Monsanto awards crop protection products distribution contract Sinochem

Monsanto awards crop protection products distribution contract to Sinochem

12:04 PM, 7th March 2013
Monsanto awards crop protection products distribution contract to Sinochem

ST LOUIS, US: Monsanto awarded a potentially lucrative contract to distribute its crop protection products in Australia and New Zealand to China’s Sinochem, a day after terminating a decade-long deal with Nufarm. The move builds on existing ties with Sinochem that involve the Chinese state-owned chemicals giant selling Monsanto’s Roundup brand in China and the Philippines. It also marks the biggest push by Sinochem into the Australian market since it abandoned a $2.62 billion takeover bid for Nufarm in 2009.

Sinochem will become sole distributor of Roundup in Australia and New Zealand in September, but can start selling it on a non-exclusive basis three months earlier. “Sinochem has been an excellent global partner and we believe they will do an outstanding job serving our customers in Australia and New Zealand through this new agreement,” said Mike Frank, Head of international row crops and global vegetable business, Monsanto.

© Dow Jones 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

EMS takes control of EFTEC automotive supply business

HERRLIBERG, SWITZERLAND: The EMS Group, globally active in the business areas High Performance Polymers and Specialty Chemicals and with its companies ...

Read more
Bayer, Biotrigo expand wheat breeding partnership in Brazil

MONHEIM, GERMANY: Bayer CropScience and the Brazilian wheat-breeding company Biotrigo Genetica Ltda have signed an agreement to expand their successfu ...

Read more
AkzoNobel opens pulp mill in Brazil

AMSTERDAM, THE NETHERLANDS: AkzoNobel’s new €90 million Jupia Chemical Island in Brazil is now operational and has started supplying the El ...

Read more
Scientists transform plants into bio-factories to make drugs, compounds or ingredients

WASHINGTON DC, US: Scientists are reporting an advance in re-engineering photosynthesis to transform plants into bio-factories that manufacture high-v ...

Read more
Saint-Gobain Performance Plastics acquires Applied Bioprocess Containers

  AURORA, US: Saint-Gobain Performance Plastics has completed the acquisition of Applied Bioprocess Containers, a US-based supplier of single us ...

Read more
KBR appoints Group President, Andrew Summers

HOUSTON, US: KBR announced that Andrew ‘Andy’ Summers will join the company as Group President of KBR’s Infrastructure, Government ...

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