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Timorex Gold to be distributed in China

Stockton STK has signed a long-term non-exclusive distribution agreement of Timorex Gold biofungicide with Chongqing Shurong Crop Science Ltd. in the field of professional crop protection uses in edible crops in China.

Under the terms of the non-exclusive agreement, it allows Timorex Gold to expand its domestic reach by utilizing Chongqing Shurong Crop Science Ltd. expert representatives, sales and marketing channels. Timorex Gold will be manufactured and supplied by Stockton and marketed and distributed in China non–exclusively by Chongqing Shurong.

“We project a big future in this market as Asia is emerging as a key player in plant biotechnology,” said Guy Elitzur, CEO of Stockton. “We are pleased to enter this collaboration with Chongqing Shurong Crop Science Ltd., as we believe they demonstrate expertise in the crop protection arena and their strategic focus should enable Timorex Gold its full potential in China.”

For more information:
Stockton
www.stockton-ag.com
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