OREANDA-NEWS. March 26, 2013. In St. Louis, USA, Sinochem Group’s holding and listed company Sinochem International (Holding) Co., Ltd. (hereinafter referred to as Sinochem International) entered into the agreement with Monsanto of the USA on distribution of “Roundup” products in Australia and New Zealand and the global pesticide supply cooperation.

According to the said two agreements, Sinochem International would obtain the exclusive distribution right of “Roundup” branded herbicide in Australia and New Zealand, and become an important supplier of agrochemical products of Monsanto.

Mr. Pan Zhengyi, Vice President of Sinochem Group and Chairman of Sinochem International, attended the signing ceremony.

These agreements have opened up broader international operation space for agrochemical business of Sinochem International, marking the company’s entry into another significant agrochemical market in the Asia-Pacific region. Before that, Sinochem International acquired the exclusive distribution right of “Roundup” products in Chinese mainland and Philippine markets in 2006 and 2010, respectively.

Sinochem International Australia Pty. Ltd. under Sinochem International will take charge of the distribution of “Roundup” products in Australia and New Zealand and provide value-added service to local farmers.