PHILADELPHIA and RESEARCH TRIANGLE PARK, N.C., Nov. 7, 2016 /PRNewswire/ -- FMC Corporation
(NYSE:FMC) and BASF announced an agreement that brings novel
in-furrow crop protection products to the U.S. corn market. The
companies will integrate their market-leading insect and disease
protection technologies into new products formulated with the
convenient LFR® patented technology from FMC.
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FMC and BASF will deliver unprecedented in-furrow insect and
disease protection. These new products include market-leading
active ingredients, the same technology found in
Headline® fungicide and in FMC proprietary LFR
formulations in Capture® LFR® Insecticide.
The unique LFR technology is unmatched in its ability to mix
readily with liquid fertilizers, provide consistent active
ingredient distribution, and stay in suspension for uniform
application from the first acre to the last.
"The LFR® technology brings greater convenience,
simplicity and dependability to our customers," said Scott Stout, Corn Fungicide Products Manager,
BASF. "FMC is a recognized liquid in-furrow leader, and our
customers will benefit from our leading disease control and plant
health fungicide with the best below-ground insect control and
in-furrow insecticide formulation technology available."
"The collaboration combines the core competencies of two market
leaders. FMC is an in-furrow formulations technology leader and
BASF is a fungicide active ingredient leader," said Rick Ekins, Fungicide and Insecticide Portfolio
Manager for FMC. "This alliance allows both companies to help our
customers take yields and profits to the next level. In-furrow
protection has never been so convenient or powerful."
Companies to launch new products
Each company will offer new products as a result of the
agreement. For 2017, FMC will launch Temitry™
LFR® Insecticide/Fungicide. BASF will launch
Manticor™ LFR® In-furrow
Fungicide/Insecticide. EPA registration has been received.
According to Ekins and Stout, FMC and BASF are developing new
solutions that will sustainably feed a growing world
population.
"As an industry, we need new tools to push yield potential
higher without using more of our natural resources," said Stout.
"These kinds of collaborations help get us to that goal."
About FMC
For more than a century, FMC Corporation has served the global
agricultural, industrial and consumer markets with innovative
solutions, applications and quality products. FMC acquired
Cheminova in April 2015. Revenue
totaled approximately $3.3 billion in
2015. FMC employs approximately 6,000 people throughout the world
and operates its businesses in three segments: FMC Agricultural
Solutions, FMC Health and Nutrition and FMC Lithium. For more
information, visit www.FMC.com.
About BASF's Crop Protection division
With sales of more than €5.8 billion in 2015, BASF's Crop
Protection division provides innovative solutions for agriculture,
turf and ornamental plants, pest control and public health. Our
broad portfolio of active ingredients, seed treatments, biological
controls, formulations and services optimizes efficient production
of high quality food and protects against post-harvest loss, damage
to buildings and the transmission of disease. By delivering new
technologies and know-how, BASF Crop Protection supports the effort
of growers and pest management professionals to make a better life
for themselves and society. Further information can be found on the
web at www.agro.basf.com or on our social media channels.
About BASF
BASF Corporation, headquartered in Florham Park, New Jersey, is the North
American affiliate of BASF SE, Ludwigshafen, Germany. BASF has nearly 17,500 employees in
North America, and had sales of
$17.4 billion in 2015. For more
information about BASF's North American operations, visit
www.basf.us.
At BASF, we create chemistry for a sustainable future. We
combine economic success with environmental protection and social
responsibility. The approximately 112,000 employees in the BASF
Group work on contributing to the success of our customers in
nearly all sectors and almost every country in the world. Our
portfolio is organized into five segments: Chemicals, Performance
Products, Functional Materials & Solutions, Agricultural
Solutions and Oil & Gas. BASF generated sales of more than €70
billion in 2015. BASF shares are traded on the stock exchanges in
Frankfurt (BAS), London (BFA) and Zurich (AN). Further information at
www.basf.com.
Temitry LFR Insecticide/Fungicide, Capture LFR Insecticide
and Manticor LFR In-furrow fungicide/insecticide are Restricted Use
Pesticides.
Always read and follow label directions. FMC, Capture, LFR and
Temitry are trademarks of FMC Corporation or an affiliate. Manticor
and Headline are trademarks of BASF.
©2016 BASF Corporation. All rights reserved. ©2016 FMC
Corporation. All rights reserved.
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SOURCE FMC Corporation