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calendar 9 June, 2026 15:21:56 IST

Nissan Chemical- Bharat Rasayan jv setting up new herbicide facility

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Japan-based Nissan Chemical Corporation is establishing a dedicated manufacturing facility for its new herbicide Ryzonic (iptriazopyrid) at its Indian joint venture, Nissan Bharat Rasayan Pvt. Ltd. (NBR), in Saykha, Gujarat.

NBR was formed in 2020 as a joint venture between Nissan Chemical and New Delhi-based Bharat Rasayan Ltd., one of India’s leading agrochemical manufacturers. The jv commissioned its first plant at Saykha in March 2023.

The new facility is scheduled for completion and commencement of operations in fiscal year 2028, ahead of Ryzonic’s planned commercial launch in Japan and India in 2027, to be followed by broader global expansion.

Ryzonic is a proprietary rice herbicide discovered and developed by Nissan Chemical and it is expected to strengthen the position of the Japanese agrochemicals major in the highly competitive global paddy rice market.

Nissan Chemical views the investment as a cornerstone of its growth strategy, aimed at building a stable supply system capable of meeting anticipated demand for the herbicide. By localising production at NBR, the company seeks to strengthen supply-chain resilience and enhance responsiveness to global market requirements.

While the project is not expected to materially affect consolidated financial results in the current fiscal year, the company anticipates it will contribute to earnings growth over the medium to long term.

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