Japan’s Sumitomo Chemical, Nufarm sign Italy distribution contract

12 July 2012 13:31  [Source: ICIS news]

TOKYO (ICIS)--Japanese chemical producer Sumitomo Chemical and Australia-based crop-protection firm Nufarm have signed a non-exclusive distribution contract for the sale of agrochemicals in Italy, the companies said on Thursday.

As part of the contract, which will take effect from 1 August 2012, subsidiary Sumitomo Chemical Italia will sell Nufarm Italia’s crop-protection portfolio, minus its seed treatment products, in Italy.

“In such an important country [Italy], we expect that this opportunity will increase our product sales opportunities through Sumitomo Chemical Italia's large capability and excellent level of service,” said Nufarm's general manager for southwest Europe, Yvonnick Jambon.

Managing executive officer of Sumitomo Chemical, Ray Nishimoto, said: “This new distribution collaboration in Italy will be one of the most significant collaborations, and we hope it will provide further strength in the crop protection chemicals business in Sumitomo Chemical Italia.”

Sumitomo Chemical and Nufarm have distribution partnerships in 19 countries including Italy, the companies said.

The two companies began distribution arrangements in Canada, Hungary, Romania and Ukraine in March 2012.

By: Tomomi Yokomura
+65 6780 4359

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