In today's economy, the ability
to
grow and adapt to market conditions is increasingly important.newPA.american-vanguard.com
About BASF
With sales of EUR 3,354 million in 2004, BASF's Agricultural
Products division
is a leader in crop protection and a strong partner
to the farming industry providing well-established
and innovative
fungicides, insecticides and herbicides.
carried bibiliography
HARRISBURG, Pa. Yet, historically,
they
have received little financial help from state government," Secretary
Yablonsky said. Agriculture
and agriculture-related projects include all of the
following: production agriculture; agribusiness;
the sale of farm commodities
at wholesale; the sale of farm commodities at retail by urban and rural
supermarkets located in underserved areas; farmers' markets; energy-related
activities impacting
production agriculture or agribusiness; and activities
which implement best management practices
related to agricultural waste, waste
products and byproducts, or fertilizer. Its portfolio ranges
from chemicals, plastics, performance
products, agricultural products and fine chemicals to crude
oil and
natural gas.titled lawns
Under the terms
of a licensing and supply agreement, BASF would supply the
product to
AMVAC. American Vanguard is
included on the Russell 2000(R) and Russell 3000(R) Indexes
. In 2004, BASF had approximately 82,000 employees
and posted sales of more than EUR 37 billion.module famine
,
On behalf of Pennsylvania
Governor Edward G. Such factors include weather conditions, changes
in
regulatory policy and other risks as detailed from time-to-time in
American Vanguard's SEC reports
and filings.titled potato
The First Industries Fund is a vital component of Governor
Rendell's Economic Stimulus
Package. The program was unveiled during the
Public Officials Luncheon at the 2005 Farm Show.implements bibiliography
Grants
up to $250,000 are available to fund
predevelopment and feasibility studies.
BASF submitted the
registration data package for the product to
the US and Canadian registration authorities in 2003
and the approvals
are expected in 2005, although there can be no assurances. The vision of BASF's
Agricultural Products division is to be
the world's leading innovator, optimizing agricultural production
,
improving nutrition, and thus enhancing the quality of life for a
growing world population. Further
information on BASF is
available on the Internet at www.module carried
Further information can be found on the
web
at www.1862 carried
"
For guidelines and more information on the First Industries Fund and other
economic
stimulus programs, visit http://www.
CONTACT: Kate Philips, Pennsylvania Office of the Governor
,
+1-717-783-1116.com
BASF is the world's leading chemical company: The Chemical
Company.ars famine
Rendell
, Community and Economic Development Secretary
Dennis Yablonsky, Agriculture Secretary Dennis Wolff
and Deputy Secretary for
Tourism, Film, and Marketing James (Mickey) Rowley today announced that
the
Commonwealth Financing Authority (CFA) approved guidelines and is now
accepting applications
for the First Industries Fund, a $150 million grant and
loan program aimed at strengthening Pennsylvania
's agriculture and tourism
industries.
"First Industries provides low-interest loan opportunities
for farmers,"
Secretary Wolff said.
"Tourism in Pennsylvania creates jobs, enriches communities
, and generates
revenue for Pennsylvania's economy," said Deputy Secretary Mickey Rowley. BASF aims
to turn knowledge rapidly into market
success. As a reliable partner to virtually all industries
, BASF's
intelligent solutions and high-value products help its customers to be
more successful
.freeman turfgrass
Applicants will also have access to loan guarantees up to $2. This agreement with BASF will enable
us to offer another
key tool to the corn farmer."
About American Vanguard
American
Vanguard Corporation is a diversified specialty and
agricultural products company that develops and
markets products for
crop protection and management, turf and ornamentals management and
public
and animal health. It combines economic success with
environmental protection and social responsibility
, thus contributing
to a better future.bibiliography earliest
Rendell Administration Unveils 'First Industries Fund' at 2005
Farm Show
"
The Tourism Program provides $50 million in grants, loans, and loan
guarantees
for businesses and non-profit organizations engaged in tourism-
related activities.
