Sumitomo, Nufarm to Develop New Crop Protection Products

Posted by Matt Hopkins|15 March 2011

Nufarm Limited and Sumitomo Chemical Company Limited have entered into a framework agreement to cooperate on the development of new formulations and mixtures of crop protection products from both companies, according to a press release.

The agreement will allow each company to individually identify opportunities by utilizing the other company’s chemistries in order to develop new and innovative crop protection solutions.

“An expanded portfolio of products from Sumitomo Chemical will allow Nufarm to identify new opportunities to address the needs of grower customers in various markets around the world,” said Mike Pointon, Nufarm group executive of innovation and development, in a prepared statement.

“it represents another important step in the ongoing co-operation between the companies,” said executive officer of Sumitomo Chemical, Ray Nishimoto.