FMC Corporation announced a collaboration in Canada with Novonesis, a provider of plant biosolutions. The agreement is part of FMC‘s strategic plan to grow its biologicals platform in key markets. Beginning June 1, FMC Canada will be the exclusive distributor of Novonesis’ biosolution products for the 2025 growing season. Additionally, the companies will utilize their respective R&D capabilities to collaborate on the development of novel biological technology for Canadian farmers. The partnership will leverage Novonesis’ Plant Biosolutions Manufacturing and Research site in Saskatoon, Canada, and FMC’s market knowledge and expertise in applying biologicals in an integrated approach with synthetic crop protection chemistry and precision agriculture technology. Terms of the commercial agreement were not disclosed.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FMC:
- Wolfe starts FMC at Peer Perform, says Brazil and Asia remain risks
- FMC Corporation initiated with a Peer Perform at Wolfe Research
- FMC Corporation CFO ‘starting to see signs of a return of visibility’
- FMC Corp Announces Executive Team Restructuring and Appointments
- FMC Corporation Declares Quarterly Dividend
