Phoenix-Tessenderlo Kerley Inc. announced Nov. 12 the purchase of the Surround Crop Protection business from BASF Corp., Research Triangle Park, N.C. Surround is a patented kaolin clay based particle film technology that protects agricultural and horticultural crops such as tree fruits, nuts, and vegetables from insects, sunburn, and heat stress. The product is a U.S. Environmental Protection Agency registered insecticide and is OMRI listed for organic use. Introduced in 1999, Surround is currently registered or approved for use in nineteen countries. The worldwide development and marketing of Surround will be undertaken by TKI’s crop protection unit, NovaSourceTM (www.novasource.com). NovaSource is TKI’s business unit, charged with developing and marketing EPA registered pesticides for niche crop protection and specialty markets. According to Dave Cassidy, Group Vice-President, “the acquisition of Surround is another step in the planned expansion of the NovaSource product line. Surround is one of the first of our targeted acquisitions destined to become an important part of grower’s crop protection programs.” Financial details of the transaction have not been disclosed.
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