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Nissan Chemical acquires fungicides business from Corteva

| By Mary Bailey

Nissan Chemical Corp. (Tokyo; www.nissanchem.co.jp) announces the acquisition of the Quinoxyfen product line of fungicides from Corteva, Inc. This transaction includes all brands, including Quintec and FortressTM and associated inventories.

Quinoxyfen is a protectant fungicide highly effective in controlling powdery mildew in cereals, grapes, stone fruits, and vegetables such as cucurbits. It has a unique mode of action and has been marketed globally mainly under the brands Quintec as a solo product and AriusTM as a pre-mixture with myclobutanil. The main market is powdery mildew in U.S. and approximately 280 million USD at Industry level.

Nissan is currently working with Gowan Company L.L.C., based in Arizona, to integrate Quinoxyfen into Gowan’s U.S., Mexico, and Chile business entities. Forthcoming, Gowan will make a separate announcement to all of its distribution partners once the integration process is complete and Gowan is ready to accept customer orders.

Nissan believes the Quinoxyfen acquisition will both strengthen its presence in the global market, as well as expand its foothold in the agrochemical business.