Syngenta to build seed plant in Argentina
Syngenta is to build a maize and sunflower seed processing plant in Argentina. The facility will supply Argentina and “other key global” markets. Some 350 staff will be employed at the plant in the country’s central region, while over 2,000 jobs will be created in total, the company says. It is investing an initial $50 million and up to $100 million over the next year. That includes the funding of expanding facilities at seed production farms and in seed development at its network of field stations. The company notes that the expansion follows the recent Argentine approvals it has gained for genetically modified maize. The country granted its first commercial authorisations for triple- and quadruple-stacked maize products in the past year, both for Syngenta: Viptera 4 (GA21xBt11xMIR604xMIR162) and Agrisure Viptera 3110 (GA21xBt11xMIR162 – Agrow No 637, p 20).