Research Triangle park, North
Carolina
March 7, 2005
In its continuing drive to provide
Asian soybean rust solutions to US soybean growers, and as part
of its strategy to build a sustainable soybean fungicide
business, BASF has signed a
supply agreement with
Kureha Chemical Industry Co., Limited, Japan for metconazole
fungicide. Once it clears the regulatory process and is
registered by
the United States Environmental Protection Agency, metconazole
will be a completely new active ingredient for US growers.
Metconazole is one of the
strongest triazole fungicides for Asian soybean rust, and will
be the perfect partner for Headline® fungicide. In the interim,
BASF has agreed to support a Section 18 Emergency Use Exemption
for a co-pack of metconazole and Headline.
According to Bill Wisdom, Group
Vice President, North America, Agricultural Products, “This
agreement continues the strong relationship between BASF and
Kureha in the global fungicide market. We see Kureha being a
long term strategic partner for BASF in this key market”.
Metconazole, although new to the
US, is currently marketed in other parts of the world. BASF
sells metconazole under the brand names Caramba® and Caramba
Star® in Europe and South America for cereals and canola, has
other crops pending approval.
“Access to this highly effective
active ingredient in the US expands even further BASF’s
portfolio of Asian soybean rust solutions for the US soybean
grower”, says Andy Lee, Director of US Operations. “Soybean
growers will have a premier Plant Health™ and disease control
product to help them not only win the battle against rust, but
also increase soybean yields. In addition, we remain committed
to providing our customers not just innovative products, but
timely, objective information. An example of this is our Web
site,
SoybeanRustInfo.com, which has become a valuable resource
for helping the US agricultural industry prepare for the advent
of Asian soybean rust.”
With sales of €3,176 million in
2003, BASF’s Agricultural Products division is a leader in crop
protection and a strong partner to the farming industry
providing well-established and innovative fungicides,
insecticides and
herbicides. Farmers use these products and services to improve
yields and quality of agricultural crops. Other uses include
public health, structural/urban pest control, turf and
ornamental plants. BASF aims to turn knowledge rapidly into
market success. The vision of BASF’s Agricultural Products
division is to be the world’s leading innovator, optimizing
agricultural production, improving nutrition, and thus enhancing
the quality of life for a growing world population. Further
information can be found on the web at www.agproducts.basf.com.
For information on Asian soybean rust, please visit
www.SoybeanRustInfo.com.
BASF is the world’s leading chemical company. Our goal is to
grow profitably and further increase the value of our company.
We help our customers to be more successful through intelligent
system solutions and high-quality products. BASF’s portfolio
ranges from chemicals, plastics, performance products,
agricultural products and fine chemicals to crude oil and
natural gas. Through new technologies we can tap into additional
market opportunities. We conduct our business in accordance with
the principles of sustainable development. BASF shares are
traded on the stock exchanges in Frankfurt (BAS), London (BFA),
New York (BF), Paris (BA) and Zurich (AN).
Always read and follow label directions.
Caramba, Caramba Star, and Headline are registered trademarks
and Plant Health is a trademark of BASF.
©2005 BASF Corporation. All Rights Reserved. |