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BASF SE : Brussels greenlights Xemium®, the next generation fungicide from BASF

07/17/2012| 11:00am US/Eastern
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  • Blockbuster active ingredient achieves another milestone

Limburgerhof, Germany - July 17, 2012 - BASF's next generation fungicide, Xemium, has been approved in the EU for use in crop protection products.This builds on the successful 2011-12 launches for Xemium in France, Germany and the UK and will help BASF to obtain registrations for products containing Xemium in all EU-member countries. The greenlight from Brussels also means that Xemium is well on track to significantly exceed its estimated peak sales potential of €200 million per year.

"We have many years of experience with carboxamides and are thrilled that Xemium has achieved this important milestone so quickly," said Jürgen Oldeweme, Head of the Global Product Safety and Registration Unit at BASF's Crop Protection division."This listing helps us to continue providing farmers with a portfolio of innovative products that support efficient, sustainable farming."

Xemium is highly effective against a broad spectrum of key plant diseases, especially Septoria leaf blotch, and shows unprecedented distribution in the plant. These features, particularly when combined with azoles, allow for more efficient and flexible disease control.

Globally, registration plans for Xemium include more than 100 crops in over 50 countries. In addition to its recent successful launch in the U.S. for soybeans, corn and specialty crops, the Company is focused on attaining further registrations around the globe.

About the Crop Protection division

With sales of € 4.1 billion in 2011, BASF's Crop Protection division is a leader in crop protection and a strong partner to the farming industry providing well-established and innovative fungicides, insecticides and herbicides. Farmers use these products and services to improve crop yields and crop quality. Other uses include public health, structural/urban pest control, turf and ornamental plants, vegetation management, and forestry. BASF aims to turn knowledge rapidly into market success. The vision of BASF's Crop Protection 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 can be found on the web atwww.agro.basf.com or follow us on twitter:www.twitter.com/basfagro .

About BASF

BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas.We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers in almost all industries to meet the current and future needs of society. Our products and system solutions contribute to conserving resources, ensuring healthy food and nutrition and helping to improve the quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future.BASF posted sales of about €73.5 billion in 2011 and had more than 111,000employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet atwww.basf.com.

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