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FMC Forms Agchem Distribution Venture in Argentina

8:07 AM MDT | July 29, 2011 | Nancy Seewald

FMC says it has formed a joint venture in Argentina for the distribution of agchemicals. The jv, Ruralco Soluciones (Rosario), is a partnership with a group of achem dealers previously associated with distribution firm Agropecuaria del Litoral (Cañada de Gómez, Argentina). FMC holds a 50% stake in Ruralco, and will manage the jv’s finances.   "Ruralco fits well with our Vision 2015 strategy to expand our reach in rapidly developing economies, and will allow FMC to accelerate its growth and market access in Argentina's $1.7 billion...

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