Latest news with #IIL
Business Upturn
26-05-2025
- Business
- Business Upturn
Insecticides (India) launches Altair, a patented pre-emergent herbicide for paddy
By Aman Shukla Published on May 26, 2025, 12:11 IST Insecticides (India) Limited (IIL), a publicly listed company on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), has announced the launch of Altair , a patented pre-emergent herbicide developed by Nissan Chemical Corporation, Japan. IIL will exclusively market the product in India as part of its ongoing partnership with Nissan Chemical, which began in 2013. Altair is designed for use in paddy (rice) cultivation and aims to address the persistent issue of weed management in Indian rice fields. Developed over eight years of research by Nissan Chemical Corporation, Altair introduces a new mode of action in the pre-emergent herbicide category. The herbicide forms a protective barrier in the soil when applied within 0 to 3 days after transplanting paddy. This barrier prevents weed emergence for 40 to 50 days, covering the crop's early growth period. Altair targets a broad spectrum of weeds, including Echinochloa crus-galli, Ammania, and various Cyperus species, which are commonly found in Indian paddy fields. The formulation of Altair has been tailored to suit Indian agronomic conditions. According to Insecticides (India) Ltd., it offers a simplified application process and consistent performance. The product will be made available through IIL's distribution network across all major paddy-growing regions in India. Mr. Manoj Singh Bhandari, Crop Manager – Rice at Insecticides (India) Limited, noted that Altair will be integrated into the company's existing product line for rice cultivation. InsecticidesPatel Engineering Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
The Hindu
07-05-2025
- Business
- The Hindu
Finishing school for biotechnologists inaugurated
Federation of Asian Biotech Associations (FABA), Indian Immunologicals Limited (IIL), and Agri Biotech Foundation (ABF) have officially inaugurated their collaborative finishing school programme at the Agri Biotech Foundation, Rajendra Nagar, here on Wednesday. FABA executive president and ABF vice president Prof. Reddanna said the one-month course is meant to bridge the industry-academia gap in biotechnology with extensive hands-on training in state-of-the-art wet lab facilities. IIL managing director Anand Kumar traced the growth of the institute in becoming the world's largest vaccine maker, producing human vaccines as well, including Rabies and Hepatitis A vaccines. Director of AGF Pakki Reddy said the organisation had taken up over 100 projects in collaboration with many institutions and had established centres in Mahbubnagar and Nalgonda, working with castor, groundnut, and pigeon pea crops, as well as in the animal sector, said a press release.
Business Recorder
07-05-2025
- Business
- Business Recorder
Pakistan steel exporter sets up subsidiary in Ireland to tap European markets
International Industries Limited (IIL), one of Pakistan's largest manufacturers and exporters of steel and polymer pipes, has launched a wholly-owned subsidiary in Ireland called INIL Europe Limited. The listed steel exporter shared the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday. 'A new venture has now been launched by IIL in Europe. The company has set up a fully owned subsidiary, 'INIL Europe Limited,' in Ireland, with the primary goal of expanding its global presence by trading its products in Ireland and other European Union countries,' read the notice. The company stated that it remains focused on the sustainable expansion of both its domestic and export portfolios, while also exploring new revenue opportunities. 'To this end, the company is evaluating various new ventures, planning to introduce new products, and targeting exciting new markets. In line with this strategic direction, IIL has already established subsidiaries such as IIL Australia Pty Ltd. in Australia, IIL Americas Inc. in Canada, and IIL Trading (Pvt) Ltd. in Pakistan.' International Steels Limited Over the past five years, IIL's exports have surpassed $150 million, with its products sold in more than 60 countries, including Australia, North America, Europe, Africa, the Middle East, and South Asia. The company believed that the new European subsidiary would play a key role in opening new markets for IIL products and promoting the 'Pakistan' brand in Europe. 'This venture will also contribute to earning foreign exchange, supporting the economic growth and sustainability of both IIL and the country. The company is confident of leveraging its brand and reputation to establish a rewarding niche in Europe,' it added. Incorporated in Pakistan in 1948, IIL is the country's largest manufacturer of steel and polymer pipes with an annual manufacturing capacity of 817,000 tons and annual revenues of Rs37.8 billion. The company has an equity of Rs14.5 billion and has featured on the listing of Pakistan's Top 25 Companies for the last 14 years.
