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Monsanto's move on Syngenta could mean move away from glyphosate

2015-05-22 21:57:54| Chemicals - Topix.net

Monsanto Co, the world's largest seed company, is also known for the popularity of its Roundup herbicide, a weedkiller beloved by farmers and homeowners alike for its speed and deadly assault on tough weeds. But Monsanto's ongoing efforts to try to take over Swiss agrochemicals firm Syngenta, a rival whose product portfolio offers an array of agricultural chemicals, could spark a sell-off or de-emphasis of a product line that last year brought in roughly $5 billion, or a third of total revenues for Monsanto, according to industry sources.

Tags: from move syngenta glyphosate

Syngenta statement on Agrisure Viptera damage award claim

2015-05-18 06:00:00| Corn & Soybean Digest

WASHINGTON, D.C., USA, May 18, 2015 – A plaintiff’s lawyer has issued a public statement claiming that damages have been awarded in the Agrisure Viptera® corn lawsuits against Syngenta. That statement is false. No court has made any such determination. Syngenta acted appropriately in this matter, believes the lawsuits are baseless and will continue to defend against them. American farmers deserve to have access to U.S.-approved technologies like Agrisure Viptera that can help increase their crop yields and productivity. read more

Tags: statement claim award damage

Syngenta AG Upgraded to Buy at Kepler Capital Markets

2015-05-17 15:04:02| Chemicals - Topix.net

Shares of Syngenta AG opened at 87.90 on Monday. Syngenta AG has a 1-year low of $58.72 and a 1-year high of $89.98.

Tags: buy capital markets upgraded

Monsanto's Syngenta gambit hinges on sale of seed businesses: sources

2015-05-15 16:40:52| Chemicals - Topix.net

U.S. seeds giant Monsanto is trying to line up buyers for assets worth up to $8 billion to appease competition authorities before making a fresh takeover approach for Swiss Syngenta, possibly within three weeks, industry sources said. Monsanto is expected to tap German chemicals group BASF, an existing joint venture partner, as it seeks a buyer for the U.S. seeds business of Syngenta, which can't be part of its proposed takeover, sources said.

Tags: sale sources businesses seed