Total : 51 View more »
Oct. 5: Growers from Kansas, Missouri and three other states left their combines briefly last week to speak with executives from Syngenta Crop Protection about the importance of atrazine to their farming operations. A roundtable meeting was held at the National Corn Growers Association
http://ncga.com/farm-leaders-meet-voice-atrazine-support-10-5-09
Atrazine Backed By Decades Of Safe Use, Scientific Review. For 50 years and through many administrations, sound science has governed US regulatory decisions on atrazine, a well-studied herbicide that farmers rely upon worldwide to produce safe, healthy and abundant crops
http://www.prlog.org/10370475-atrazine-backed-by-decades-of-safe-use-scientific-review.html
Syngenta Ventures Invests in U.S. Biotech Company Metabolon. - Syngenta venture capital investment subsidiary created - First direct equity investment in Metabolon, U.S. biotech company.
Syngenta will retain exclusive rights to the biomolecules expressed in plants, as well as nonexclusive rights to the same biomolecules expressed through non-plant, non-microbial means.
http://www.biospace.com/news_story.aspx?StoryID=161423&full=1
Total : 8 View more »
CAMBRIDGE, Mass., Nov 03, 2009 /PRNewswire-FirstCall via COMTEX/ --
Verenium Corporation (Nasdaq: VRNM), a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, today announced the successful closure of previously defined programs under its joint research collaboration with Syngenta Participations AG of Switzerland. In connection with the completion of those programs, the parties have executed an agreement whereby Verenium gained additional exclusive rights to an array of proprietary biomolecules expressed microbially, as well as non-exclusive rights to the same biomolecules expressed through non-plant and non-microbial means, further bolstering its strong Specialty Enzymes product pipeline. Syngenta will retain exclusive rights to the biomolecules expressed in plants, as well as nonexclusive rights to the same biomolecules expressed through non-plant, non-microbial means.
"We are very pleased with the success and productivity of our relationship with Syngenta," said Carlos A. Riva, President and Chief Executive Officer of Verenium. "I'd like to acknowledge the significant amount of work that has been done over the last several years, and am enthusiastic about the exciting new product candidates that have been generated for both companies as a result of this collaboration."
As a result of this transaction, Verenium will receive license fees, including future royalties, for a commercial enzyme candidate licensed to a third party.
In addition, Verenium obtained microbial and non-plant rights to several late-stage enzyme development candidates, including:
-- Alpha amylases and glucoamylases for starch processing in biofuels
production;
-- Xylanases and beta-glucanases for use in the animal feed industry; and
-- Thermostable phytases also for use in the animal feed industry. This
class of enzymes is used commercially to release inorganic phosphate
from plant material enhancing its nutritive value and reducing
environmental phosphorus pollution.
The animal feed industry is the second largest market for enzymes, with an estimated 7% rate of underlying growth per year.
About Verenium
Verenium Corporation is a leader in the development and commercialization of cellulosic ethanol, an environmentally-friendly and renewable transportation fuel, as well as high-performance specialty enzymes for applications within the biofuels, industrial, and animal health markets. The Company possesses integrated, end-to-end capabilities and cutting-edge technology in pre-treatment, novel enzyme development, fermentation and project development for next-generation biofuels. Through Vercipia, a 50-50 joint venture with BP, the Company is moving rapidly to commercialize cellulosic technology for the production of ethanol from a wide array of non-food feedstocks, including dedicated energy crops, agricultural waste, and wood products. In addition to the vast potential for biofuels, a multitude of large-scale industrial opportunities exist for the Company for products derived from the production of low-cost, biomass-derived sugars.
Verenium's Specialty Enzyme business harnesses the power of enzymes to create a broad range of specialty products to meet high-value commercial needs. Verenium's world class R&D organization is renowned for its capabilities in the rapid screening, identification, and expression of enzymes-proteins that act as the catalysts of biochemical reactions. For more information on Verenium, visit http://www.verenium.com.
