Monsanto (NYSE:MON) has entered into an agreement with Sumitomo Chemical Co., Ltd. and their wholly-owned subsidiary, Valent U.S.A. Corp. in relationship to their Roundup Ready PLUS weed management platform in the United States.
As part of the deal Monsanto will help market SCC's flumioxazin products in Argentina and Brazil.
Included in the agreement with Valent are herbicides like Select branded post-grass herbicides used in the U.S., and preemergence residual herbicides Fierce, Ganster, Valor SX and Valor XLT.
Monsanto will license its Roundup Ready PLUS weed management trademarks to use with herbicides from Valent.
Mike Frank, vice president of Monsanto's crop protection business, said, "This new agreement provides a clear path forward in cooperative weed management initiatives for years to come.”
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