Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Agchem innovation recognised by Callaghan

25 June 2014

Agchem innovation recognised by Callaghan

A major investment in technology by Zelam Limited, a New Plymouth-based agrichemical company, has been recognised by Callaghan Innovation.

Zelam is well-known on the land for its popular agrichemical brands – like TAG G2, Headstart, Pycus and Vixen. But few farmers and growers will be aware that the company behind these brands has one of the country’s largest research teams outside the universities and CRIs.

Each year, Zelam invests up to $3 million in chemistry, field trials and analyses. Now 20 per cent of its New Zealand research budget is being refunded by way of R&D grants from Callaghan Innovation, a government agency that helps fund businesses that invest in research and development.

The aim of the grants is to accelerate innovation by firms in New Zealand, so they turn ideas into marketable products and services more quickly and successfully.

“Of our 45 staff, 17 are full-time researchers,” says general manager Andrew Thompson.

“Our research focus is on tried and true agrichemicals that are off-patent. By developing novel formulations and delivery mechanisms for these products, we are helping farmers to beat weeds, pest and diseases that continue to prevent crops reaching full yield potential.

“We have developed formulations that are effective at lower application rates than established products. In addition, our oleo formulations make it easier for farmers by providing a one-drum product, versus having to mix separate products that are not normally stable in water.”

Of the company’s 10 top selling products, eight are based on Zelam IP. These include innovative mixes of chemical actives, the use of micro-encapsulation technology developed by Zelam and the adaptation through trial work in New Zealand of actives used in unrelated crops overseas.

Some of Zelam’s formulations have a big potential to earn foreign exchange from sales overseas. But most of the company’s products will reward taxpayer support indirectly – by making farmers and growers more efficient and helping boost the primary export economy.

Research manager Paul Lobb says the Callaghan funding is very welcome.

“Over the next five years we expect to get Callaghan grants of up to $3 million, which gives a good indication of the investment we are making in new technology. This will enable us to increase our investment in R&D by a similar amount.”

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Scoop Business: Reserve Bank’s Spencer Calls On Govt To Rethink Housing Tax

The Reserve Bank has urged the government to take another look at a capital gains tax on investment in housing, allow increased high-density development and cut red tape for planning consents to address an over-heated Auckland property market. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news