Forward Looking Statements
Statements in this press release that are not strictly historical are "forward-looking" and involve a high degree of risk and uncertainty. These include, but are not limited to, statements related to the potential value and utility of the rights to biomolecules obtained through the agreement with Syngenta, potential payments Verenium may receive under license agreements assigned to it by Syngenta, and the estimated growth in the market for animal feed enzymes, as well as the Company's operations, capabilities, commercialization activities, target markets, cellulosic ethanol facilities, target markets and future financial performance, results and objectives, all of which are prospective. Such statements are only predictions, and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to the differences include, but are not limited to, risks associated with Verenium's technologies, risks associated with the costs, labor requirements and labor availability associated with Verenium's demonstration plant, risks associated with Verenium's ability to obtain additional capital to support its planned operations and financial obligations, risks associated with Verenium's dependence on patents and proprietary rights, risks associated with Verenium's protection and enforcement of its patents and proprietary rights, technological, regulatory, competitive and other risks related to development, production, and commercialization of cellulosic ethanol and other biofuels and the commercial prospects of those industries, Verenium's dependence on existing collaboration, manufacturing, and/or license agreements, and its ability to achieve milestones under existing and future collaboration agreements, the ability of Verenium and its partners to commercialize its technologies and products (including by obtaining any required regulatory approvals) using Verenium's technologies and timing for launching any commercial products and projects, the ability of Verenium and its collaborators to market and sell any products that it or they commercialize, the development or availability of competitive products or technologies, the future ability of Verenium to enter into and/or maintain collaboration and joint venture agreements and licenses, changes in the U.S. or global energy markets and laws and regulations applicable to them, and risks and other uncertainties more fully described in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's annual report on Form 10-K for the year ended December 31, 2008 and any updates contained in its subsequently filed quarterly reports on Form 10-Q. These forward-looking statements speak only as of the date hereof, and the Company expressly disclaims any intent or obligation to update these forward-looking statements.
Contacts:
Kelly Lindenboom Sarah Carmody
Vice President, Sr. Corporate Communications Associate
Corporate Communications 617-674-5357
617-674-5335 sarah.carmody@verenium.com
kelly.lindenboom@verenium.com
SOURCE Verenium Corporation
http://www.verenium.com
Tags: agricultural animal animal feed annual report business ceo commercial communications corporate crops energy ethanol food health industrial joint venture labor licenses manufacturing market nasdaq new product plant pollution president productivity products regulations research switzerland technology utilities
Oct 19, 2009 (Wall Street Horizon via COMTEX) --
Syngenta AG (ADR) (SYT)
Expected next earnings release: Announcement date: 2/5/2010 - Before Market Earnings Quarter: Q3 Announcement Status: Unconfirmed
Tags: corporate earnings market
Companies: Syngenta AG (SYT)
BASEL, Switzerland, Oct 23, 2009 /PRNewswire-FirstCall via COMTEX/ --
Sales in the third quarter of 2009 were 8 percent lower at constant exchange rates; excluding a decline in glyphosate prices sales were 3 percent lower*. Reported sales were 12 percent lower at $2 billion. In the first nine months of the year, sales were unchanged at constant exchange rates at $8.7 billion.
In Crop Protection third quarter sales were 10 percent lower*; excluding glyphosate pricing sales were 4 percent lower*. In Europe and NAFTA, grower sentiment was subdued in a shorter season with lower pest pressure; credit constraint in Eastern Europe also contributed to a reduction in volume. Latin America saw robust volume growth at the start of the main season supported by higher soybean acres. In Asia-Pacific sales were driven by the launch of new products and by strong growth in fungicides. Overall, prices excluding glyphosate were slightly higher for the quarter and for the first nine months were up by 6 percent.
Crop Protection sales by product line saw an increase in Fungicides and Insecticides led by Latin America and Asia Pacific. Sales of Selective Herbicides were lower primarily due to a product timing issue in France; Non-selective Herbicide performance reflected significantly lower glyphosate prices. Seed Care sales continued their rapid growth in Asia Pacific but were lower in other regions. Professional Products have been affected this year by the economic environment.
Combined sales of new products reached $274 million in the first nine months, an increase of 30 percent*, driven by DURIVO((R)), REVUS((R)) and AXIAL((R)).
Seeds sales increased by 3 percent* in the quarter. For Corn & Soybean volumes in Latin America showed good growth driven by corn in Argentina and soybean in Brazil; in NAFTA returns of soybean were higher following early season acreage uncertainty. Diverse Field Crops and Vegetables grew strongly in all regions, with Vegetables continuing their rapid expansion in Eastern Europe and Asia-Pacific, notably China. Flowers growth reflected the consolidation of acquisitions.
For the full year, Syngenta is targeting earnings per share** close to the record level achieved in 2008.
Syngenta (NYSE: SYT) is one of the world's leading companies with more than 24,000 employees in over 90 countries dedicated to our purpose: Bringing plant potential to life. Through world-class science, global reach and commitment to our customers we help to increase crop productivity, protect the environment and improve health and quality of life. For more information about us please go to www.syngenta.com.
* At constant exchange rates.
** Fully diluted, excluding restructuring and impairment.
Cautionary Statement Regarding Forward-Looking Statements
This document contains forward-looking statements, which can be identified by terminology such as 'expect', 'would', 'will', 'potential', 'plans', 'prospects', 'estimated', 'aiming', 'on track' and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. We refer you to Syngenta's publicly available filings with the U.S. Securities and Exchange Commission for information about these and other risks and uncertainties. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. This document does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer, to purchase or subscribe for any ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on in connection with, any contract therefore.
