WILMINGTON, Del. -- DuPont has divested its global non-mixture mancozeb fungicide business assets to United Phosphorus Ltd., including manufacturing and formulation production facilities in Barranquilla, Colombia. Financial terms of the agreement were not disclosed.

UPL will receive rights to registered brands for non-mixture mancozeb products, as well as registrations and supporting regulatory data for those products, which include Manzate(R) brand fungicides. DuPont will continue to market and maintain registrations and trademarks for mancozeb mixtures such as DuPont(TM) Curzate(R) M, Equation(R) Contact and Mankocide(R) fungicides.

"DuPont is entering a critical and exciting phase in the renewal of its crop protection portfolio," said James C. Collins, president, DuPont Crop Protection. "New products are emerging from our research and development pipeline and are launching in the marketplace, like DuPont(TM) Rynaxypyr(R) . Strategic divestitures like this one give us more resources and energy to focus on delivering innovations to growers that help them increase food production."

SOURCE: DuPont.