SYNGENTA AG (NYSE: SYT) Syngenta is an agribusiness company headquartered in Basel, Switzerland.
Syngenta makes herbicides, fungicides and insecticides for a variety of commercial crops including fruits and vegetable crops as well as turf and lawn chemicals. The company also supplies seeds--both hybrid and gene modified--for a variety of crops.
Syngenta was formed in 2000 as the agriculture business of Astra-Zeneca and Novartis. Those companies included agriculture divisions acquired from several well known companies including Sandoz/Velsicol, Stauffer, Merck, ICI, and Ciba-Geigy.
In 2014, Syngenta, signed a deal with Cellulosic Ethanol Technologies, LLC — a subsidiary of Quad County Corn Processors, under which Syngenta will use Quad's Adding Cellulosic Ethanol (ACE) technology in new ethanol plants. This is apparently part of Syngenta's Enogen gene modified corn seed technology which is supposed to make cellulose easier to convert to ethanol. The article also mentions recovery of corn oil.
Recent Mentions on Fool.com
- How Monsanto Pushed Syngenta AG (ADR) Shares 15% Higher Today
- Move Aside, Solar Panels: GMO Corn is Igniting the Next Trade War with China
- Are These 28 European Countries About to Open the Door to Monsanto Company?
- Are Stacks on Stacks From Dow Chemical Company a Superweed's Worst Nightmare or Best Friend?
- Monsanto Company Earnings: Would a Syngenta Buyout Boost Growth?