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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Syngenta to Invest $500 Million in Africa

6:33 AM MDT | May 18, 2012 | Deepti Ramesh

Syngenta says it plans to build a $1-billion business in Africa over the next 10 years and that the company will make cumulative investments of over $500 million in support of this undertaking. The planned investments will involve the recruitment and training of over 700 new employees, the development of distribution channel networks, logistics and local production facilities in collaboration with local partners, and also increasing access to technology for both smallholders and large scale farms. “Africa has become one of our strategic growth regions and...

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