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Nutrichem to acquire Dow AgroSciences oxyfluorfen business

Nutrichem to acquire Dow AgroSciences oxyfluorfen business

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  • Time of issue:2015-11-17
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(Summary description)Beijing, China and Indianapolis, USA - On November 16, 2015, Beijing Nutrichem Jiahe Biotechnology Co., Ltd. ("Nutrichem Bio") announced the acquisition of global ethoxylate from Dow AgroSciences LLC Fluorofluorfen business. Nutrichem Bio is a leading agrochemical supplier in China, and Dow AgroSciences is a wholly-owned subsidiary of Dow Chemical (NYSE: Dow). The assets acquired by Nutrichem Bio include the registration, trademark, production technology and registration data of related products in the global market of oxyfluorfen technical and branded preparations such as Gore and other intellectual property rights. Dow AgroSciences will be authorized to continue to sell oxyfluorfen-related preparation brand products, which are exclusively produced and supplied by Nutrichem Biological.

Nutrichem to acquire Dow AgroSciences oxyfluorfen business

(Summary description)Beijing, China and Indianapolis, USA - On November 16, 2015, Beijing Nutrichem Jiahe Biotechnology Co., Ltd. ("Nutrichem Bio") announced the acquisition of global ethoxylate from Dow AgroSciences LLC Fluorofluorfen business. Nutrichem Bio is a leading agrochemical supplier in China, and Dow AgroSciences is a wholly-owned subsidiary of Dow Chemical (NYSE: Dow). The assets acquired by Nutrichem Bio include the registration, trademark, production technology and registration data of related products in the global market of oxyfluorfen technical and branded preparations such as Gore and other intellectual property rights. Dow AgroSciences will be authorized to continue to sell oxyfluorfen-related preparation brand products, which are exclusively produced and supplied by Nutrichem Biological.

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2015-11-17
  • Views:0
Information

  

Beijing, China and Indianapolis, USA - On November 16, 2015, Beijing Nutrichem Jiahe Biotechnology Co., Ltd. ("Nutrichem Bio") announced the acquisition of global ethoxylate from Dow AgroSciences LLC Fluorofluorfen business. Nutrichem Bio is a leading agrochemical supplier in China, and Dow AgroSciences is a wholly-owned subsidiary of Dow Chemical (NYSE: Dow). The assets acquired by Nutrichem Bio include the registration, trademark, production technology and registration data of related products in the global market of oxyfluorfen technical and branded preparations such as Gore and other intellectual property rights. Dow AgroSciences will be authorized to continue to sell oxyfluorfen-related preparation brand products, which are exclusively produced and supplied by Nutrichem Biological.

Oxyfluorfen is an efficient selective pre-emergence or post-emergence broad-spectrum herbicide to control a variety of weeds. Through this acquisition, Nutrichem Bio is conducive to the production of existing technical drugs, and further expands and enriches its own product portfolio. The transaction is expected to be completed by the end of 2015, and the content of the agreement and transaction amount will not be disclosed in an announcement.

Dow AgroSciences

Dow AgroSciences, headquartered in Indianapolis, Indiana, USA, is dedicated to exploring and developing innovative crop protection and biotechnology solutions to meet the needs of a growing population. Dow AgroSciences is a wholly-owned subsidiary of Dow Chemical with global sales of US$7.3 billion in 2014. For more information, visit www.dowagro.com.

Nutrichem Biological  

Nutrichem Bio is a supplier of agrochemical products based on research and development and guided by market demand. It is mainly engaged in the research and development and compliant production of pesticide intermediates, technical drugs and preparation products. By selling high-quality plant protection products to high-quality customers, service in the global crop protection market. On October 20, 2015, Nutrichem Bio was spun off from its parent company, Winbond Life and Health Co., Ltd. (stock code: 002004), and was successfully listed on the New Third Board.  

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