Source: Dow AgroSciences
Nissan Chemical Industries Ltd. and Dow AgroSciences, have closed on the sale of Dow's thifluzamide fungicide business to Nissan. Financial terms of the transaction were not disclosed.
Thifluzamide is highly active against Basidiomycete fungi, in particular Rhizoctonia solani, primarily in rice, potatoes and turf markets. This purchase will further strengthen Nissan's position in these markets, and allows Dow AgroSciences to focus on other priority solutions in its ag chemical and biotechnology product portfolios.