Nufarm/Valent Canada herbicide deal
Sumitomo Chemical’s Canadian subsidiary, Valent Canada, and Nufarm have agreed a distribution deal for Valent’s soybean herbicide, Valtera (flumioxazin). Nufarm will be responsible for all sales, shipping and billing for Valtera in Canada. Valent launched the product in the country in 2009 ( Agrow No 564, p 24). Nufarm and Sumitomo have agreed distribution deals in several countries following Sumitomo’s acquisition of a 20% stake in Nufarm last year. The companies recently entered into a product development agreement ( Agrow No 612, p 4).