Adama Expands Relationship with ChemChina Group

In an effort to expand its role in China, Adama Agricultural Solutions Ltd. will enter into a collaboration with five Chinese crop protection entities, which are part of the ChemChina group.

Adama will become the exclusive domestic sales platform for their formulated crop protection products, which generate sales of approximately $90 million in 2015.

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The agreement enables Adama to broaden its commercial network and customer reach with more than 170 new sales, marketing, and registration employees.

The five entities – Hubei Sanonda, Jiangsu Anpon, Shandong Dacheng, Anhui Chemical Group and Jiamusi Heilong Agrochemical – are controlled by the China National Agrochemical Corporation (CNAC), a strategic business division of ChemChina and the controlling shareholder of Adama.

Read more about the deal between Adama and ChemChina.

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