American Vanguard Corp. has announced that its subsidiary, AMVAC Chemical Corp., entered into an exclusive multi-year agreement with BASF Aktiengesellschaft to develop, register and commercialize topramezone, a new herbicide for post-emergent use in corn in North America.



BASF submitted the registration data package for the product to the U.S. and Canadian registration authorities in 2003 and the approvals are expected in 2005, although there can be no assurances. Assuming the registrations are approved along that timeline, AMVAC plans to enter the market in time for the Spring 2006 season. Under the terms of a licensing and supply agreement, BASF would supply the product to AMVAC.



Source: Company Release