Reading Time: < 1 minute Ludwigshafen, Germany | Reuters — BASF will consider buying seed assets that rivals are putting on the block to win antitrust approval for tie-ups, saying bargain prices could persuade BASF to overcome its traditional reluctance to expand into the seeds industry. Sources familiar with BASF’s thinking have said that competition regulators looking at potential buyers […] Read more
BASF ready to snatch seed bargains as rivals sell assets
Syngenta eyes Bayer assets to bolster seed operations
Reading Time: 2 minutes Basel | Reuters — Switzerland’s Syngenta, the crop protection company acquired by ChemChina, has vowed to bulk up its seeds business and join the chase for assets rival Bayer must sell to gain regulatory approval for its takeover of Monsanto. Syngenta, a distant third in the global seeds market behind Monsanto and Dupont, is determined […] Read more
Syngenta ordered to pay Kansas farmers in GM corn case
Reading Time: 2 minutes Reuters — A U.S. jury on Friday ordered Syngenta to pay US$217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The verdict by a federal jury in Kansas City, Kansas, was announced by lawyers for the farmers, who blamed the […] Read more
Syngenta exits canola seed business
Reading Time: 2 minutes Canola growers checking out Syngenta Canada’s 2018 seed guide for Western Canada will notice canola by its absence. Syngenta, which entered the Prairie canola seed market in 2013 and by this spring had six hybrid varieties on offer, said in a statement it has “recently taken the decision to exit the canola seed business.” The […] Read more
DLF to buy Syngenta sugar beet seed business
Reading Time: < 1 minute One of the world’s biggest forage seed firms is set to enter the sugar beet seed business by buying Syngenta’s. Swiss ag chemical and seed firm Syngenta announced Thursday it will sell its sugar beet seed business to Danish forage and turf seed producer DLF Seeds for an undisclosed sum. “Sugar beet seeds is a […] Read more
ChemChina clinches takeover of Syngenta
Reading Time: 2 minutes Zurich | Reuters –– ChemChina has won more than enough support from Syngenta shareholders to clinch its US$43 billion takeover of the Swiss pesticides and seeds group, the two companies said Friday. The deal, announced in February 2016, was prompted by China’s desire to use Syngenta’s portfolio of top-tier chemicals and patent-protected seeds to improve […] Read more
Operation Pollinator to create friendly spaces for bees and other pollinators on the Prairies
Reading Time: < 1 minute Syngenta Canada and the Soil Conversation Council of Canada have signed on to a multi-year partnership to promote the dedicated spaces for pollinators on the Prairies. Under the program, farmers can sign up to establish Operation Pollinator sites on their farms. In exchange for converting one to two acres of lower productivity land, the farmer […] Read more
China clears ChemChina’s Syngenta deal
Reading Time: < 1 minute Zurich | Reuters — ChemChina’s US$43 billion planned takeover of Swiss pesticides and seeds group Syngenta has received approval from China’s Ministry of Commerce (MOFCOM), the two companies said Wednesday. “This represents a further step towards the closing of the transaction, which is expected to take place in the second quarter of 2017,” they said […] Read more
EU clears ChemChina’s Syngenta takeover, with conditions
Reading Time: 2 minutes Brussels | Reuters –– ChemChina won conditional EU antitrust approval on Wednesday for its US$43 billion bid for Swiss pesticides and seeds group Syngenta, a deal that could help China boost its domestic agricultural output. The deal is one of several reshaping the agricultural chemicals and seeds market, even as these deals trigger fears among […] Read more
ChemChina, Syngenta win U.S. antitrust approval for deal
Reading Time: 2 minutes Washington | Reuters — The China National Chemical Corp., or ChemChina, has won U.S. antitrust approval to buy Switzerland’s Syngenta on condition that it divest three pesticides, the Federal Trade Commission said on Tuesday. To win approval for the $43 billion deal, the companies agreed to divest ChemChina’s generic production of the herbicide paraquat, the […] Read more
A message from April Stewart, Country Guide's Associate Editor
