PHILADELPHIA - FMC Corporation (NYSE:FMC) and Arysta LifeScience North America, LLC signed an exclusive licensing agreement in which FMC will develop and market two key turf and ornamental products, DISARM Fungicide (fluoxastrobin) and XONERATE Herbicide (amicarbazone), in the United States and Canada, from Arysta LifeScience. The agreement became effective August 12, 2014.
"This exclusive agreement unites two complementary product lines, expanding FMC Professional Solutions turf and ornamental portfolio and further demonstrating our commitment to grow beyond agriculture to invest in the professional services markets," said Mark Douglas, president, FMC Agricultural Solutions. "Additionally, this relationship opens exciting new development opportunities for the FMC Professional Solutions turf and ornamental business."
FMC Professional Solutions entered the turf and ornamental industry in 1987 with the launch of Talstar insecticide. Over the past decade, the company has broadened its turf portfolio significantly, adding seven new herbicide and five insecticide products, in addition to formulations specifically tailored for industry segments such as golf, nursery, greenhouse and tree care.
For more information on FMC and its products, visit http://www.fmcprosolutions.com
. Financial terms of the agreement were not disclosed.