Bayer CropScience expands, realigns its businesses

Bayer CropScience, the second-largest agricultural chemicals player behind Syngenta, has unveiled growth plans for the next 5 years based on a €7-billion ($9 billion) investment program. The program consists of a €5-billion R&D budget and €2 billion to expand the company’s asset base. Bayer CropScience, meanwhile, has realigned and renamed its business units, and provided details for its 2011–16 product pipeline, which has a peak sales potential of €4 billion—far higher than previous estimates. van der Broek: Seeds’...

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