American Vanguard, TyraTech develop commercialize pesticides

American Vanguard, TyraTech to develop and commercialize pesticides

7:33 AM, 5th December 2012
American Vanguard, TyraTech to develop and commercialize pesticides

NEWPORT BEACH, US: Amvac Chemical Corporation, a wholly-owned subsidiary of American Vanguard Corporation, has formed a new joint venture with natural life science company, TyraTech Inc. The joint venture will develop and commercialize pesticide products featuring TyraTech’s Nature’s Technology which harnesses the synergy of natural ingredients to deliver products with the highest level of efficacy and safety. 

The joint venture will commercialize these best-in-class pesticide products and technologies in the global consumer household and lawn and garden retail markets. Additionally, it will develop and commercialize products and technologies in global commercial, institutional, professional, crop protection and seed treatment markets. As part of this collaboration, Amvac will have access to TyraTech’s patented screening platform that is utilized to identify synergistic combinations of natural compounds that display efficacy in controlling insect and parasitic infestation.

Amvac will own a majority interest in joint venture. The new company will be led by Shayne M Wetherall, Vice President of Commercial Operations, TyraTech, who will serve as CEO of the venture. The new company will be headquartered in the Research Triangle Park area of North Carolina, giving it direct access to TyraTech’s R&D, production, and supply chain teams.

“This joint venture collaboration represents an exciting growth opportunity for Amvac. This important addition of technologies, products, and capabilities complements Amvac’s existing product offering in crop and non-crop sectors. We are excited to work with TyraTech, a company known for its lengthy commitment to R&D which has resulted in several state-of-the-art natural product lines,” said Eric Wintemute, Chairman and CEO, American Vanguard.

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