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Valent BioSciences Corporation Unveils its State-of-the-Art Biorational Manufacturing Facility in Osage, Iowa
|By Business Wire
|June 27, 2014 01:00 PM EDT
Valent BioSciences Corporation (VBC) today marked the official opening
of its new $146 million biorational manufacturing facility in Osage, IA
in a ceremony that included more than 130 international dignitaries,
state and local VIPs, and media personnel. VBC is the global leader in
the discovery, development, manufacturing, and commercialization of
biorational products for agriculture, public health, and forestry.
Located on an expansive 73-acre site, the new 130,000 square foot plant
is the largest purpose-built biorational facility in the world and will
serve as the manufacturing and quality control center for VBC’s broad
portfolio of fermentation products. VBC brands are derived from
biological origins and provide economic, health, and environmental
benefits for agriculture, public health, and forestry markets in 95
countries around the globe.
“This is a landmark day for Valent BioSciences, our parent Sumitomo
Chemical Company (SCC), and for the entire biorational segment,” said
Ted Melnik, VBC Executive Vice President and COO. “Not only does this
investment reflect the rapid growth of our business and validate the
value of biorational technology in the marketplace, it puts us in the
position to meet the rising demand for our products as we continue to
develop new and innovative solutions for our customers around the world.”
The opening of the new plant comes on the heels of VBC’s acquisition of
Pace International, LLC (Pace), in early 2013 and its announcement of a
long term strategic alliance with Biomar Microbial Technologies (Biomar)
in February of this year. The Pace acquisition made SCC the first
multinational supplier to offer both conventional and biorational
product solutions for seed, preharvest crop production, and preharvest
and postharvest crop protection applications. The Biomar alliance will
create a new pipeline of industry leading, science-based products with
additional work being conducted at Valent BioSciences’ research facility
at Long Grove, IL.
VBC currently manufactures microbial insecticides, nematicides, and
plant growth regulators used in production agriculture for managing
plant growth, quality and stress in crops.
About Valent BioSciences Corporation
Headquartered in Libertyville, IL, Valent BioSciences is a subsidiary of
Tokyo-based Sumitomo Chemical Company. Valent BioSciences is the
worldwide leader in the development, manufacturing and commercialization
of biorational products, with sales in 95 countries around the world.
Valent BioSciences is an ISO 9001:2008 Certified Company. For additional
information, visit the company’s website at www.valentbiosciences.com.
About Sumitomo Chemical Company, Limited
Headquartered in Tokyo, Japan, Sumitomo Chemical Company is one of
Japan’s leading chemical companies, offering a diverse range of products
globally in the fields of basic chemicals, petrochemicals, IT-related
chemicals and materials, health and crop science products, and
pharmaceuticals. The company’s total consolidated sales for fiscal year
2013 were JPY 2.24 trillion. For additional information, visit the
company’s website at www.sumitomo-chem.co.jp/english/.
About Pace International LLC
Pace International LLC collaborates with growers, packers and
agricultural organizations to develop innovative solutions to enhance,
protect, and preserve fruit and vegetable quality. Pace is the leading
provider of postharvest solutions and technologies, equipment and
technical services to maximize efficiencies in packing operations and
increase the value of crops being processed. Pace International LLC is
headquartered in Wapato, Washington, USA with Sales and Technical
Service Offices around the world. For more information, visit http://www.paceint.com
About Biomar Microbial Technologies
Headquartered in Leon, Spain, Biomar Microbial Technologies is an
independent company specialized in marine biotechnology, with one of the
world's largest collections of marine microorganisms. For additional
information, visit the company’s website at www.biomarmicrobialtechnologies.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140627005591/en/
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