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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Monsanto ends Roundup distribution deal with Nufarm

9:04 AM MST | March 5, 2013 | Deepti Ramesh

Agrochemical firm Nufarm (Melbourne) says that it has today received notice from Monsanto to terminate the agreements relating to the exclusive distribution of Roundup-brand glyphosate in Australia and New Zealand. Nufarm had entered into an agreement with Monsanto in 2002 for exclusive use of Monsanto's Roundup brand and has launched a number of innovative glyphosate products under that brand, including Roundup PowerMAX and, more recently, Roundup Attack, Nufarm says. The agreements included a requirement for Nufarm to pay a distribution fee to Monsanto on all...

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