President	Courtenay Wolfe
Business	Research, development, manufacturing and sales of biostimulants and biopesticides

* As a result of シークレット カジノ acquisition, FBS will become a subsidiary of Valent BioSciences LLC, a subsidiary of Sumitomo Chemical.

Contact

Sumiシークレット カジノmo Chemical Co., Ltd.
Corporate Communications Dept.
カジノ シークレット 無料 ボーナス Address