GENET archive

[Index][Thread]

7-Misc: 1998 Agrochemical Top Ten



mailinglist genet-news
-------------------------
-------------------------- GENET-news ---------------------------

TITLE:  1998 Agrochemical Top Ten
SOURCE: P A N U P S, Pesticide Action Network Updates Service
        panups@igc.apc.org
DATE:   May 7, 1999

----------------- archive: http://www.gene.ch/ ------------------


1998 Top Ten Agrochemical Companies


Nearly all the major agrochemical companies increased sales in 1998, according to Agrow: World Crop Protection News. DuPont's combined agrochemical and biotechnology sales increased by over 25%, the highest rate of increase for the top ten corporations. DuPont recently announced that it had agreed to acquire the outstanding 80% stake in Pioneer HiBred International that it did not already own. Pioneer, the world's largest seed company with sales of US$1,835 million in 1998, controls about 42% of the U.S. maize seed market.

Monsanto's growth rate was a close second with combined agrochemical and seed sales increasing by more than 23% in 1998. This was due to a 25% increase in volume sales of the herbicide glyphosate (Roundup) and a tripling of the area planted with Monsanto's genetically modified crops.

Novartis was the overall sales leader in 1998 with pesticide sales reaching US$4,152 million and seed sales at US$1,005 million. Novartis, as well as Cyanamid, DuPont, Rhone-Poulenc and Zeneca were all hit by lower than expected herbicide sales in the U.S. due to low commodity prices and weather conditions as well as other factors.

Agrochemical and seed sales in Asia, Eastern Europe and Latin America were generally lower due in part to economic problems in these regions. However, Cyanamid, Dow AgroSciences, Novartis, Rhone-Poulenc and Zeneca all reported increased sales in Latin America. Cyanamid, Dow and Novartis also had high sales in Asia.

Top ten agrochemical companies -- 1998 sales
(Use monospace font to display table)

Company                  Sales in      Change since 1997
                         Mill. US$          in %
---------------------- -------------  ------------------
Novartis      (Swiss)      4,152           -1.1
Monsanto      (U.S.)       4,032           23
DuPont        (U.S.)       3,156           26
Zeneca        (U.K.)       2,897            8.3
AgrEvo        (Ger)        2,410            2.5
Bayer         (Ger)        2,273            0.2
Rhone-Poulenc (Fr)         2,266            2.9
Cyanamid      (U.S.)       2,194            3.5
Dow Agro-Sci. (U.S.)       2,132           11
BASF          (Ger)        1,945            4.9


Sources: Agrow: World Crop Protection News, March 26, 1999 and April 16, 1999

===========================================
Pesticide Action Network North America (PANNA)
49 Powell St., Suite 500, San Francisco, CA 94102 USA
Phone: (415) 981-1771
Fax: (415) 981-1991
Email: panna@panna.org
Web: www.panna.org

To subscribe to PANUPS, send email to majordomo@igc.org
with the following text on one line: subscribe panups
To unsubscribe, use: unsubscribe panups
===========================================



-----------------------------------------------------------------


===================================================
-| Hartmut Meyer
-| Co-ordinator
-| GENET
-| The European NGO Network on Genetic Engineering
-|
-| Reinhaeuser Landstr. 51
-| D - 37083 Goettingen
-| Germany
-| 
-| phone: #49-551-7700027
-| fax  : #49-551-7701672
-| email: genet@agoranet.be
===================================================

Genet News
---------