Recent events
Recent events tied to this brand in public sources.
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2022
UPL announces sale of Agri Net Solutions stake to Nerka Chemicals
UPL reported the sale of a 49.98% stake in its non-operational subsidiary Agri Net Solutions to promoter-group company Nerka Chemicals for ₹1.75 crore. The report also said the transaction was expected to be completed by the end of March.
2022
UPL Corporation raises $700 million sustainability loan
UPL Corporation raised a $700 million sustainability loan from international banks. The proceeds will be used to repay part of debt incurred to fund its 2019 acquisition of Arysta Life Sciences.
2021
UPL raises second tranche of sustainability-linked loan
UPL raised a second tranche of a USD 700 million sustainability-linked loan on December 31, 2021. The tranche was USD 700 million, reduced interest costs by 35 basis points, and offered a further 5-basis-point reduction if agreed sustainability indicators were achieved.
2021
UPL announces proposed acquisition of 80% of PT Excel Meg Indo
UPL said its step-down subsidiary UPL Global had entered into a definitive agreement to acquire an 80% stake in PT Excel Meg Indo, an Indonesian agrochemicals and fertilizers trading business. UPL expected to complete the acquisition by December 31, 2021.
2021
UPL and Chr. Hansen announce strategic collaboration on microbial biosolutions
UPL announced a long-term strategic collaboration with Chr. Hansen to develop microbial-based biosolutions, including biostimulants and biopesticides. UPL will research opportunities and commercialize the products through its distribution network, while Chr. Hansen will design biological products using its microbial capabilities.
2021
UPL wins two intellectual property awards
UPL said it had won two intellectual property awards for its focus on innovation.
2021
UPL launches the NPP business unit
UPL announced the launch of NPP (Natural Plant Protection), a global business unit consolidating its portfolio of natural and biologically derived agricultural inputs and technologies. NPP is to operate as a stand-alone brand.
2021
UPL receives Asian Sustainability Leadership Award
UPL received the Asian Sustainability Leadership Award for Excellence in Sustainability Performance Management.
2021
UPL appointed Carlos Pellicer as chief operating officer
UPL said it was appointing Carlos Pellicer as chief operating officer, effective immediately.
2021
AgroFresh reaches settlement with Decco
AgroFresh announced that it reached a settlement in its ongoing litigation against Decco Post-Harvest and Decco's parent company, UPL Limited; the settlement terms are confidential and the source does not specify when it was reached.
2020
Delaware court reduces award in UPL–AgroFresh litigation
The Delaware District Court reduced a prior $31 million jury verdict to $13 million and vacated a number of jury determinations on key counts in ongoing intellectual-property litigation concerning TruPick, a 1-MCP product launched by UPL's post-harvest business in the United States. UPL said it was considering options, including a potential appeal.