05 March 2012 09:36 [Source: ICIS news]
SINGAPORE (ICIS)--Dow AgroSciences has sold its European Dithane fungicide business to India-based specialty chemicals maker Indofil Industries for an undisclosed fee, the firm said on Monday.
The agreement includes only Dithane products sold in ?xml:namespace>
“Dow AgroSciences remains committed to the Dithane business in other parts of the world where we have production assets and are better able to compete over time,” said David Hindes, Dow AgroSciences’ global fungicide business leader.
“This divestment will allow us to focus our European investment on new novel chemistries in the future,” Hindes added.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections