IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

FMC Signs Biofungicide Deal

9:51 AM MDT | August 31, 2011 | Rebecca Coons

FMC says it has signed an exclusive development and distribution deal with Marrone Bio Innovations (MBI; Davis, CA) for MBI's Regalia Maxx Biofungicide in Latin America. The product recently received regulatory approval in Mexico, and sales are expected to begin in December. FMC is testing Regalia Maxx in Brazilian vegetable crops and plans to expand development to other formulations and premix products. The product was approved in the U.S. in 2009, MBI says.  The biopesticide market is expected to double in the next 4-5 years, driven by increasing demand...

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