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Syngenta and Dow AgroSciences announce a R&D agreement
Dec. 5, 2008
Dow AgroSciences and Syngenta will target opportunities to maximize crop vigor and yield in field crops and vegetables through synergies between the two companies chemistries. Joint projects will aim to accelerate the delivery to market of high performance seed treatment and seed enhancement technologies. Dow AgroSciences compounds will be used in combination with Syngentas portfolio; products arising from the collaboration will be commercialized by Syngenta.
John Atkin, Chief Operating Officer of Syngenta Crop Protection, said: "We see significant seed treatment potential in Dow AgroSciences portfolio, which is complementary to Syngentas leading Seed Care range. Syngentas proven expertise in the development and marketing of top performing products for the global seeds industry will enable rapid development of new products at a time of increasing demand for technology to improve crop yields."
"Dow AgroSciences is pleased to partner with an industry leader in seed treatment to bring new state-of-the-art products to growers", said Jerome Peribere, President and CEO of Dow AgroSciences. "Combining Dow AgroSciences active ingredients and The Dow Chemical Companys coating and polymers technologies along with Syngentas industry leading seed treatment portfolio and expertise will be a great benefit for growers in providing world class solutions around the globe."?
Financial terms of the agreement have not been disclosed.
Source: Market Watch
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