Ancom Nylex seen to gain from paraquat ban

The ban is expected to improve demand for Ancom Nylex’s formulations, considered close substitutes for paraquat.

PETALING JAYA: Ancom Nylex Bhd’s agriculture chemicals business is set to benefit from the ban on use of paraquat in Thailand and Brazil.

With the ban, there will be demand for Ancom Nylex’s formulations, namely, Dasaflo and Monex HC, which are identified as close substitutes to the banned poisonous herbicide.