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Bayer Upbeat on Agchems; Eyes Biofuels Opportunities

9:14 AM MDT | September 21, 2007 | Natasha Alperowicz

Bayer CropScience is optimistic about the future of the agrochemicals industry and is exploring new opportunities in the sector, Friedrich Berschauer, chairman of Bayer CropScience, said at a recent press briefing in Monheim, Germany. Bayer commands 17%-18% of the global €25 billion-€26 billion ($34 billion-$35.4 billion) agchem market and vies with Syngenta for global leadership. Berschauer: Focusing on bioscience. The global population growth and the impact of climate change are threatening the supply of agricultural products and are leading to...

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