Amvac Chemical Corp., a wholly owned subsidiary of American Vanguard Corp., announced the licensure of Scepter-based herbicide products from BASF Corp.
Scepter products are broad-spectrum herbicide for pre-emergence and post-emergence control of broadleaf weeds in soybeans.
“We are very pleased to add the Scepter-based product line to our existing portfolio,"
American Vanguard Chairman and CEO Eric Wintemute said. "Scepter will broaden our row-crop capabilities by allowing us to participate in the soybean market, which has been a strategic objective of ours in recent years. Other Scepter-based products will enhance our offerings for turf applications in the non-crop segment of our business. We see significant additional opportunities on the horizon to acquire, license or co-market similar proven, branded products and American Vanguard is positioned to capitalize on that potential.”
Scepter’s EPA end-use registrations and labels, purchase of technical product inventory, trademark and formulation know-how were all included in the licensing agreement.
“It is clear that with our recent focused product additions from DuPont, Adama and now BASF, Amvac is extending its market access in strategic crop segments and global geographic regions,"
Amvac Chemical's chief operating officer, said. "We are confident that Amvac can increase the market penetration of these products by creating new added value formulations and by providing a broader herbicide offering that expands our current customer base. We continue to seek products, technologies and business alliances that can strengthen our Yield Enhancing Solutions umbrella brand for crop protection and complement our initiatives in precision planting equipment application systems.”
Organizations in this story
American Vanguard Corporation 4695 Macarthur Ct Newport Beach, CA 92660
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