Wilmington, Delaware
December 5, 2007
DuPont today announced it has sold its terbacil herbicide
assets to Tessenderlo Kerley, Inc. (TKI). Financial terms of the
agreement were not disclosed.
“As DuPont Crop Protection continues its strategy to bring
greater focus to our business, divestures of select, niche
products, such as terbacil, will enable us to dedicate more time
and resources to the exciting new products in our pipeline,”
said James C. Collins , vice president and general manager,
DuPont Crop Protection . “As a result, we will bring new
innovations to market faster.”
Terbacil is marketed globally through the Sinbar® trademark. In
Japan, terbacil also is sold in a mixture with diuron through
the Zobar® trademark. TKI will acquire the rights to the Sinbar®
and Zobar® trade names, a license to the technology required to
make terbacil, and the worldwide registrations and data packages
for the products. Sinbar® and Zobar® herbicides are used
primarily in niche mint, fruit, alfalfa and non-crop markets,
predominantly in North America and Japan.
DuPont is a science-based products and services company.
Founded in 1802, DuPont puts science to work by creating
sustainable solutions essential to a better, safer, healthier
life for people everywhere. Operating in more than 70 countries,
DuPont offers a wide range of innovative products and services
for markets including agriculture and food; building and
construction; communications; and transportation. |
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