Syngenta Receives China Import Approval for Agrisure Duracade® Corn Trait
17 July 2017 - 11:00PM
Business Wire
- Import approval granted for food and
feed use
- Agrisure Duracade offers proven control
of corn rootworm
- Enables access to the latest Syngenta
hybrids and genetics in the USA
Syngenta announced today that it has received notification of
import approval from the Chinese Ministry of Agriculture for its
Agrisure Duracade® trait. The approval covers corn grain and
processing co-products, including dried distillers grains (DDGs),
for food and feed use.
Erik Fyrwald, CEO, said: “Obtaining this regulatory approval
opens up new opportunities for our corn seed portfolio. Growers can
expect more choice and exciting new hybrids that offer elite
genetics plus the latest in corn rootworm control technology.”
Corn rootworm costs US growers more than $1 billion annually due
to yield losses and costs of control measures. Agrisure Duracade,
which features a unique mode of action, helps deliver control of
corn rootworm for a healthier corn crop with higher yield
potential.
The Agrisure Duracade trait has completed the Food and Drug
Administration consultation process, received registration from the
Environmental Protection Agency and has been fully deregulated by
the USDA since 2013.
About Syngenta
Syngenta is a leading agriculture company helping to improve
global food security by enabling millions of farmers to make better
use of available resources. Through world class science and
innovative crop solutions, our 28,000 people in over 90 countries
are working to transform how crops are grown. We are committed to
rescuing land from degradation, enhancing biodiversity and
revitalizing rural communities. To learn more visit
www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter®
at www.twitter.com/Syngenta.
Cautionary statement regarding forward-looking
statements
Some of the statements contained in this press release are
forward-looking statements, which involves a number of risks and
uncertainties discussed in Syngenta’s public filings with the SEC,
including the "risk factors" section of Syngenta's Form 20-F filed
on February 16, 2017 as well as the U.S. Offer documents filed by
ChemChina and CNAC Saturn (NL) B.V. (“Purchaser”) and the
Solicitation/Recommendation Statement filed by Syngenta. These
statements are based on current expectations, assumptions,
estimates and projections, and involve known and unknown risks,
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activity, performance or achievements to be materially different
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other similar expressions. If underlying assumptions prove
inaccurate or unknown risks or uncertainties materialize, actual
results and the timing of events may differ materially from the
results and/or timing discussed in the forward-looking statements,
and you should not place undue reliance on these statements.
ChemChina, Purchaser and Syngenta disclaim any intent or obligation
to update any forward-looking statements as a result of
developments occurring after the period covered by this press
release or otherwise.
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