Monsanto Sells Butachlor and Alachlor Weed Control Businesses

Monsanto says it has entered into agreements to sell its butachlor and alachlor herbicide businesses to Sinochem International Corp. (Shanghai) for an undisclosed sum. Under the terms of the agreements, Sinochem will purchase the assets associated with Monsanto’s butachlor and alachlor businesses and certain other assets in Bangladesh, India, Pakistan, the Philippines, Taiwan, Thailand, and Vietnam, subject to certain customary closing conditions. "As a company that is focused on discovering and delivering higher-yielding seed and trait technologies to...

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