Press Release

IIL to distribute PULSOR, a new generation fungicide from Japanese Giant, Giant, Nissan Chemical Industries, Ltd.

Delhi, January 31, 2012
Insecticides (India) Limited has reached a collaboration agreement with Japanese Company Nissan Chemical Industries, Ltd. for Pulsor (Thifluzamide), a systemic/curative fungicide highly effective against diseases caused by Rhizoctonia fungus on various crops like paddy. This fungicide has been very successful and already commercialized in Japan, Brazil, Mexico, Colombia, Venezuela, Dominican Republic, Panama, South Korea, Vietnam, Taiwan and China. Pulsor has been a breakthrough patented product which provides a pre and post emergence solution against rhizoctonia solani which is found in many parts of India. The approx consumption of fungicides in this segment is about 200 Crores. Under this agreement Insecticides (India) Limited will exclusively marketing the product in India.
Pulsor is to add another feather to IIL’s cap in furtherance to Lethal, Victor, Thimet and Monocil. This is first Japanese collaboration for IIL and definitely will add handsome growth to the top line of the company.

Commenting on the new Japanese collaboration Mr. Rajesh Aggarwal, Managing Director (IIL) said “I’m thankful to Nissan Chemical Industries, Ltd. for showing confidence on us, and we are sure that with our strengths in marketing, we will be able to make this product a success in India. This product has a huge scope across India mainly in the states of Andhra Pradesh, Karnataka, Punjab, Chhattisgarh, Odisha and West Bengal.”

Mr. Sato Yuji (Manager Asia) & Dr. R. K. Yadav (Country Head) for Nissan Chemical Industries, Ltd. said that “we are aware that we are very selective in partnering for marketing of our products internationally, and trust our choice of IIL will reap good results. We are very positive about the response for the product as a popular fungicide in India.

Mr.Shinji Hasebe, General Manager International Operations (Nissan Chemical Industries, Ltd.) said that I am very honour to reach an agreement for distribution of Pulsor business with IIL in India. I believe that IIL, with their strong distribution network & high credibility from customers, will successfully introduce our product Pulsor. It is no doubt that Pulsor will be able to contribute to the Indian farmers to ensure their productivity from Rhizoctonia disease.

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