Marrone Bio Innovations Signs Exclusive Distribution Agreement with Kenya Biologics Ltd. for Kenya and Tanzania
Marrone Bio Innovations, Inc. (MBII)
Last marrone bio innovations, inc. earnings: 11/12 04:05 pm
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Source: GlobeNewswire
DAVIS, Calif., Oct. 18, 2017 (GLOBE NEWSWIRE) -- Marrone Bio Innovations, Inc. (NASDAQ:MBII), (MBI), a leading provider of bio-based pest management and plant health products for agriculture, turf, water treatment and ornamental markets, has signed an exclusive distribution agreement with Kenya Biologics Ltd (KBL) to bring MBI’s biopesticides to Kenya and Tanzania. These new markets represent notable opportunities for MBI’s portfolio of biopesticides. Kenya is the second largest exporter of French beans and peas to the EU, as well as a key supplier of roses globally. Farmers in Kenya rely heavily on low residue crop protection methods in order to comply with strict EU regulations on imports, which has created notable need for effective biological pest control solutions1. “Our expansion into Kenya and Tanzania affirms our commitment to work with farmers, food companies and retailers to provide cost-effective, proven solutions to increase crop yields, while helping farmers meet sus
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