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DUPONT SELLS CERTAIN RICE PRODUCTS TO UNITED PHOSPHOROUS
Sep. 28, 2006
Source: PRNewswire-FirstCall
DuPont announced it has sold its bensulfuron methyl rice and aquatic business assets outside of Asia Pacific to United Phosphorous Limited (UPL). Financial terms of the agreement were not disclosed.
The DuPont Crop Protection assets include DuPont(TM) Londax(R) and associated trademarks, specific mixture products and other assets specific to the rice business and DuPont(TM) Mariner(R) and other assets specific to aquatic herbicide applications.
UPL is the largest Indian agrochemical company and among the top five generic companies globally in this industry. It is engaged in research, manufacturing and distribution of agrochemicals and specialty chemicals across the globe. Revenues for the year ended March 2006 were in excess of $480 million.
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