Mar 8, 2012FMC and Kumiai sign agreement
FMC Corp., of Philadelphia, Penn., and Kumiai Chemical Industry Co., Ltd., of Tokyo, Japan, have entered into an exclusive agreement to evaluate a new herbicide developed by Kumiai for potential global development and commercialization.
“Our relationship with Kumiai is an extremely important one for FMC’s agricultural business,” said Milton Steele, president of FMC Agricultural Products Group. “I am delighted to be working with Kumiai on this new active ingredient, and we expect to progress rapidly in our evaluations.
“The chemistry is a new herbicide that offers the potential to address some of the emerging herbicide resistance problems that farmers all over the world are experiencing.”
Eisuke Ishihara, Ph.D., president of Kumiai, said that working with a proven partner like FMC on the evaluation and potential of a new herbicide demonstrates the company’s vision and commitment to global partnerships.
“Collaborating with FMC and their growing innovation and commercial organization will help us supply new and innovative products to the global crop protection industry,” Ishihara said.