Extending the partnership in agricultural nutrition segment
Establishing a joint lab to further support bio-stimulant product development
May 29, 2024 – AHB and BASF Agricultural Solutions have signed a strategic cooperation agreement to jointly explore and develop the agriculture nutrition segment in China. The collaboration will utilize BASF’s comprehensive expertise in agricultural solutions and AHB’s strength in synthetic biology to promote sustainable agriculture in China.
Under the agreement, both parties will work together to develop biostimulant products that can help to increase crop yield, improve crop quality, and enhance crop resilience. In addition, the jointly established Plant Nutrition Application R & D Institute will serve as innovation hub for the two companies providing support in new product development, formulation development, bio-measurement experiments, and field trials. Moreover, both parties will collaborate closely in various fields, such as research on mode of action and digital farming.
The partnership between AHB and BASF is grounded on a shared commitment to sustainable development. Both parties are dedicated to solving the challenges faced by agriculture through innovation and cooperation, including improving the nutritional value of agricultural products, promoting fertilizer reduction and synergism practices, achieving effective resource utilization, and protecting the environment.