Agrotain International, L.L.C., has signed a letter of intent to license the Agrotain technology to Incitec Pivot Ltd. for urea and urea ammonium nitrate (UAN) incorporation at the manufacturing level of agricultural markets in Australia.

Incitec Pivot will be the exclusive manufacturer of urea and UAN products containing Agrotain Nitrogen Stabilizer for this market. Adding Agrotain technology to either urea or UAN produces a StabilizedNitrogen product which prevents nitrogen loss from volatilization.

The agreement reflects Agrotain International's plan to partner with urea and UAN producers and channel distributors outside of the United States.

Source: Issues Ink