Sumitomo To Expand Through Summit Agro
21 June 2007 The company is considering new markets for its current products, while examining options in product acquisitions, particularly those divested by multinational companies. To grow its footprint, the company’s fungicide metominostrobin is expected to be approved in the Philippines and Thailand this year, and Latin America and Europe are targets for further expansion. The company registered LG Life Science’s ethaboxam fungicide in Thailand and Mexico, with additional plans to earn approvals in the Philippines and Vietnam. Russia and Bulgaria also are targets for expansion of the product.
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