Thursday, August 2, 2007

Arysta, Valent Form Clothianidin Agreement

Arysta LifeScience and Valent U.S.A. Corp. have reached a supply and marketing agreement in the United States for the neonicotinoid insecticide, clothianidin.

Under the terms of the agreement, Valent has the rights to the brand names Arena®, Clutch®, Celero™, and Belay®. Valent will enter the crop and ornamental markets with clothianidin in September and the professional turf market by the end of November 2007.

Arysta will continue to market clothianidin in premixtures for use in the granule and sprayable segments within the professional turf market under the brand name Aloft™.

Sumitomo granted Arysta exclusive marketing rights for soil and foliar uses of clothianidin in the United States and Mexico in 2004. The deal completed an earlier agreement over rights in the NAFTA region and parts of Latin America and Europe.

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