November 26, 2012
Philippines' Calata signs supply agreement with Siembra Directa
Philippines' Calata Corp. has entered into an exclusive supply agreement with Siembra Directa Corp. that will give Calata an additional PHP1.6 billion (US$39 million) in sales.
The agreement calls for Calata to supply agricultural farm inputs such as seeds, agrochemicals and fertilisers to all of Siembra's farming operations in the country for the next 20 years.
Formerly Planters Choice Agro Products, Calata said it is considering similar arrangements with other agricultural companies in its bid to become the Philippines' top distributor of farm inputs.
According to its website, Calata distributes products such as San Miguel Corporation's B-Meg feeds and agrochemicals from Syngenta, Bayer, Jardine Distribution, Monsanto and Dupont.