The Company hereby informs that the Company is in receipt of Certificate of Registration of Triclopyr Technical in Brazil.
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Aimco Pesticides has received a Certificate of Registration for its Triclopyr Technical product from Brazil's Ministry of Agriculture, Livestock and Supply. Brazil is described as the world's largest market for Triclopyr, a widely used herbicide. With this approval, Aimco becomes the first Indian company to secure a Triclopyr registration in Brazil. The registration is perpetual (no expiry). The company plans to supply Triclopyr Technical and its formulations to Brazilian agriculture.
Positive for shareholders: opens access to the world's largest Triclopyr market, gives Aimco a first-mover advantage among Indian agrochemical firms, and could boost future export revenue. No immediate financial figures were disclosed.