In this piece, we will take a look at the top five agrochemical companies in the world. For more companies, head on over to Top 25 Agrochemical Companies in the World.
5. Wesfarmers Limited (ASX:WES.AX)
Market Capitalization as of January 26, 2023: $39.95 billion (1AUD = 0.71USD)
Wesfarmers Limited (ASX:WES.AX) is an Australian firm that does business in the retail and fertilizer industry. It produces and supplies a wide variety of different fertilizers such as ammonia, potassium, nitrogen, and phosphate products. Wesfarmers Limited (ASX:WES.AX) is headquartered in Perth, Australia.
4. Nutrien Ltd. (NYSE:NTR)
Market Capitalization as of January 26, 2023: $41 billion
Nutrien Ltd. (NYSE:NTR) is a Canadian firm based in Saskatoon. It sells different kinds of fertilizers such as those using nitrogen, phosphate, and sulfur as their constituent elements. It was formerly known as Agrium but merged with another firm in 2017.
52 out of the 920 hedge funds part of Insider Monkey’s Q3 2022 survey of 920 hedge funds had bought Nutrien Ltd. (NYSE:NTR)’s shares.
Out of these, Jean-Marie Eveillard’s First Eagle Investment Management is Nutrien Ltd. (NYSE:NTR)’s largest investor. It owns 8.4 million shares that are worth $701 million.
Follow Nutrien Ltd. (NASDAQ:NTR)
Follow Nutrien Ltd. (NASDAQ:NTR)
3. Corteva, Inc. (NYSE:CTVA)
Market Capitalization as of January 26, 2023: $45 billion
Corteva, Inc. (NYSE:CTVA) is a relatively younger company that was set up in 2018, and is based in Indianapolis, Indiana. The firm makes and sells nitrogen stabilizers, pasture and range management chemicals, herbicides, pesticides, and insecticides. It is the chemicals division of DuPont de Nemours, Inc. (NYSE:DD) and was made into a separate entity in 2018 which included merging it with DOW Agrosciences as part of a complex corporate restructuring effort.
Insider Monkey’s Q3 2022 survey of 920 hedge funds revealed that 50 had invested in Corteva, Inc. (NYSE:CTVA).
Corteva, Inc. (NYSE:CTVA)’s largest investor is Israel Englander’s Millennium Management which owns 2.6 million shares that are $148 million.
Follow Corteva Inc. (NYSE:CTVA)
Follow Corteva Inc. (NYSE:CTVA)
2. BASF SE (ETR:BAS.DE)
Market Capitalization as of January 26, 2023: $51 billion (1EUR = 1.09USD)
BASF SE (ETR:BAS.DE) is one of the largest and most well known chemicals companies in the world. It has several businesses out of which the agriculture division makes and sells herbicides, fungicides, seed disease protection, biological items, and other products. BASF SE (ETR:BAS.DE) was set up in 1865, making it one of the oldest companies in the world. The firm is headquartered in Rhein, Germany.
1. Bayer Aktiengesellschaft (OTCMKTS:BAYRY)
Market Capitalization as of January 26, 2023: $60.20 billion
Bayer Aktiengesellschaft (OTCMKTS:BAYRY) is a German company that is headquartered in Leverkusen. The firm has several businesses such as consumer health products, pharmaceuticals, and agriculture. Out of these, its agriculture division is one of the leading players in the industry and makes and sells several products. These include chemical and biological based crop protection products such as herbicides, fungicides, and insecticides. Additionally, the firm also aims to launch dozens of new crop production products this decade.
Disclosure: None. You can also take a peek at 11 Best Agriculture Stocks To Buy Now and 10 Biggest HVAC Companies in the US.
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