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FMC acquires rights to fungicide

6:20 AM MDT | September 6, 2013

FMC has entered into an agreement with Belchim Crop Protection (Londerzeel, Belgium) under which it will develop, manufacture, and sell patented valifenalate-based fungicides in the Americas and other countries. Valifenalate is a dipeptide-class fungicide used on grapes, tomatoes, and vegetables to protect against mildew. Balchim markets the fungicide using the brand name Valis, and FMC expects to market it in Latin America soon. Financial details of the deal have not been disclosed. FMC has been a shareholder in Belchim since 2000 and markets several products...

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