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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Syngenta Combines Seeds and Crop Protection Businesses

9:20 AM MST | February 11, 2011 | —NATASHA ALPEROWICZ IN BASEL

Syngenta, the leading producer of agchems, has announced plans to reorganize its operations by combining the sales and marketing activities of its seeds and crop protection businesses. The move provides farmers with a “superior offer” to that of any of Syngenta’s competitors, the company says. Mike Mack, CEO, announced the plan earlier this month at Syngenta’s annual press briefing in Basel. He also pledged that the company would continue to gain market share in agchems at a rate of 0.5%/year across the integrated business and achieve an Ebitda margin of...

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