BASF starts production of its fungicide innovation Revysol®
Hannibal, Missouri – December 5, 2018 – BASF has started production of its latest fungicide innovation Revysol® at its site in Hannibal. With this new active ingredient, BASF will provide farmers worldwide with a new tool to ensure healthy, disease-free crops for a longer period of time and will strengthen its leading position in fungicides. Revysol is the first fungicide to be produced at the site in Hannibal. Pending regulatory approval, first market introductions are expected for the 2019/2020 season.
“We are pleased with the successful start of production in Hannibal. It is a significant milestone towards bringing this highly-effective fungicide to our customers,” said Markus Heldt, President of BASF’s Agricultural Solutions division. With an investment in the double-digit million euro range, BASF has enhanced an existing manufacturing system to produce the new active ingredient.
Locating the world’s first production site for Revysol in the United States emphasizes the strategic importance of this new fungicide to North American markets. “We are proud that Hannibal is the first site to produce Revysol,” said Anne Berg, Vice President Manufacturing Americas, BASF’s Agricultural Solutions division.
“This decision was based on the high level of technology and experience on the site and is an investment in its future development that will save and create new jobs.”
Revysol is expected to become BASF’s new blockbuster fungicide. It has the potential of reaching peak sales above €1 billion. BASF has applied for registration of Revysol in 60 countries across Europe, Asia and the Americas for more than 40 crops. The proprietary compound was designed to meet the high level of regulatory standards while demonstrating an outstanding performance and selectivity in a broad range of row and specialty crops. Farmers will benefit from its fast-acting and long-lasting disease control resulting in improved farm management. Revysol will be available in customized formulations to farmers across the globe and enable them to better protect their crops under various growing conditions.
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About BASF’s Agricultural Solutions division
With a rapidly growing population, the world is increasingly dependent on our ability to develop and maintain sustainable agriculture and healthy environments. Working with farmers, agricultural professionals, pest management experts and others, it is our role to help make this possible. That’s why we invest in a strong R&D pipeline and broad portfolio, including seeds and traits, chemical and biological crop protection, soil management, plant health, pest control and digital farming. With expert teams in the lab, field, office and in production, we connect innovative thinking and down-to-earth action to create real world ideas that work – for farmers, society and the planet. In 2017, our division generated sales of €5.7 billion. For more information, please visit www.agriculture.basf.com or on any of our social media channels.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The more than 115,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into four segments: Chemicals, Performance Products, Functional Materials & Solutions and Agricultural Solutions. BASF generated sales of more than €60 billion in 2017. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (BAS). Further information at www.basf.com.