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Chemtura/Isagro launch ISEM joint venture

Chemtura AgroSolutions and Italian agrochemical company Isagro (Milan) have launched a joint venture focused on discovering new pesticide active ingredients. The new Italian company, ISEM, is a 50-50 partnership worth an initial quity value of €40 million ($55 million). Isagro has contributed its assets, liabilities, customer portfolio, personnel and contracts related to its new rice herbicide, orthosulfamuron, and fungicide, valifenalate, as well as the intellectual property related to two new ais “poised for development and commercialisation”.



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