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Ceres and Syngenta to Collaborate on Sweet Sorghum Market Development

    Ceres and Syngenta to Collaborate on Sweet Sorghum Market Development

PR Newswire

THOUSAND OAKS, Calif., Nov. 26, 2012

THOUSAND OAKS, Calif., Nov. 26, 2012 /PRNewswire/ --Energy crop company
Ceres, Inc. (Nasdaq: CERE) today announced that its Brazilian subsidiary Ceres
Sementes do Brasil Ltda., has signed a sweet sorghum market development
agreement with Syngenta (NYSE: SYT). The companies will work together to
support the introduction of sweet sorghum as a source of fermentable sugars at
Brazil's 400 or more ethanol mills.

Sweet sorghum is a hardy crop that can extend the ethanol production season by
up to 60 days in Brazil. It can be grown on fallow sugarcane land and
processed using the same equipment. Since it grows in just 90 to 120 days, it
requires less water and other inputs than sugarcane. Last season, Brazilian
mills planted Ceres sweet sorghum on more than 3,000 hectares (7,400 acres) —
about the size of nine New York City Central Parks. Due in part to increased
demand for ethanol and sugarcane shortages, Brazil's government recently
announced in its annual agricultural plan for 2012-2013 that sweet sorghum
would be considered a strategic crop.

Under the agreement, Syngenta and Ceres intend to collaborate on small-scale
trials as well as larger demonstration-scale field evaluations with mills this
season. Syngenta will provide its considerable agronomy resources to evaluate
its portfolio of crop protection products alongside Ceres hybrids, and Ceres
will provide both seed and research support. Both companies will coordinate
outreach to ethanol mills and develop industry training programs.

"By working together with Syngenta, we believe we can advance the development
of sweet sorghum crop management practices and provide a more complete package
of advanced hybrids and leading crop protection products to our mutual
customers," said Michael Stephenson, Vice President of Operations for Ceres.

"We are committed to helping our customers to optimize their operations
throughout the season. The cultivation of sweet sorghum enables growers to
use land and water resources more efficiently. In collaboration with Ceres, we
aim to develop this opportunity by deploying our crop protection portfolio to
achieve consistent yield improvement," said Daniel Bachner, Syngenta's Global
Head of Sugarcane.

ABOUT CERES
Ceres, Inc. (www.ceres.net) is an agricultural biotechnology company that
markets seeds for energy crops used in the production of renewable
transportation fuels, electricity and bio-based products. The company combines
advanced plant breeding and biotechnology to develop products that can address
the limitations of first-generation bioenergy feedstocks, increase biomass
productivity, reduce crop inputs and improve cultivation on marginal land. Its
development activities include sweet sorghum, high-biomass sorghum,
switchgrass and miscanthus. Ceres markets its products under its Blade brand.

ABOUT SYNGENTA
Syngenta is one of the world's leading companies with more than 26,000
employees in over 90 countries dedicated to our purpose: Bringing plant
potential to life. Through world-class science, global reach and commitment to
our customers we help to increase crop productivity, protect the environment
and improve health and quality of life. For more information about us please
go to www.syngenta.com.

CERES FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. All statements,
other than statements of historical facts, including statements regarding our
efforts to develop and commercialize our products, our short-term and
long-term business strategies, market and industry expectations, future
operating metrics, product yields and future results of operations and
financial position, are forward-looking statements. You should not place undue
reliance on these forward-looking statements because they involve known and
unknown risks, uncertainties and other factors that are, in some cases, beyond
our control. Factors that could materially affect actual results can be found
in Ceres' filings with the U.S. Securities and Exchange Commission. Ceres
undertakes no intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. These forward-looking statements should not be relied upon as
representing Ceres' views as of any date subsequent to the date of this press
release.

SYNGENTA FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements, which can be
identified by terminology such as 'expect', 'would', 'will', 'potential',
'plans', 'prospects', 'estimated', 'aiming', 'on track' and similar
expressions. Such statements may be subject to risks and uncertainties that
could cause the actual results to differ materially from these statements. We
refer you to Syngenta's publicly available filings with the U.S. Securities
and Exchange Commission for information about these and other risks and
uncertainties. Syngenta assumes no obligation to update forward-looking
statements to reflect actual results, changed assumptions or other factors.
This press release does not constitute, or form part of, any offer or
invitation to sell or issue, or any solicitation of any offer, to purchase or
subscribe for any ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall
it form the basis of, or be relied on in connection with, any contract
therefor.

SOURCE Ceres, Inc.

Website: http://www.ceres.net
Contact: Ceres, Inc., USA: Gary Koppenjan, +1-805-376-6546,
mediaoffice@ceres.net; BRAZIL: Fernanda Campos, Bureau de Ideias Associadas,
(11) 3679 9108, fernanda@bureauideias.com.br; Syngenta: Raony de Araujo, +55
(11) 56436767, raony.araujo@syngenta.com
 
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