|
 |
|
|
|||
|
 |
|
Nov. 16, 2015 Source: Dow AgroSciences news release Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: Dow), announced that it has entered into definitive agreements under which Nutrichem Co., Ltd. ("Nutrichem"), a leading supplier of agrochemicals in China, will purchase Dow AgroSciences' oxyfluorfen business. The acquisition includes the global registrations, brands, manufacturing information and intellectual property relating to the oxyfluorfen herbicides, including all Goal herbicide brands. Dow AgroSciences will be authorized to distribute Goal herbicide products made with oxyfluorfen supplied by Nutrichem on an on-going basis. The herbicide provides excellent pre- and post-emergence control of a broad spectrum of weeds, and will be a good fit for Nutrichem's existing manufacturing capabilities and expanding product portfolio while allowing Dow AgroSciences to continue to focus on innovative technologies for global agricultural markets. The transaction is expected to close by the end of 2015. Agreement and financial terms were not disclosed. About Dow AgroSciences Dow AgroSciences discovers, develops, and brings to market crop protection and plant biotechnology solutions for the growing world. Based in Indianapolis, Indiana, USA, Dow AgroSciences is a wholly owned subsidiary of The Dow Chemical Company and had annual global sales of $7.3 billion in 2014. Learn more at www.dowagro.com. Follow Dow AgroSciences on Facebook, Twitter, LinkedIn, and Google+, or subscribe to our News Release RSS Feed. About Nutrichem Nutrichem is a R&D based company in China focusing on crop protection products, development and compliance production, and is supplying qualified products via valuable customers to worldwide plant protection market for crop health growth. Nutrichem has just been listed in China (NEEQ:833819) since October 20,2015 after divesting from its mother company Huapont Life Science Co., Ltd. (Shenzhen Stock Exchange: 002004). Learn more at www.nutrichem.cn. Tweet |
|
|
|
|
|
|
|
|
|||||||||||||
