The Dow Chemical Company's Dow AgroSciences LLC Divests European Dithane Business To Indofil Industries Ltd.

Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company, announced that it has divested its European Dithane fungicide business to Indofil Industries Ltd. of Mumbai, India. The agreement includes only Dithane products sold in Europe and does not include other parts of the Dow AgroSciences’ Dithane business. Indofil, part of India’s K.K. Modi Group, has purchased the rights and associated trademarks of Dithane only in Europe, exclusive rights to use the patented NT technology and related trademarks in Europe, Dithane registrations and data to support these, and the customer contracts which can be assigned. The companies are working together to ensure a seamless transition and minimal impact to customers, distributors, and dealers. Financial terms of the agreement were not disclosed.