UPL acquires Corteva’s mancozeb fungicide business in select countries

Agrochemicals major, UPL, has announced the planned acquisition of US-based Corteva Agriscience’s solo mancozeb global fungicide business outside of China, Japan, South Korea, and EU member countries.

The acquisition will give UPL ownership of Dithane, the original global mancozeb brand, as well as access to Rainshield technology which enables crop protection in wet weather conditions.

Mancozeb is a protective fungicide used to prevent plant diseases across a range of crops, including rice, soybean, wheat, onions, potatoes, and other vegetables and fruits. Across the crop protection industry, mancozeb is also an increasingly important tool in managing fungicide resistance. UPL was instrumental in introducing mancozeb for soybean production in 2014, where it proved effective in controlling fungal diseases and boosting growth and yield.

The acquisition is limited to Corteva’s solo formulations of mancozeb, with Corteva retaining ownership of premix formulations. The acquisition includes all data, registrations, trademarks for Corteva’s solo mancozeb products, and a license to the Rainshield technology but excludes manufacturing and formulation facilities.