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NuEarth Corporation (Pink Sheets:NUEC.pk), a manufacturer and marketer of “Clean & Green” products and technology, recently reported the signing of a multi-year agreement with Cheforfield Distribution Ltd (”Cheforfield”) of Manchester, England UK to distribute primarily the AquaSolv and AB Tech product lines over the life of the deal.

As a part of the agreement, NuEarth will provide Cheforfield with a supply of products on consignment for the first 6 months of the agreement and Cheforfield will commit to a minimum of $500,000 USD for marketing; advertising and distribution costs for the regional territory over the first 12 months of the agreement. Under the terms of the agreement, Cheforfield will also be offered as part of their regional territory the Northern European area upon reaching a minimum of $11 Million USD in gross sales over a 18 month sales cycle starting after the first 6 month introductory and evaluation period of the agreement.

NuEarth and Cheforfield will cooperate on retail product certification and have agreed to work together to secure support from key regional wholesale and free trade zone services to better ramp the expansion of the product distribution in the region. Both companies will also work to ensure the continuation of NuEarth’s current regional client product demands, and look to expand customer’s choices for applications of their products.

Cheforfield Distribution Ltd is a newly formed product distribution Company, founded by Mark Cheforfield who brings more than 30 years of chemical product marketing and sales in the EU. Mr. Cheforfield is joined by his partners Jay Abujaub and Rhiad Mohamid Nygen. Their combined retail and wholesale product marketing and sales experience is 97 years in the chemical industries of the European Union.

The Dow Chemical Company (NYSE:DOW) subsidiary, Dow AgroSciences LLC, is acquiring the assets of the Colorado based seed company Grand Valley Hybrids. The addition of Grand Valley complements Dow AgroSciences’ Mycogen Seeds brand and its western U.S. silage business.

“Grand Valley’s strong presence in the silage market and brand recognition in the West will provide a significant opportunity to expand our silage business,” said Chris Garvey, Mycogen General Manager. “Grand Valley’s combination of outstanding customer service and commitment to innovation and quality complements our strategy to build a world-class seeds business.”

Under the terms of the agreement, Dow AgroSciences will acquire the Grand Valley sales and marketing areas, as well as the administrative services of the business. For the 2010/2011 season, Grand Valley will continue to operate under the Grand Valley brand, and customer service will remain at its existing location in Grand Junction. Grand Valley customers will gain access to Dow AgroSciences technologies including Silage-Specific BMR and TMF corn hybrids in addition to the technologies they already have access to today — SmartStax and HERCULEX Insect Protection.

Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company providing innovative agrochemical and biotechnology solutions globally. The company, a wholly owned subsidiary of The Dow Chemical Company, has sales of $4.5 billion.

Air Products (NYSE:APD) issued the following statement in response to Airgas, Inc.’s latest value-destructive tactics in its continuing attempts to avoid an Airgas shareholder referendum on Air Products’ offer.

“The Airgas Board is resorting to desperate last-minute gambits that should not distract the Airgas shareholders from the real choice they face at the September 15 Airgas Annual Meeting. Air Products is offering Airgas shareholders a premium of more than 50% for their shares today, and can close a deal quickly if the Airgas Board will agree to sit down and negotiate. There is no need for further delays possibly followed by a convoluted process that destroys value for the Airgas shareholders.

“Airgas shareholders should see these latest actions by the Airgas Board as part of a continuing pattern of behavior designed to avoid a sale of Airgas at any price. The statement that $65.50 is not a ’sensible starting point for negotiations’ makes clear that Airgas continues to have unreasonable and unsupportable value expectations. Airgas’ vague new promise to ‘explore alternatives to enhance stockholder value’ sometime before June 2011 — but only if Airgas shareholders do not support Air Products’ January by-law proposal — should not fool anybody. After stonewalling for nearly a year, the Airgas Board now promises to discharge its fiduciary duties only if Airgas shareholders vote their way. This latest non-binding ‘commitment’ from the incumbent Airgas Board is further evidence that Airgas needs truly independent directors who are committed to maximizing value for Airgas shareholders.

“Today’s comments by Airgas also ring hollow regarding leveraging the company to accommodate the expected severe sell-off in Airgas stock should we withdraw our offer. Only yesterday, Airgas filed a presentation to investors touting the value Airgas could supposedly create on its own by de-leveraging. The Airgas Board cannot have it both ways.

“Air Products has provided Airgas shareholders with a clear path to completing a transaction at a substantial premium with no regulatory or financing obstacles. The only remaining obstacle is the lack of engagement by the Airgas Board. Air Products asks that Airgas shareholders send a clear and unambiguous message to the Airgas Board that they want a sale to move forward now by voting for both the Air Products nominees and by-law proposals.

“Airgas shareholders should understand that if they do not elect the Air Products nominees and approve our proposals, we will conclude that shareholders are satisfied with a minimal share repurchase at an unknown price and unknown time instead of a sale of Airgas to Air Products or a third party. In that case, we will terminate our offer and move on. We are confident Airgas shareholders will make the right choice to protect the value of their investment.”

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