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Monsanto Expanding Production of Glyphosate Chemicals

SUGAR LAND--April 29, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Although many new construction dollars are going overseas, U.S. businesses are still experiencing an incredible boom. Agricultural-herbicide products containing glyphosate like Roundup, the leading seller in its class, are in great demand largely because of the ethanol business and rising corn prices. With the price of crude oil near $120 per barrel and corn prices on the rise because of high demand in the ethanol industry, efficient land usage is critical to farmers who wish to maximize the profitability of their farms.

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Industry Segment: Chemical Processing
Word Count: 335 Words

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