Amvac Licenses BASF Corp.’s Scepter Herbecide

Posted by Dan Jacobs|3 November 2015

Amvac Chemical Corp., a wholly-owned subsidiary of American Vanguard Corp., has licensed Scepter-based herbicide products from BASF Corp. for use in the United States and its territories.

According to Amvac, the licensing agreement includes transfer of EPA end-use registrations & labels, purchase of technical product inventory, license to the Scepter trademark and formulation know-how. Scepter, a broad-spectrum herbicide. can be used for both pre- and post-emergence control of broadleaf weeds in soybeans.

“We are very pleased to add the Scepter-based product line to our existing portfolio,” said Eric Wintemute, Chairman and CEO of American Vanguard. “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.”

Bob Trogele, Chief Operating Officer of Amvac Chemical commented: “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. 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.”