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ASH's Agrimer Eco-Coat Gets EPA Approval for Pesticide Use in the US
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Key Takeaways
ASH's agrimer eco-coat polymer seed coating is officially posted and approved by the U.S. EPA.
ASH can now use the ingredient in food and non-food pesticide formulations.
ASH says the posting enables U.S. and authorized global growers to buy, sell and test the coating.
Ashland Inc. (ASH - Free Report) announced that its agrimer eco-coat polymer seed coating for crop care has been officially posted and approved by the United States Environmental Protection Agency. The new ingredient has been developed using the company’s patented Transformed Vegetable Oils (TVO) technology and can now be used for applications in all food and non-food pesticide formulations.
The approval expands the product’s marketability and opens new opportunities for the company to collaborate with its customers and partners based in the United States. The posting will also enable U.S. growers and authorized growers in Latin America, Europe and other regions to buy, sell and test Ashland agrimer eco-coat polymer seed coating.
This is a significant step toward the global commercialization of Ashland’s TVO technology that will also support sustainability in agriculture. The move displays Ashland’s focus on innovation and delivering growth. It continues to improve crop care and enhance research in life sciences to achieve its broader goal of responsibly solving for a better world.
ASH stock has lost 3.7% over the past year compared with the industry’s flat performance.
Image Source: Zacks Investment Research
ASH’s Zacks Rank & Key Picks
ASH currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Coeur Mining, Inc. (CDE - Free Report) , Albemarle Corporation (ALB - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
The Zacks Consensus Estimate for CDE’s 2025 earnings is pegged at 91 cents per share, indicating a rise of 405.56% year over year. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing it in the remaining two, with an average surprise of 106.61%. CDE’s shares have soared 205% over the past year.
The Zacks Consensus Estimate for ALB’s 2025 loss is pinned at 70 cents per share, indicating a 70.09% year-over-year increase. Its shares have surged 117.4% over the past year.
The Zacks Consensus Estimate for ASM’s 2025 earnings is pinned at 17 cents per share, indicating a 13.33% year-over-year increase. ASM’s shares have skyrocketed 640.8% over the past year.
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Image: Bigstock
ASH's Agrimer Eco-Coat Gets EPA Approval for Pesticide Use in the US
Key Takeaways
Ashland Inc. (ASH - Free Report) announced that its agrimer eco-coat polymer seed coating for crop care has been officially posted and approved by the United States Environmental Protection Agency. The new ingredient has been developed using the company’s patented Transformed Vegetable Oils (TVO) technology and can now be used for applications in all food and non-food pesticide formulations.
The approval expands the product’s marketability and opens new opportunities for the company to collaborate with its customers and partners based in the United States. The posting will also enable U.S. growers and authorized growers in Latin America, Europe and other regions to buy, sell and test Ashland agrimer eco-coat polymer seed coating.
This is a significant step toward the global commercialization of Ashland’s TVO technology that will also support sustainability in agriculture. The move displays Ashland’s focus on innovation and delivering growth. It continues to improve crop care and enhance research in life sciences to achieve its broader goal of responsibly solving for a better world.
ASH stock has lost 3.7% over the past year compared with the industry’s flat performance.
Image Source: Zacks Investment Research
ASH’s Zacks Rank & Key Picks
ASH currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Coeur Mining, Inc. (CDE - Free Report) , Albemarle Corporation (ALB - Free Report) and Avino Silver & Gold Mines Ltd. (ASM - Free Report) .
While CDE and ALB sport a Zacks Rank #1 (Strong Buy) each at present, ASM carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for CDE’s 2025 earnings is pegged at 91 cents per share, indicating a rise of 405.56% year over year. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing it in the remaining two, with an average surprise of 106.61%. CDE’s shares have soared 205% over the past year.
The Zacks Consensus Estimate for ALB’s 2025 loss is pinned at 70 cents per share, indicating a 70.09% year-over-year increase. Its shares have surged 117.4% over the past year.
The Zacks Consensus Estimate for ASM’s 2025 earnings is pinned at 17 cents per share, indicating a 13.33% year-over-year increase. ASM’s shares have skyrocketed 640.8% over the past year.