IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Syngenta Ebitda Drops 9% to $1.9 Billion, But Volumes Rising

1:36 AM MDT | July 22, 2010 | Alex Scott

Syngenta has reported a 9% drop to $1.9 billion, on sales up 1% to $6.7 billion for the six months to June 30, compared with the year-ago period. Although the company does not provide detailed second quarter results, the company says it experienced a “volume upturn” in the second quarter, with “strong emerging market performance.” Second quarter volume growth offset lower pesticides prices, notably in the NAFTA region, the company says.   Sales of pesticides for the first half of the year were flat at $5 billion, with seeds up 5% to...

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