Unaudited Nine Months Product Line and Regional Sales
9 months 2009 9 months 2008 Actual CER(1)
Syngenta $m $m % %
--------------------------------------------------------------------------
Crop Protection 6609 7429 - 11 - 2
Seeds 2082 2156 - 3 +6
Business Development 7 22 - 69 - 69
Inter-segment elimination(2) (43) (35) - -
--------------------------------------------------------------------------
Third Party Sales 8655 9572 -10 -
--------------------------------------------------------------------------
Crop Protection
--------------------------------------------------------------------------
Product line
Selective Herbicides 1887 2063 - 8 +2
Non-selective Herbicides 961 1101 - 13 - 5
Fungicides 1810 2103 - 14 - 4
Insecticides 995 1089 - 9 -
Seed Care 578 622 - 7 +1
Professional Products 317 387 - 18 - 15
Others 61 64 - 5 -
--------------------------------------------------------------------------
Total 6609 7429 - 11 - 2
--------------------------------------------------------------------------
Regional
Europe, Africa and Middle East 2212 2813 - 21 - 6
NAFTA 2286 2355 - 3 +3
Latin America 1065 1213 - 12 - 12
Asia Pacific 1046 1048 - +10
--------------------------------------------------------------------------
Total 6609 7429 - 11 - 2
--------------------------------------------------------------------------
Seeds
--------------------------------------------------------------------------
Product line
Corn and Soybean 969 958 +1 +7
Diverse Field Crops 374 420 - 11 +9
Vegetables and Flowers 739 778 - 5 +4
--------------------------------------------------------------------------
Total 2082 2156 - 3 +6
--------------------------------------------------------------------------
Regional
Europe, Africa and Middle East 818 984 - 17 +1
NAFTA 974 872 +12 +13
Latin America 156 173 - 10 - 10
Asia Pacific 134 127 +6 +21
--------------------------------------------------------------------------
Total 2082 2156 - 3 +6
--------------------------------------------------------------------------
(1) Growth at constant exchange rates.
(2) Crop Protection inter-segment sales to Seeds.
Unaudited Third Quarter Product Line and Regional Sales
3rd 3rd
Quarter 2009 Quarter 2008 Actual CER(1)
Syngenta $m $m % %
--------------------------------------------------------------------------
Crop Protection 1609 1875 - 14 - 10
Seeds 406 417 - 3 +3
Business Development 2 2 - 32 - 31
Inter-segment elimination(2) (17) (17) - -
--------------------------------------------------------------------------
Third Party Sales 2000 2277 - 12 - 8
--------------------------------------------------------------------------
Crop Protection
--------------------------------------------------------------------------
Product line
Selective Herbicides 272 384 - 29 - 25
Non-selective Herbicides 270 362 - 25 - 21
Fungicides 454 454 - +5
Insecticides 322 310 +4 +9
Seed Care 186 234 - 20 - 14
Professional Products 92 98 - 7 - 7
Others 13 33 - 59 - 64
--------------------------------------------------------------------------
Total 1609 1875 - 14 - 10
--------------------------------------------------------------------------
Regional
Europe, Africa and Middle
East 402 563 - 29 - 19
NAFTA 404 505 - 20 - 18
Latin America 515 515 - -
Asia Pacific 288 292 - 1 +4
--------------------------------------------------------------------------
Total 1609 1875 - 14 - 10
--------------------------------------------------------------------------
Seeds
--------------------------------------------------------------------------
Product line
Corn and Soybean 126 144 - 13 - 13
Diverse Field Crops 70 67 +6 +20
Vegetables and Flowers 210 206 +2 +8
--------------------------------------------------------------------------
Total 406 417 - 3 +3
--------------------------------------------------------------------------
Regional
Europe, Africa and Middle
East 159 173 - 8 +4
NAFTA 94 99 - 6 - 5
Latin America 115 107 +7 +7
Asia Pacific 38 38 +1 +9
--------------------------------------------------------------------------
Total 406 417 - 3 +3
--------------------------------------------------------------------------
(1) Growth at constant exchange rates.
(2) Crop Protection inter-segment sales to Seeds.
Syngenta International AG
Media Office
CH-4002 Basel
Switzerland
Tel: +41 61 323 23 23
Fax: +41 61 323 24 24
www.syngenta.com
Media contacts:
Medard Schoenmaeckers
Switzerland +41 61 323 2323
Analyst/Investor contacts:
Jennifer Gough
Switzerland +41 61 323 5059
USA +1 202 737 6521
John Hudson
Switzerland +41 61 323 6793
USA +1 202 737 6520
SOURCE Syngenta
http://www.syngenta.com
Tags: acquisition africa argentina asia brazil business china contract corn earnings environment europe expansion france health herbicide media middle east nafta nyse plant prices productivity products restructuring sales science securities soybean switzerland track
Companies: Syngenta AG (SYT)
BASEL, Switzerland, Oct 27, 2009 /PRNewswire-FirstCall via COMTEX/ --
Syngenta Ventures announced today that it has made an equity investment in Metabolon, a privately-held U.S. biotechnology company focused on the use of metabolomics in research and diagnostics. This is the first direct investment by Syngenta Ventures, Syngenta's newly-established corporate venture capital subsidiary.
