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American Vanguard Acquires Herbicide Product Line from Corteva Agriscience™

Acquired products are complementary to major herbicide tolerant
crop systems

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–American Vanguard Corporation (NYSE:AVD), today announced the
acquisition of the Quizalofop (QPE) product line of herbicides from
Corteva Agriscience, Agriculture Division of DowDuPont (NYSE: DWDP). The
primary markets for these products are in Canola, Soybeans and Pulse in
the United States and Canada. This transaction includes acquisition of
technical registrations, commercial sales information, and the transfer
of existing product supply arrangements. Financial terms are not being

Eric Wintemute, Chairman and CEO of American Vanguard commented, “Our
acquisition of the QPE product line from Corteva Agriscience provides
our crop protection business with a portfolio of valuable herbicide
brands that hold significant leadership positions in the North American
market. These products are complementary to existing glyphosate,
glufosinate and 2,4D use, and are highly regarded for weed and grass
control by providing a broad window of application and excellent crop

Mr. Wintemute continued, “Additionally, the new DowDuPont Enlist™ seed
trait technology for corn provides crop tolerance to these QPE
herbicides, making them ideal for achieving improved weed management. In
this acquisition, AVD has secured a license to market QPE for use alone
or with Enlist herbicides over-the-top of the new Enlist corn seeds, a
segment that is forecast to grow considerably in coming years.”

Mr. Wintemute concluded, “These products have a well-established market
position, are solidly profitable and offer the promise of growth as the
Enlist trait technology expands. In this transaction, we also acquired
the rights to market in Argentina and Chile which dovetails with our
initiative to increase market access in that South American region. We
will continue multiple existing supply agreements for these products and
incorporate the sales & marketing of these brands into our expanding
portfolio of herbicide offerings.”

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. American Vanguard is included on the Russell
2000® and Russell 3000® Indexes and the Standard & Poor’s Small Cap 600
Index. To learn more about American Vanguard, please reference the
Company’s web site at www.american-vanguard.com.

The Company, from time to time, may discuss forward-looking information.
Except for the historical information contained in this release, all
forward-looking statements are estimates by the Company’s management and
are subject to various risks and uncertainties that may cause results to
differ from management’s current expectations. Such factors include
weather conditions, changes in regulatory policy and other risks as
detailed from time-to-time in the Company’s SEC reports and filings. All
forward-looking statements, if any, in this release represent the
Company’s judgment as of the date of this release.


Company Contact:
American Vanguard Corporation
A. Kuser, Director of Investor Relations
(949) 260-1200
[email protected]

Investor Representative
The Equity Group Inc.
Cati, (212) 836-9611
[email protected]