TKI Opens NovaSource Crop Protection Business
21 de junho de 2007 In 2005, TKI announced an initiative to expand its product line of US Environmental Protection Agency (EPA) regulated products beyond its Sectagon (metam sodium and metam potassium) business. To sharpen its crop protection focus, TKI created a separate business unit to manage all of its EPA-regulated products. NovaSource will seek and develop off-patent pesticide opportunities through acquisition and generic entry.
Jordan Burns, CEO of TKI, said that “NovaSource is the culmination of our plan to diversify our presence in the plant nutrition area by seeking complementary areas of agriculture where we can put to use our vast experience and knowledge base. Our entry into the crop protection side began in 1999 with the purchase of the metam sodium molecule. It is a natural move for TKI, and one we have initiated based upon extensive planning and future expectations. NovaSource is our new frontier.”
The company’s first new products are now being introduced by NovaScource. The fosetyl-aluminum based fungicides LINEBACKER and FLANKER brands (80% WDG formulations) will be marketed in the agriculture and ornamental markets respectively. A second family of chemistry will be launched in the 4th quarter of 2007, according to the company.
Dave Cassidy will lead the NovaSource team with support from members Donnie Wadsworth (national & southern accounts), Mike DeRiso (marketing & business development), Jerry Krebs (Metam and CA/AZ account management), Jim Owens (PNW account management), and Brian Thomassen (regulatory management).
The new unit has also recently launched its web site at www.NovaSource.com.
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