Japanese producers Chisso, Asahi Kasei and Mitsubishi Chemical have agreed to consolidate their fertilizer operations under a new entity – JCAM Agri Co Ltd, the companies said in a joint statement on Wednesday. JCAM Agri, created through combining the businesses of Chisso-Asahi Fertilizer and Mitsubishi Chemical Agri, will begin operation on 1 October, they said. The joint venture deal has been reached after months of detailed study. “The consolidation of operations will enable significant synergies, with effective utilization of the two companies’ production bases and a streamlining of the sales networks, logistical systems, and research & development functions,” the statement said. Chisso-Asahi Fertilizer is a 65:35 joint venture between Chisso and Asahi, while Mitsubishi Chemical Agri is 95.3% owned by Mitsubishi Chem.