Acifluorfen, a herbicide active ingredient, is used globally but primarily in the United States and Brazil in such products as Ultra Blazer, Storm and Volt herbicides. The sale includes all registrations, brands and trademarks. The sale is not subject to approval by any regulatory bodies.
United Phosphorus, Inc., the North American subsidiary of UPL, will begin selling Ultra Blazer and Storm immediately in the United States. In 2004, UPL will begin selling Ultra Blazer and related acifluorfen products elsewhere in the world.
“While the global business for Ultra Blazer, Storm and related acifluorfen products offers significant opportunity, we are most excited about the impact they will have to our growing market presence in the U.S. and the opportunity they afford us to establish a stronger global presence in key soybean and peanut markets, notably the product Volt in Brazil,” said Jai Shroff, CEO of UPL.
“This transaction is consistent with our business strategy to build and manage a sustainable and profitable portfolio in our key markets,” said Bill Wisdom, vice president of Agricultural Products, North America, for BASF. “This strategy includes the proactive streamlining of active ingredients in order to balance our existing and pipeline products.”
“BASF will assist UPL to ensure as seamless of a transition of the products as possible,” Wisdom said, noting that BASF has communicated the sale to its customers.
“It’s important to both organizations that this transition happen in the most efficient manner possible,” Shroff added. “This will ensure the customers’ needs are met.”
Based in Mumbai, India, United Phosphorus Ltd., has been part of the agrichemical landscape for more than 30 years. Since 1969, UPL has been helping growers around the world to increase farm profitability as a basic producer of post-patent crop protection products, intermediates and specialty chemicals. A global leader in crop protection, United Phosphorus, Inc. is one of a family of companies doing business in Argentina, Australia, China, Japan, Mexico, the United Kingdom, Europe and India, where UPL is the No. 1 exporter of off-patent crop protection chemicals. In North America, UPI sells a range of products including the recently acquired Surflan herbicide, plus existing products such as Devrinol herbicide (napropamide), Perm-Up and Tengard insecticides (permethrin), Up-Cyde insecticide (cypermethrin), Acephate 97UP insecticide and the sugar beet herbicides Phen:Des 8+8, Alphanex and Ethotron, among many others.
For more information, please visit either UPLonline.com or upi-usa.com.
With sales of 3 billion euros in 2002, BASF’s Agricultural Products division, headquartered in Mount Olive, N. J., is a leading supplier and marketer of herbicides, fungicides and insecticides. Based on its broad experience in R&D, manufacturing, marketing and sales, the vision of BASF’s Agricultural Products division is to be the world’s leading innovator, optimizing agricultural production, improving nutrition, and thus enhancing the quality of life for a growing world population.