"The creation of Syngenta Ventures will complement our in-house R&D work and enables us to be even more involved in promising technologies and innovative products with external partners," said Robert Berendes, Head of Business Development at Syngenta. "We need access to the best available new technologies in order to achieve the increase in agricultural output which will be vital over the coming years."
Sandro Aruffo, Head of Research and Development at Syngenta, added: "This investment follows a research collaboration with Metabolon which has existed for some years. We believe Metabolon's unique metabolomics platform will be an increasingly important technology for the development of innovative new products in the agriculture industry."
Metabolomics provides mechanistic insight and biochemical markers for complex biological processes. This technology aims to accelerate the development of plants with innovative new native and genetically modified traits.
Syngenta Ventures will take a seat on the Board of Metabolon. The equity investment was made in the Series C financing of Metabolon which raised in total $12.3 million from a number of investors, including Syngenta Ventures. Financial details of the equity investment were not disclosed.
About Syngenta
Syngenta (NYSE: SYT) is one of the world's leading companies with more than 24,000 employees in over 90 countries dedicated to our purpose: Bringing plant potential to life. Through world-class science, global reach and commitment to our customers we help to increase crop productivity, protect the environment and improve health and quality of life. For more information about us please go to www.syngenta.com.
About Metabolon
Metabolon is a diagnostics and services company offering the industry's leading biochemical profiling platform. Metabolon's patented platform provides a global analysis of complex biological samples for the discovery of markers. This metabolomics-driven approach enables the identification of biomarkers useful for the development of a wide range of diagnostics and provides insight into complex biochemical processes such as drug action, toxicology and bioprocess optimization. For more information about Metabolon, please visit www.metabolon.com.
Cautionary Statement Regarding Forward-Looking Statements
This document contains forward-looking statements, which can be identified by terminology such as 'expect', 'would', 'will', 'potential', 'plans', 'prospects', 'estimated', 'aiming', 'on track' and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. We refer you to Syngenta's publicly available filings with the U.S. Securities and Exchange Commission for information about these and other risks and uncertainties. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. This document does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer, to purchase or subscribe for any ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on in connection with, any contract therefore.
Media contacts:
Medard Schoenmaeckers
Switzerland +41 61 323 2323
Paul Minehart
USA +1 202 737 8913
Analyst/Investor contacts:
Jennifer Gough
Switzerland +41 61 323 5059
USA +1 202 737 6521
John Hudson
Switzerland +41 61 323 6793
USA +1 202 737 6520
SOURCE Syngenta
http://www.syngenta.com
Tags: agricultural biology business contract corporate equity health investment media nyse plant productivity products research research and development science securities switzerland technology track venture capital
Companies: Syngenta AG (SYT)
Total : 3,962 View more »
Information hosted in FWi Company Link is supplied by Farmers weekly interactive partners and is not created or endorsed by www.fwi.co.uk staff.
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The aim of this website is to give more details on the work of the 2,500 or so people who are employed at the 11 Syngenta sites across the UK and Ireland.
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A series of innovative Art of Application podcasts, packed with practical tips and information, now give sprayer operators a quick and easy way to home their skills and improve the timeliness and accuracy of spray treatments.
http://www.pitchcare.com/magazine/on-line-podcasts-to-improve-turf-spray-application.html
Total : 555,000 View more »
Syngenta is a world-leading agri-business committed to sustainable agriculture through innovative research and technology.
Syngenta AG is a large global agribusiness which markets seeds and pesticides. Syngenta is involved in biotechnology and genomic research. The company is a leader in crop ...
See the company profile for SYNGENTA AG ADS (SYT) including business summary, industry/sector information, number of employees, business summary, corporate governance, key ...
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Agricultural Area Manager jobs at Farmers Weekly Jobs. See our list of Agricultural Area Manager jobs and apply online for your next career move.
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AB Enzymes - News and Events - AB Enzymes acquires Quantum Phytase feed enzyme business and technology
http://www.abenzymes.com/index.php?simple=go&type=newsEvent&id=789
"We provide these documents as reference for our stakeholders. They contain information that was accurate at the time of original publication, but may become outdated over time.
http://www.seeds.novartis.com/en/media/eventsandpresentations.html
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