Jun 30, 2009TKI Acquires Herbicide Business from DuPont
Tessenderlo Kerley Inc. (TKI) has purchased the linuron herbicide assets from DuPont Crop Protection, Wilmington, Del. Financial terms of the agreement were not disclosed.
Linuron herbicide is marketed globally under the DuPont Lorox and Linex brands, as well as several associated mixture trademarks. This specialty herbicide is used primarily in the carrot, asparagus, celery, potato, cotton and soybean markets. TKI will acquire global rights to the linuron business, including trade names, registrations and registration data.
TKI is committed to expanding the crop protection range of our company,” said Jordan Burns, CEO of TKI. “We intend to continue building our NovaSource Crop Protection Group with the addition of strategic products as they become available.”
Marketing and development responsibility for the linuron product will be undertaken by TKI’s business unit, NovaSource (www.novasource.com). NovaSource is charged with marketing and developing registered pesticides for niche crop protection and specialty markets.
TKI, based in Phoenix, produces and markets specialty chemical solutions including fertilizers, crop protection chemicals and process chemicals to markets in the United States, Mexico, Central and South America and Europe. TKI, a subsidiary of the Tessenderlo Group in Brussels, Belgium, operates 10 manufacturing plants in North America, in addition to an extensive terminal network. For more information, visit www.tkinet.com. ”
