American Vanguard Has Submitted To The EPA Voluntary Cancellation Requests For All Of Its Federal Registrations Of Dacthal Herbicide Products
Portfolio Pulse from Benzinga Newsdesk
American Vanguard Corporation (NYSE:AVD) has submitted voluntary cancellation requests to the EPA for all federal registrations of its Dacthal herbicide products. This follows an emergency suspension by the EPA and the company's decision to stop sales in April 2024.
August 21, 2024 | 1:06 pm
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American Vanguard is voluntarily canceling all federal registrations of its Dacthal herbicide products after an EPA suspension. This decision may impact the company's product portfolio and regulatory standing.
The voluntary cancellation of Dacthal registrations by American Vanguard is a direct response to an EPA suspension, indicating potential regulatory and product portfolio impacts. This could lead to short-term negative sentiment around AVD's stock due to the loss of product sales and regulatory challenges.
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