b'INDUSTRY NEWS BUSINESS NEWSUPL to Purchase Cortevas Mancozeb Business remained on the scene, fighting the flames until Saturday morning.UPL Ltd. is planning to buy Corteva Agrisciences solo mancozebNB Premier Blaine Higgs released a statement on the Government global fungicide business outside of China, Japan, South Korea andof New Brunswick website:European Union member countries, news release said. Minister Turner, Minister Johnson, and I are saddened and This acquisition is a meaningful milestone for UPL and fordeeply concerned about the fire that has destroyed the Covered farmers, it strengthens our portfolio of solutions and leadership inBridge Potato Chip facility in Hartland.the multisite fungicide market. We are committed to expandingOur thoughts are with the employees, their families and members our offering for plant disease management and supporting farmersof the surrounding communities who will be affected by this globally to achieve sustainable crop yields and enhanced foodheartbreaking loss.security outcomes, Christina Coen, chief marketing officer of UPL,This is a major employer in the region and a devastating loss for said in the release. the companys owners, their employees, and families. Covered The acquisition will give UPL ownership of Dithane, theBridge, which started production in 2009, has been a tremendous original global mancozeb brand which has provided farmerspresence in the community and has helped to boost the local with a reliable disease management solution, as well as access toeconomy as a growing business and a tourism draw.Rainshield technology which enables crop protection in wet weatherWe are thankful that there have not been any reported injuries conditions, the release said. and grateful for the aid provided by local first responders who The release noted mancozeb is a highly effective protectivebattled not only fire but also frigid temperatures.fungicide used to prevent plant diseases across a range of crops,Our government is on the ground working with the company and including rice, soybean, wheat, onions, potatoes and otherwere providing whatever assistance is available.vegetables and fruits.As of Nov. 19, 2022, foliar applications of mancozeb in Canada were limited to eight per growing season for potatoes, with the re-entry interval now being 0.5 days and the pre-harvest intervalAgrico to Acquire The Potato Companys Seed Potato three days. The 2023 crop year was the last year of use for mancozebOperationspotato seed piece treatments. Agrico, the potato cooperative, announced its intention to acquire The UPL acquisition is limited to Cortevas solo formulationsthe seed potato operations of The Potato Company (TPC), of mancozeb, with Corteva retaining ownership of premixaccording to a press release.Agricos expansion aims to meet rising formulations, the release. The transaction is subject to customarydemand by increasing their land area and leveraging synergies to approvals and expected to conclude Q1 of FY24-25. This acquisitionimprove operational efficiency.includes all data, registrations, trademarks for Cortevas soloBy acquiring TPC, the release notes that Agrico continues its path mancozeb products, and a license to the Rainshield technology buttoward achieving growth goals in the shrinking seed potato market excludes manufacturing and formulation facilities. of Western Europe.This acquisition contributes to Agricos growth objective in Western Europes shrinking seed potato market, said CEO Mark Zuidhof. This allows us to focus even more strongly on the sales Fire Destroys Covered Bridge Potato Chip Factory inand development of monopoly varieties. TPCs distribution network New Brunswick to more than 60 countries is also an excellent addition to our sales Multiple media outlets reported on a significant fire at the Coveredchannels.Bridge Potato Chip factory in Hartland, New Brunswick on Friday,The release states that TPC, was established almost 20 years ago March 1. The blaze resulted in the destruction of the plant and hadand it has more than 450 hectares of seed potatoes, grown on a pool repercussions on nearby businesses. contract basis, and it is also very active in free trade. Aside from its According to CTV Atlantic, Police spokesman Sgt. Dan Sharpesignificant acreage, TPC also has an effectively run distribution says the 20 to 30 people who were at the Covered Bridge Potatonetwork for both its monopoly varieties and free trade varieties. Chips factory when the blaze broke out evacuated safely, and noTPC is accomplished at developing potato varieties with broad injuries have been reported. potato cyst nematode resistance.The article notes that multiple local fire departments reacted to the fire, which was reported around 6 p.m. on Friday. Crews DownforceUse THE FORCE to fight diseaseDownforce works hard to inhibit diseases in your crop.Targeted at Late Blight and White Mould.60SPUDSMART.COMSpring 2024 WWW.UAP.CA'