- Business
- ADAMA Ltd. (000553.SZ) develops, manufactures, and commercializes off-patent crop protection products worldwide; its core offerings include herbicides, fungicides, and insecticides to combat weeds, diseases, and insects in agricultural crops, as well as miticides, nematicides, seed treatments, and plant growth regulators; the company also provides intermediates for active ingredients, food additives, synthetic aromatics, dietary supplements, food colors, texture and flavor enhancers, fragrance products for perfumes, cosmetics, and detergents, plus biologicals and agricultural technologies. Founded in 1945 and headquartered in Airport City, Israel, ADAMA operates as a subsidiary of Syngenta Group Co., Ltd. with manufacturing and R&D facilities primarily in Israel and China, serving farmers in over 100 countries across Europe, North America, Latin America, Asia-Pacific (including China), Africa, and the Middle East through the Crop Protection and Intermediates & Ingredients segments. In early 2024, ADAMA launched its "Fight Forward" strategic transformation plan focused on cost reduction, portfolio optimization, commercial and manufacturing excellence, and improved profitability, yielding higher adjusted gross profit, EBITDA margins, sales volumes in the second half of 2024, operating cash flow of $528 million, and free cash flow inflow of $217 million for the full year; the company registered and introduced multiple differentiated products during 2024, including new prothioconazole-based cereal fungicides such as Soratel, Forapro, Maganic, Maxentis powered by proprietary Asorbital formulation technology, dual-mode herbicides like Outshine All In, Forcefighter All In, and triple-mode Chrome, plus unique PPO herbicide Sonavio and Metamitron-based Goltix 700 SC for sugar beets; in 2025, ADAMA advanced its novel fungicide active ingredient Gilboa (flumetylsulforim), classified by FRAC as a new Group 32 mode of action targeting nucleic acid metabolism in cereals and oilseed rape for septoria, ramularia, and sclerotinia control, with approvals expected in Great Britain by 2027 and the EU by 2029; earlier moves include the 2023 completion of the AgriNova New Zealand (Grochem) acquisition to expand in biologicals, plant nutrition, and growth regulators, and prior stakes in Chinese and Paraguayan entities.