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

Syngenta upgrades sales targets, bids to buy Devgen

6:21 AM MDT | October 5, 2012 | —Natasha Alperowicz

Syngenta says it expects sales for its eight key crops to reach a combined $25 billion/year by the end of the decade, compared with a previous target of more than $22 billion/year. The company says the revised target is driven by an accelerating rate of innovation and Syngenta’s growth strategy. Mack: Increased growth across eight crops. Last May, the company upgraded its sales expectations for corn and cereals. At a recent investors’ meeting in Pune, India, Syngenta executives outlined the potential for rice and vegetables, for which combined sales...

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