NACL in pact with ATGC Biotech

NACL in pact with ATGC Biotech

BUSINESS LINE
Hyderabad, June 05, 2018

NACL Industries Limited, formerly known as Nagarjuna Agrichem Limited, has entered into a memorandum of understanding with ATGC Biotech Private Limited for a joint venture in plant protection business. ATGC is a pheromone chemical synthesis company located in Hyderabad. The growing crop protection business in India has thrown up opportunities for new modes of controlling insects and other pests without having residuary effects on the crop, an NACL press release said on Tuesday. With resistance to the GMO (genetically modified organisms) crops impacting the agricultural sector, mating disruption technology is the future for sustainable pest control, it said.