IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Seeds and traits

KWS to increase R&D spending, build new research facility in US

9:35 AM MDT | June 18, 2014 | Natasha Alperowicz

KWS (Einbeck, Germany), a major player in the seeds business, says it will increase R&D spending in fiscal 2014, when it plans to spend €160 million ($217.2 million) on research and breeding, to meet the increasing needs of a sustainable agriculture. In addition, about €9 million will be spent by the next business year on a new building at the company headquarters and €5 million for a new research facility in the Bio-Research & Development Growth Park (BRDG Park) at St. Louis.   “With our research centers in Germany and in the...

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