- AgCert International was created by XL TechGroup in May 2002 and is a global leader in the production and sale of agriculturally derived greenhouse gas emission reductions, with business in Europe, Asia, North America and South America. AgCert was listed on the London Stock Exchange on 8th June 2005 with an initial market cap of approximately euro 215 million. XL TechGroup maintains a 27.2% interest in AgCert. http://www.agcert.com
The second company in the new generation of XL TechGroup businesses is:
- TyraTech LLC, which was created by XL TechGroup in July 2004, is developing a new class of highly effective, non-toxic pesticides using cloned insect chemoreceptors, based on approved, safe, natural oils. Its development is progressing rapidly and TyraTech, which is 66.7% owned by XL TechGroup, is expected to be earning its first revenues by the end of 2005. http://www.tyratech.com
XL TechGroup has several other opportunities already at an advanced stage in its business creation pipeline.
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