American Vanguard Corporation and BASF Aktiengesellschaft, Ludwigshafen, Germany, today announced that BASF sold the global Phorate insecticide product line to AMVAC Chemical Corporation, a subsidiay of American Vanguard.American Vanguard Corporation and BASF BASF Bar Association of San Francisco (since 1872; San Francisco, California) BASF Badische Anilin und Soda Fabrik (German chemical products company) BASF Builders Association of South Florida Aktiengesellschaft, Ludwigshafen, Germany, today announced that BASF sold the global Phorate phorate an organophosphorus compound used as an insecticide and capable of causing poisoning. insecticide insecticide Any of a large group of substances used to kill insects. Such substances are mainly used to control pests that infest cultivated plants and crops or to eliminate disease-carrying insects in specific areas. product line to AMVAC Chemical Corporation, a subsidiay of American Vanguard. The product line consists of the active ingredient An active ingredient, also active pharmaceutical ingredient (or API), is the substance in a drug that is pharmaceutically active. Some medications may contain more than one active ingredient. Phorate, the trademarks Thimet[R], Granutox[R] and Geomet[R], the manufacturing and formulation know-how, registration rights, intellectual property rights and inventories as well as an exclusive license to use BASF's patented, closed delivery systen, Lock 'N Load[R], in the U.S., Canada and Australia for Phorate. Phorate, which generated sales of approximately $14 million in 2004, was first introduced in 1954. It is registered in more than 15 countries, with the main markets in Asia Pacific and the Americas. It is used on agricultural crops, mainly potatoes, corn, cotton, rice and sugarcane, to protect against chewing and piercing-sucking insects. |
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