FMC buys insecticides

On March 31, DuPont announced it would divest a portion of its crop protection business, including some research and development capabilities, to FMC Agricultural Solutions. (FMC). The transaction satisfies DuPont’s commitments to the European Commission in connection with its merger with Dow.


Under the terms of the agreement, FMC will acquire DuPont’s cereal broadleaf herbicides and chewing insecticides portfolios – including the active ingredients of rynaxypyr, cyazypyr and indoxacarb. In the horticultural realm, growers will know these active ingredients under the brand names of Coragen and Altacor (rynaxypyr) and Exirel and Verimark, (cyazypyr). Patents do not expire for rynaxypyr until 2022 and cyazypyr’s in 2024.


In addition, FMC will acquire the DuPont Crop Protection research and development pipeline and organization, excluding seed treatment, nematicides, and late-stage R&D programs, which DuPont will continue to develop and bring to market.


FMC Agricultural Solutions, based in Philadelphia, is poised to play a larger role in crop protection according to CropLife Magazine. In an interview published April 13, Mark Douglas, president, FMC, explained that the nine active ingredients in FMC’s current pipeline are late-stage, however the company is acquiring 15 active ingredients from DuPont – nearly all at early-stage development. Most are herbicides or fungicides. He is also excited about acquiring DuPont’s library of 1.8 million compounds. 


To date, FMC has been investing under six per cent of annual revenue on R & D, but expects to increase research capacity to more than eight per cent. That would equal about $300 million annually.


This is not the only savvy acquisition that FMC has made in recent years. It bought Cheminova for $1.8 billion in 2015, providing access to key countries in Europe as well as more penetration in India, Australia and Latin America.


Ag retailers are responding positively to DuPont’s divestiture to FMC on the promise of more R & D in chemistry, as opposed to an emphasis on seed traits.


Source:  DuPont March 31, 2017 news release

If latest news: 
Check if it is latest news (for "Latest News" page)
Publish date: 
Monday, April 17, 2017

Click to leave a comment

For security purposes, please confirm you are not a robot!


Prowl H2O herbicide label expanded

Prowl H2O herbicide label is expanded for control of labeled weeds on cabbage, cauliflower and broccoli in Canada. 

Potato psyllid monitoring to continue

While funding for the Canadian Potato Psyllid and Zebra Chip Monitoring Network ends in March 2018, the Potato Growers of Alberta will be launching a new monitoring program this spring. 

New company: Corteva Agriscience

DowDuPont announces its agriculture division will be named Corteva Agriscience. The spin-off company is expected to be operational by June 1, 2019.

Acramite miticide for herbs

Acramite 50WS miticide label is expanded for control of two-spotted mites on herbs and mint in Canada. 

Reason fungicide label expanded

Reason 500SC fungicide label is now expanded for management of downy mildew of basil and Brassica vegetables in Canada.