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AMVAC, BIOTOR LABS EXTEND CONTRACT TO DEVELOP, MARKET BIOLOGICAL CONTROL PRODUCTS
Source: AMVAC news release

Luis Fernando Torres (center), Director General and President of Biotor Labs, S.A.; with (left) Eric Wintemute, Chairman and CEO of American Vanguard; and Bob Trogele, Chief Operating Officer and Executive Vice President of AMVAC.
Newport Beach, CA - AMVAC, an American Vanguard Company (AVD), and Biotor Labs, S.A., a Nicaragua-based developer of biological control solutions for a wide range of crops, have agreed to expand their Global Product Evaluation and Exclusive Option contract through July 2024.

Biotor markets its products Trichomax biological fungicide, Klamic biological nematicide, Cronox Plus biological nematicide and fungicide, and Atropos biological insecticide in Latin America by AgriCenter, an American Vanguard Company headquartered in Costa Rica. Sales of Biotor products have been growing strongly in the foundational agricultural markets of LATAM.

Additionally:

AMVAC agrees to collaborate with Biotor on developing next generation products utilizing each company's microbial libraries.

AMVAC Mexico, an American Vanguard Company, and Biotor, through the signed exclusive distribution agreement, have begun the process of registering products in Mexico.

AVD and Biotor will collaborate on the commercial launch in the Australia market.

"The extension of this contract is an excellent opportunity to consolidate the commercial relationship between Biotor and American Vanguard, to project the development of new markets, and to identify future products for the development of new microbial products for pest control," said Luis Fernando Torres, Director General and President of Biotor Labs.

Said Bob Trogele, AMVAC Chief Operating Officer and Executive Vice President: "We've had success to date offering a number of biorationals and specialty nutritionals through our Green Solutions portfolio, with plans underway to significantly expand both the number and market presence of biocontrol products. We're especially pleased to continue and extend our relationship with Biotor as we bring an increasing number of environmentally improved modern technology solutions to key areas of the world."

For more information, go to www.AMVAC.com.


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