Tessenderlo Kerley Inc.® Acquires Global Hexazinone Herbicide Business Assets from DuPont™ Crop Protection
PHOENIX, Ariz. and WILMINGTON, Del. – Oct. 1, 2015 – Tessenderlo Kerley, Inc., a part of Tessenderlo Group, and DuPont Crop Protection today announced the sale of certain of DuPont's global Hexazinone solo product and its Hexazinone/Diuron-only mixture product business assets to Tessenderlo Kerley. The sale excludes assets in Brazil. Financial terms of the agreement were not disclosed.
The assets to be divested by DuPont include the Velpar®, Pronone® and Advance® trademarks, formulated product registrations, formulated product registration data, customer information, supply agreements with third parties, access to certain know-how, certain Hexazinone and Diuron technical registrations and associated registration data, for each product.
Hexazinone is a broad spectrum herbicide used on crops such as alfalfa, blueberries, pineapples and sugarcane and is marketed globally under the Velpar®, Pronone® and Advance® brands.
About Tessenderlo Kerley, Inc.
Tessenderlo Kerley, Inc. is part of Tessenderlo Group, founded in 1919 and the descendent of The Kerley Chemical Company, founded in 1947 by four brothers who recognized a growing demand for sulfur products in Pecos, Texas, shortly after the end of World War II. Through the combined knowledge and expertise of these entities, Tessenderlo Kerley has become an established leader in the production and marketing of specialty products used in the agriculture (crop nutrition and crop protection), mining and process chemical industries.
NovaSource is the crop protection business unit of Tessenderlo Kerley and is responsible for developing and marketing crop protection products for niche agricultural markets globally.
DuPont™, trademark is owned by affiliates of DuPont de Nemours, Inc.