STK (Stockton)
Inclined to cooperate with Chengdu Newsun Crop Science
Publish by : Agropages
Recently the President Guy of S.T.K. Stockton Group Ltd visited the Cinoong head office of Chengdu Newsun Crop Science in the company of the board chairman He Qiming. Both parties have had discussion on biopesticide distribution and registration, particularly the sales of botanic pesticide in Asia Pacific, South America, North America and EU countries.
During the visit, Chairman He briefed the company’s focused organic inputs over the last 30 years, its latest agriculture-interactive service and the achieved objective of increased income of growers and decreased spending of consumers via the operations of the Cinoong e-commerce. Chairman He shared with the Stockton delegation the experience of cooperation with customers of Israel and Peru, aswell as the intended cooperation with Singapore’s largest retailer NTUC Fairprice concerning the sales of agricultural product.
After the visit, President Guy told AgroPages, “We are impressed by the workshop, research and production capacity of Newsun Crop Science, as well as their biological production expertise. We’re pleased to see their commercialized product and to know their market share in China.”
When AgroPages asked President Guy their intention of entry to Chinese market, President Guy expressed that “China is a big market, where biological products and value-added products are becoming more and more attractive. Government’s support to the industry provided Newsun Crop Science with opportunity of development. From now on, our shareholder Sichuan Hebang Group will help us to speed up our penetration into Chinese market.”
Speaking of the possible mode of cooperation with Newsun Crop Science, President Guy believes that there are several potential opportunities of cooperation between the 2 parties in both Chinese market and overseas market, including a joint development of biological formulations. The solutions of Stockton and Newsun Crop Science may synergize in many aspects, such as the complementation to the action mechanism, which can be combined and made to be a sustainable agricultural solution. Moreover, both parties may work together to enhance the chemicals resistance management.
It is reported that Stockton is a top biopesticide enterprise in the world. Its business has grown very fast over the last several years, having set up subsidies in 18 countries and sales network in 35 countries. The cooperation between the two parties brings together the 2 strong companies, which enables both to enter respective market via assistance in registration for each other. The cooperation is beneficial to complement the product line of each other, and is very beneficial to rapid promotions of biopesticide , particularly the botanic pesticide.
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