PHILADELPHIA, Aug. 4, 2014 /PRNewswire/ — FMC Corporation (NYSE: FMC) and Actagro®, LLC announced today the two companies have entered into a Technical Development and Distribution agreement for FMC to be the exclusive marketer and distributor of Actagro Organic Acid® based soil and plant health nutritional products in the Asia-Pacific region. FMC will add Actagro technology solutions to its already considerable portfolio in the region.
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Actagro will provide its full line of current products technical support to FMC in order to effectively introduce the Actagro Organic Acid technology and its benefits to growers and dealers in the region. In addition, FMC and Actagro will work closely together to develop new products as needed to meet local crop and soil needs.
"The introduction of Actagro products to the Asian market will enhance local growers’ ability to produce higher quality, better yielding crops with proven, unique, and scientifically validated nutritional, soil amendment and plant nutrition product solutions," said Robert Trogele, president, FMC Asia-Pacific. "The technology and unique product line that Actagro brings is a synergistic addition to the FMC portfolio of products and services. We are excited to start with the current product line and work together to develop additional products."
"Actagro is very pleased to partner with FMC Asia Pacific to bring the Actagro Organic Acid technology to a new region of the world for us," said Monty Bayer, president & CEO, Actagro®, LLC. "FMC’s extensive portfolio and distribution networks, as well as their strong customer relationships and well-established and influential marketing efforts in the region, will help this partnership to grow significantly."