IHS Chemical Week

World News and Views :: Top of the News

Syngenta embarks on cost-savings plan as earnings decline, ups margin target

7:00 AM MST | February 5, 2014 | Natasha Alperowicz in Basel

Syngenta, the world's largest producer of agricultural chemicals, today announced its fourth-quarter and full-year 2013 results and said it is embarking on a cost-savings plan that aims to achieve an annualized $1 billion in savings by 2018.   The plan follows a decline in full-year earnings, due mainly to a write-down of $170 million in Syngenta's seeds business following excess production and a major decline in royalty payments. Addressing a press briefing in Basel this morning, Syngenta CEO Mike Mack said that the decline in earnings was mainly due to...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa