DuPont sells miticide, fungicide assets to UPL

27 June 2007 04:21  [Source: ICIS news]

SINGAPORE (ICIS news)--Chemicals producer DuPont said late on Tuesday that it has sold its fenbutatin-oxide miticide and triphenyltin hydroxide contact fungicide assets to Indian agrochemical major United Phosphorus Ltd (UPL).

Financial terms of the agreement were not disclosed.

DuPont’s Crop Protection assets include Vendex miticides, Super Tin fungicides and associated trademarks for use in the crop protection market, including uses in turf, nursery, ornamental, aquatics and other non- crop vegetation management applications.

“Divesting select assets such as these allows us to focus our resources on the exciting new products in our pipeline,” James C. Collins, vice president and general manager, DuPont Crop Protection, said in statement.

By: Jeanne Lim
+65 6780 4359

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