Markets :: Fine Chemicals/Biotech :: Agricultural chemicals
Sumitomo Corp. acquires Bayer fungicide product line
3:55 PM MDT | April 10, 2014 | Lindsay Frost
Sumitomo Corp. has acquired the fungicide Metominostrobin from Bayer CropScience's Japan subsidiary. Financial terms of the agreement were not disclosed. Metominostrobin is a broad-spectrum, systemic fungicide with preventative and curative activity, the company says. It is especially potent on soybean rust. Metominostrobin has already been registered as a crop protection product in Argentina as well as other soybean-producing Latin American countries such as Columbia, Ecuador, Peru and Bolivia. Additionally, it has been registered for crop protection usage in...
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