Isagro/Rotam agree Asian products deal
The Italian and Chinese agrochemical companies, Isagro (Milan) and Rotam (Hong Kong), have agreed a deal on licensing, development, supply and distribution of several crop protection products in Asia. The deal includes a licence to evaluate the potential exploitation of certain combination products (each made of one Isagro active ingredient and one from Rotam) in China, Taiwan and Indonesia; and the right to test for one year another Isagro product, in order to evaluate its potential in China. Isagro has granted Rotam long-term distribution rights to some of its products in those countries on an exclusive or non-exclusive basis, depending on the product. Rotam will purchase all of its requirements of Isagro products and ais directly from the Italian company.