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Cheminova completes Pytech acquisition

Cheminova has completed the acquisition of Dow AgroSciences’ 50% share in the companies’ joint venture, Pytech Chemicals, effective July 1st 2008. Pytech will be fully consolidated into Cheminova accounts from the second half of 2008 and is “expected to have only a minor positive impact on the 2008 results of Cheminova,” the company says. Cheminova entered into an agreement with Dow in March to acquire its share ( Agrow No 540, p 2).



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