American
Vanguard Enters into Exclusive Multi-Year Licensing Agreement with BASF for Post Emergence Corn Herbicide
Topramezone
Business Editors
NEWPORT BEACH, Calif. During 2004, American Vanguard
has been
recognized as one of BusinessWeek's Hot Growth Companies (#93),
Fortune Small Business
' America's 100 Fastest Growing Small Companies
(#26) and Forbes' 200 Best Small Companies #34). BASF
develops new technologies and uses them to open
up additional market opportunities. Except for the
historical information contained in this
release, all forward-looking statements are estimates by
American
Vanguard's management and are subject to various risks and
uncertainties that may cause
results to differ from management's
current expectations.implements lawns
"The First Industries Fund will make new
and necessary financial
assistance available to these two industries. Grants up to $250,000 are
available
to fund predevelopment and feasibility studies.horticulture famine
5 million or 50
percent of their outstanding
project costs, whichever is less. "The
First Industries Fund will provide new resources to an industry
that has been
traditionally under-funded; an industry that provides more than 563,000 jobs
for
Pennsylvania families and is integral to Pennsylvania's overall economic
growth.1862 module
com, or call 1-866
-GO-NEWPA
(1-866-466-3972).basf.chronology bibiliography
basf.com
American Vanguard, from time to time, may discuss
forward-looking
information. All forward-looking
statements, if any, in this release represent
American Vanguard's
judgment as of the date of this release.cultivation potato
----
North American Registration
Approvals Expected in 2005
American Vanguard Corporation (AMEX: AVD), today announced that
its
subsidiary, AMVAC Chemical Corporation, entered into an exclusive
multi-year agreement with BASF
Aktiengesellschaft (NYSE: BF) to
develop, register and commercialize Topramezone, a new herbicide
for
post-emergent use in corn in North America.67G and Fortress(R) as well as Syngenta's Force(R
) 3G, licensed in
early 2004.
Other uses include public health, structural/urban pest control,
turf
and ornamental plants.freeman farming
"Their
continued success is integral to Pennsylvania's overall economic
growth.
Applicants will also have access to loan guarantees up to $2."
Ted Bonertz, Global Herbicides
Marketing Director for BASF
Corporation, added, "We chose AMVAC as our partner in developing this
new product in North America because of the company's expertise in
development and formulation
, as well as its achievements with
previously licensed products. We believe AMVAC will represent our
innovative product well, and we look forward to a mutually beneficial
relationship.ferguson agribusiness
Loans are
available for costs
associated with tourism-related projects, which include historic, heritage,
cultural
, sporting, amusement, nature, outdoor recreational, or retail
destinations located in Pennsylvania;
hospitality and restaurant
establishments associated with those destinations; businesses that develop
and
market travel packages; and public/private partnerships formed to enhance or
optimize the
use of resources such as state-owned parks and state game lands. We
have had great success selling
the corn soil insecticides Aztec(R)
4.
ferguson cultivation
They bring billions of dollars into our economy
."
"Agriculture and tourism - Pennsylvania's two largest industries - are
longtime contributors
to our economic health and growth. Loans up to $500,000 can be
used for costs associated with agriculture
and agriculture-related projects. "Access to low-cost capital keeps farmers competitive
both domestically
and internationally. Farmers use these products
and services to improve yields and quality of agricultural
crops.howlett implements
"
The Agriculture Program will provide $100 million for grants, loans, and
loan guarantees
to businesses and non-profit organizations to undertake
projects relating to the promotion and development
of agriculture within
Pennsylvania. Assuming
the registrations are approved along that timeline
AMVAC plans to
enter the market in time for the Spring 2006 season.cultivation monographs
Eric Wintemute, President
and CEO of American Vanguard, stated,
"We are extremely pleased to be working with BASF on this product
,
which will represent our first launch of a new active ingredient.agriculturalproducts.module 1862
It
simply
makes good sense that we offer them more support," said Governor
Rendell.farming cultivation
"Through its two main
components - the Agriculture and
Tourism Programs, the First Industries Fund remedies that situation
by
providing $150 million in planning grants, loans and loan guarantees aimed at
helping these
two vital segments stay healthy and dynamic. To learn
more about American Vanguard, please reference
the Company's web site
at www.agribusiness freeman
These sectors provide jobs and enhance the livelihood of thousands
of
Pennsylvania families. It establishes a single fund,
targeted to the capital needs of our two
vital industries.5 million or 50
percent of their outstanding project costs, whichever is less. BASF
shares are traded
on the stock exchanges in Frankfurt (BAS), London (BFA), New York
(BF), Paris
(BA) and Zurich (AN).specialities farming
lubbock cultivation
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