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Nissan Chemical Industries, Ltd., Tokyo, a Japanese agrochemical company, agreed to buy certain assets from Monsanto Co., St. Louis, for use in the Japanese market. (Marketing News).


Nissan Chemical Industries, Ltd., Tokyo, a Japanese agrochemical agrochemical

Any chemical used in agriculture, including chemical fertilizers, herbicides, and insecticides. Most are mixtures of two or more chemicals; active ingredients provide the desired effects, and inert ingredients stabilize or preserve the active ingredients or aid
 company, agreed to buy certain assets from Monsanto Co., St. Louis, for use in the Japanese market. The proposed transaction includes the transfer of Monsanto's trademarks for Roundup, Lasso and Machete herbicide herbicide (hr`bəsīd'), chemical compound that kills plants or inhibits their normal growth. A herbicide in a particular formulation and application can be described as selective or nonselective.  brands to Nissan in Japan, as well as a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 supply arrangement for Monsanto to supply Nissan with these herbicides.
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Comment:Nissan Chemical Industries, Ltd., Tokyo, a Japanese agrochemical company, agreed to buy certain assets from Monsanto Co., St. Louis, for use in the Japanese market. (Marketing News).
Publication:Agri Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 1, 2002
Words:60
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