Syngenta to Enter Chinese Seeds Market
May 18, 2007| |
Syngenta recently announced that it would take minority stakes in Sanbei Seed Co Ltd, one of the larger high-value corn seeds companies in China. “Sanbei is an excellent partner for Syngenta to jointly develop innovative corn seed products to meet the growing demand in China for high-quality, high-yielding corn, which is driven by changing agronomic trends and shifting food patterns”, said Michael Mack, Chief Operating Officer Seeds at Syngenta. “The company has strong commercial operations and an attractive product portfolio. Together with Syngenta's expertise in corn breeding this will result in improved and broader product availability for Chinese growers.”
Read the press release at http://www.syngenta.com/en/media/press/2007/05-14.htm.
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