According to the news on www.cnchemicals.com, the board of directors of Monsanto
Company (Monsanto) agreed to invest USD975 million in expanding the Luling
Factory located in Louisiana, the US for the capacity expansion of dicamba. The
project will be completed in mid-2019.
In order to solve the problem of glyphosate-resistant weeds, Monsanto developed
a crop system named Roundup Ready® Xtend, in which glyphosate will be mixed
with dicamba. The capacity expansion project of dicamba will play an important
role in this crop system. After the completion of the project, 25%-30% of
dicamba will be produced for the whole production line.
In regard to the project, Brett Begemann, chief operating officer of Monsanto
considered that Luling Factory enjoys unique geographical location in the
manufacturing network of the company, which can provide weed-managing products
to farmers in the US more conveniently. In addition, Monsanto has cooperated
with the local government for over 60 years. So this project will make a
positive contribution to the economic development in southern areas of
Louisiana.
![](http://www.cnchemicals.com/Webdata/WebResources/image/20160809/20160809162512_7606.bmp)
In the coming decades, Monsanto hopes to promote the Roundup Ready® Xtend in
the US, Brazil, southern Latin America and even in the whole world. If the
company owns a dicamba product at proper low cost to meet the increasing demand
from customers, it means a very huge market in the US – 101.17 million ha (250
million acre) of fields.
It is predicted that 100 full-time workers and 20 contractors would be
increased in the Luling Factory. The Economic Development Department of
Louisiana evaluated that the project will help create 450 new positions in
addition. That is to say, 550 position will be created in total.
John Bel Edwards, speaker of the government of Louisiana disclosed that
agricultural and chemical businesses are two major fields in Louisiana. The
capacity expansion project will strengthen these two businesses in Louisiana
and the government will greatly support Monsanto's investment.
Weeds endanger seriously the global agricultural production. They restrain the
nutrition, sunlight and water needed in crop growing. Farmers expect a
high-efficiency weed-managing technology to control the damage of weeds so as
to harvest good crops. But it is hard to develop a simple solution regarding
the crop protection. Dicamba being mixed with other crop protection measures is
a more effective way used by farmers at present.
This article comes from Glyphosate China Monthly Report 1604, CCM
About CCM:
CCM is the
leading market intelligence provider for China’s agriculture, chemicals, food
& ingredients and life science markets. Founded in 2001, CCM offers a
range of data and content solutions, from price and trade data to industry
newsletters and customized market research reports. Our clients include Monsanto,
DuPont, Shell, Bayer, and Syngenta. CCM is a brand of Kcomber Inc.
For more information about CCM, please
visit www.cnchemicals.com or get in touch with us
directly by emailing econtact@cnchemicals.com or calling
+86-20-37616606.
Tag: glyphosate dicamba