FMC, GAT Microencapsulation sign distribution deal

FMC, GAT Microencapsulation sign distribution deal

11:32 AM, 7th December 2012
FMC, GAT Microencapsulation sign distribution deal

PHILADELPHIA, US: FMC Corporation’s Agricultural Products Group has signed a perpetual, global licensing agreement, along with distribution and services agreements with GAT Microencapsulation AG covering a range of advanced crop protection products and proprietary formulation technologies.

FMC will access GAT Microencapsulation’s complete library of intellectual property, which includes a portfolio of registered products, proprietary formulation technologies, and new products in development. FMC will be the main distributor of GAT Microencapsulation’s current product portfolio in virtually all global markets. GAT Microencapsulation will supply the products to be sold, as well as new materials for products FMC commercializes in the future. Terms of the agreement were not disclosed.

“Over the years, FMC’s innovation and collaboration initiatives have delivered impressive crop protection technologies. We are pleased to be adding to our portfolio GAT Microencapsulation’s products and proprietary formulation technologies. With their research and development expertise, product registration experience, and key location in central Europe, we have found an important new strategic partner that will help us achieve our Vision 2015 goals,” said Mark Douglas, President, FMC Agricultural Products.

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