Last checked at 5 Mar 2015 12:30
March 5, 2015
Plant Health Care signs Distribution
Agreement with TH Agri-Chemicals, Inc.
Plant Health Care (AIM: PHC.L), a leading provider of novel biological products to global agriculture markets, announces that it has signed a distribution agreement with TH Agri-Chemicals, Inc., (TH Ag) for the use of Plant Health Care's (PHC) proprietary Harpin αβ protein technology for foliar application in Specialty crops in the Central US. Commercial terms were not disclosed.
Under this agreement, TH Ag will distribute Harpin protein under the private label brand, Messenger®Gold. The technology is particularly well suited to improve plant health in the specialty crops grown in TH Ag's market area.
"We are pleased to strengthen our relationship with TH Ag," said Paul Schmidt, CEO of Plant Health Care. "Long term relationships like this validate that Harpin technology improves plant health in commercially grown crops. This is another step forward in growing commercial sales of Harpin while simultaneously expanding our PREtec (Plant Response Elicitor) research programme."
"We're excited about the opportunity to expand our relationship with PHC," added Bob Zimpel, President, TH Ag. "The proprietary Harpin protein technology in MessengerÒ Gold provides specialty growers in our market area increased yields and improves the quality of their produce. We have a track record with this technology and know how it fits into grower's production practices. The technology has clearly proven itself in the market and this agreement with PHC will grow our business as we help farmers grow theirs."
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About Plant Health Care plc: Plant Health Care plc ("Plant Health Care") is a leading provider of novel, patent-protected biological products to global agriculture markets. The Company's ordinary shares have been quoted on the AIM Market of the London Stock Exchange since July 2004 (ticker symbol/mnemonic: PHC.L). The Company offers products to improve the health, vigour and yield of major field crops as well as specialty crops such as fruits and vegetables. PHC's innovative line of proprietary products provides economic and environmental benefits for customers, and capitalises upon long-term trends towards natural systems and biological solutions to promote plant health and higher yields. Plant Health Care has global reach through operating subsidiaries and supply agreements with major industry partners.
About T H Agri-Chemicals, Inc.: TH Agri-Chemicals, Inc. was incorporated on June 1st, 1982. It is an independently-owned corporation with its headquarters in Plainfield, Wisconsin. The goal at TH Ag is to support agriculture. We believe in the family farm and its heritage. We believe growers should be rewarded for hard work and for giving Americans the lowest-priced, best-quality food in the world. We believe that farms are the best places in the world to raise families and to demonstrate that there are still relationships where a man's word and handshake are as good as a written contract. http://thagrichemicals.com
Further information is available at: www.planthealthcare.comor please contact:
Plant Health Care plc | |
Paul Schmidt, Chief Executive Officer | Tel: +1-919-926-1600 (x100) |
Jeff Hovey, Chief Financial Officer | Tel: +1-919-926-1600 (x101) |
Liberum Clayton Bush / Steven Tredget |
Tel: +44 (0) 20 3100 2227 |
LHA | |
Ed McGregor / Jody Burfening | Tel: +1-212-838-3777 |