Registration Now Open: Chinese-Indian AgChem Manufacturing JV Workshop
Without a doubt, 2018 brought some of the most damaging disruption the agribusiness supply chain has seen in decades. From plant shut downs to politically driven tariff wars and pollution hitting an all-time-high in both China and northern India, the ramifications from each individual hurdle have been felt at all levels of the industry.
Raw material manufacturers down to traders and growers have been shouldering the financial burdens of slim, unreliable input availability leading entrepreneurial minds to seek out-of-the-box strategies for resolution in both the short and long term.
The most logical place to look for a solution, it seems, is from the very top of the value chain.
Speaking at AgriBusiness Global’s Trade Summit Southeast Asia, CS Liew, managing director of Pacific Agriscience laid out the challenges Chinese and Indian suppliers are currently facing:
The Problem in China: Plant shutdowns due to pollution control are expected to intensify, leading global buyers to seek alternatives to their historic supply partners.
In order to continue to grow, the Chinese need to mitigate their business risks by getting a second manufacturing plant outside of their country.
The Problem in India: The Indian manufacturing industry, although currently on the rise, needs cost-effective access to key raw materials (including phosphorus and phosphorus compounds), more advanced manufacturing technology, and an actionable method to accelerate the expansion of their molecule portfolios.
The Solution: Unite for mutual gain.
China has what India Needs regarding raw materials and investors that could rapidly increase infrastructure, capacity, and molecule production.
India has what China Needs as far as a stable, low-risk agchem manufacturing base to help them mitigate the risk of losing key buyers.
It is with the objective to bring both parties to the table for potential joint venture opportunities that Pacific Agriscience has put together the world’s first decision maker-level (CEOs, Presidents, Manufacturing plant owners, Board members, Advisors) match-making forum specifically for Chinese and Indian companies. Early-stage publicity of this workshop has generated interest amongst parties curious to know the implications and ramifications of the unprecedented initiative and gathering. Therefore, Pacific Agriscience welcomes their participation as well. Any companies pertinent to the financing or support for potential JVs arising from this workshop are welcome to attend as well.
The workshop will take place in Singapore on 22 February, 2019 and is designed to be exclusive in nature (with a maximum of 30 best-in-class manufacturers from each country) in order to facilitate maximum opportunity for productive interaction.
AgriBusiness Global (ABG) has signed on to support as the official media partner, aligning the brand’s core pillar of connecting the crop input value chain for cross-industry growth at this pivotal time in the industry’s evolution.
Providing ABG with a preview of Indian companies coming to the table, Liew listed Sulphur Mills, Krishi Rasayan, AIMCO, Insecticides (India) Limited, Coromandel, Meghmani, Indofil, Atul and more.
More news on the event’s developments will follow in the coming weeks.
For more information on The Indian-Chinese AgChem Manufacturing JV Workshop, including registration details and full agenda, please contact Candy Yeung at [email protected] or call +852 93221317. CS Liew can be reached at +65 96349079 or [email protected].