FMC Acquires Bayer Crop Science’s Rovral Sportak Fungicides

FMC Acquires Bayer Crop Science’s Rovral and Sportak Fungicides

11:29 PM, 7th December 2011
FMC Acquires Bayer Crop Science’s Rovral and Sportak Fungicides

PHILADELPHIA, US:  FMC Corporation announced that it has acquired Rovral® iprodione and Sportak® prochloraz fungicides from Bayer CropScience.  The transaction includes the use of these two fungicide families and their product trademarks for agricultural use outside Europe.

"We are pleased to add these established fungicides to FMC's broad portfolio of herbicides and insecticides," said Milton Steele, president, FMC Agricultural Products Group.  "These are highly effective, resistance management technologies that are used worldwide, primarily in the tree, fruit and vegetable markets, as well as in a wide range of crops, including cereals, canola, and soybeans.  They are brands well recognized by leading agricultural customers around the world.  FMC will continue to develop and extend these great additions to our product portfolio."

Bayer CropScience is currently restructuring its Crop Protection business by rejuvenating its portfolio and increasing its focus on key brand families.  "This divestment is in line with our global strategy to optimize our portfolio and to build a solid foundation for profitable growth," explained Sandra Peterson, Chief Executive Officer of Bayer CropScience.  "And it is an excellent opportunity for us to extend our relationship with FMC, an important player in the agricultural industry."

According to Pierre Brondeau, FMC president, chief executive officer, and chairman, "This transaction is another major step in FMC's Vision 2015 growth strategy.  We continue to execute our long-term plan to grow FMC organically and through targeted acquisitions that supplement our technology portfolio and strengthen our positions in critical businesses, markets and regions."  Brondeau added, "This is an exciting acquisition for FMC, and we've been pleased to work with a well respected leader in this field, Bayer CropScience."


© WOC News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

INEOS Oxide to build Ethylidene Norbornene (ENB) plant in South East Asia

TEXAS, US: INEOS Oxide, has confirmed that it is planning to expand its Ethylidene Norbornene (ENB) capacity as part of its growth strategy. It plan ...

Read more
Geochemist Tom Guilderson wins E.O. Lawrence Award for radiocarbon work

DUNEDIN, NEW ZEALAND: Laboratory Geochemist Tom Guilderson has been named winner of the Department of Energy's prestigious Ernest Orlando Lawrence A ...

Read more
Invention of new switch that could improve electronics

PITTSBURGH, US: Researchers at the University of Pittsburgh have invented a new type of electronic switch that performs electronic logic functions w ...

Read more
Graphene lights up with new possibilities

TEXAS, US: Rice researchers' two-step technique makes graphene suitable for organic chemistry. The future brightened for organic chemistry when rese ...

Read more
Synthesis of tiny, molecular cages to capture and purify nanomaterials

NEW YORK, US: University at Buffalo chemists have synthesized tiny, molecular cages that can be used to capture and purify nanomaterials. Sculpted ...

Read more
Making a light-harvesting antenna from scratch

St. LOUIS, US: At Washington University in St. Louis’ Photosynthetic Antenna Research Center (PARC) scientists are exploring native biological ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X