Monsanto picks Makhteshim and Sumitomo as crop chemical partners

19 October 2010 16:39  [Source: ICIS news]

TORONTO (ICIS)--US-based agrobusiness firm Monsanto has agreed to strategic partnerships with Israel’s Makhteshim Agan and Japan’s Sumitomo Chemical on crop protection chemicals, the companies said on Tuesday.

Under the agreements, the two firms would be partners to support Monsanto's Roundup Ready PLUS weed management platform, it said.

In addition, Monsanto and Sumitomo agreed to seek further collaboration on weed management opportunities with Sumitomo’s flumioxazin products in countries such as Brazil and Argentina, Monsanto said.

Financial terms were not disclosed.

For more on Sumitomo visit ICIS company intelligence
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By: Stefan Baumgarten
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