25 November 1999
Koor looks to improve agrochem

KOOR Industries, the Israeli holding company, plans to concentrate on improving performance at MA Industries, its generic agrochemicals business, in the next stage of its restructuring.

The unit has been hard hit by exposure to Latin American markets and particularly Brazil.

Net income at Koor climbed 26% during the first nine months of the year to Shk311m (US$73.4m), on revenues up 10% to Shk7.9bn.