DuPont Divests Rice Assets To UPL

Avatar for Matt Hopkins By Scott C. Lucas|2 October 2006

The deal includes Londax and associated trademarks, specific mixture products, and other assets specific to the rice business and Mariner, and other assets specific to aquatic herbicide applications.

UPL is one of the largest Indian agrochemical companies, and among the top five generic companies globally. It is engaged in research, manufacturing, and distribution of agrochemicals and specialty chemicals across the globe. Revenues for the year ended March 2006 were in excess of US $480 million, according to a release from the companies.

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