Adama Ltd - Company Profile

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Business Description

Adama Ltd (Adama), formerly Hubei Sanonda Co Ltd, a subsidiary of Syngenta Group Co Ltd, develops, manufactures, and commercializes crop protection products. It offers a comprehensive range of herbicides, insecticides, and fungicides that help farmers prevent or control weeds, insects, and diseases that harm crops. The company also offers other products and services such as the manufacturing and marketing of dietary supplements; food colors; texture and flavor enhancers; food fortification ingredients; fragrance products for the perfume, cosmetics, body care, and detergents industries; the manufacturing of industrial products; and other non-material activities. As of December 2023, the company offered its solutions to more than 100 countries in North America, Latin America, Asia-Pacific, Europe, Africa, and the Middle East. In FY2024, the company operates its manufacturing units in Neot Hovav and Ashdod in Israel; Anpon, Sanonda, and Huifeng in China; and Taquari in Brazil. As of December 2024, the company offered an extensive portfolio of over 300 centrally managed AIs and over 1,580 different mixtures and formulations. The company operates through two reportable business segments: Crop Protection (Agro); and Intermediates and Ingredients. In FY2024, the capital expenditure stood at CNY1,423.5 million, which was 4.8% of the company’s total revenue and decreased 39.9% YoY.

R&D Overview

R&D efforts focus on all aspects of its portfolio; product development, developing advanced formulations, and innovative delivery technologies. Further, it also invests in chemical R&D. The Company has development and registration centers, located in Israel, Brazil, and India. In FY2024, it spent CNY416.3 million on R&D, which was 1.4% of its revenue and decreased by 13.8% YoY.

Business Segments

Overview

Offers the manufacture and marketing of a wide range of crop protection solutions and conventional agrochemical products. Its products include herbicides, insecticides, fungicides, plant growth regulators, and seed treatments. Herbicides are designed to prevent or stunt the development of such weeds to allow the cultivated crop to develop optimally throughout the different stages of its growth and therefore to reach optimum yield. The company sells both selective and non-selective types. Insecticides are designed to control various types of insects and pests selectively. Fungicides are designed to combat various diseases and parasitical fungi.

Performance

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Overview

Its activities include the production of dietary supplements; food colors; texture and flavor enhancers; food fortification ingredients; oxidization retardants; fragrance products for perfume, cosmetics, body care, and detergents industries; manufacturing of industrial products; and other non-material activities. The segment manufactures oxidation retardants under the brand Lycopan.

Performance

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Geographical Segments

Performance

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Performance

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Performance

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Performance

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