Article: BASF sells agricultural soil fumigant business to Kanesho Soil Treatment BVBA; Kanesho sees major market opportunities; BASF Agricultural Products focuses resources.

M2 PRESSWIRE-31 October 2003-BASF: BASF sells agricultural soil fumigant business to Kanesho Soil Treatment BVBA; Kanesho sees major market opportunities; BASF Agricultural Products focuses resources(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:10312003

Closing expected by end of December, 2003 BASF Aktiengesellschaft, Ludwigshafen, Germany, and Kanesho Soil Treatment BVBA, Brussels, Belgium, a subsidiary of Agro-Kanesho Co., Ltd., Japan, reached final agreement on the sale of the global BASF soil treatment business to Kanesho.

The business with sales of EUR 47 million in 2002 consists of the active ingredients Dazomet, 1,3-Dichloropropene, and ...

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