September 26, 2016 11:06 AM ET

Chemicals

Company Overview of Syngenta Corporation

Company Overview

Syngenta Corporation, through its subsidiaries, provides agriculture, and lawn and garden products to growers and the food and feed chain in the United States and internationally. It offers crop protection products, such as seed treatments, herbicides, insecticides, and fungicides; farm management solutions, which include water optimization solutions; seeds, including corn, soybeans, wheat, sugarbeets, sunflowers, cereals, and vegetable seeds; and crops, such as almonds, citrus, cotton, and potatoes. The company also provides lawn and garden solutions, including golf, turf, lawn care, pest management, aquatic weed control, and ornamental controls, as well as vegetative and seed flowers; and ...

3411 Silverside Road

Suite 100

Wilmington, DE 19810

United States

Founded in 2000

Phone:

302-425-2000

Fax:

302-425-2001

Key Executives for Syngenta Corporation

President of Syngenta Seeds U S
Compensation as of Fiscal Year 2016.

Syngenta Corporation Key Developments

United States Corn Farmers Files Several Class Action Lawsuits Against Syngenta Corporation

United States corn farmers have filed several class action lawsuits against Syngenta Corporation in Illinois, Iowa, Missouri, Kansas, and Nebraska federal courts. The lawsuits have been coordinated by Hausfeld LLP along with several other co-counsel, including Grant & Eisenhofer, P.A. The lawsuits allege that U.S. corn farmers have been damaged by Syngenta's premature release of genetically-engineered MIR 162 corn seed into the U.S. market before the seed received import approval from China. As of November 2013, China has stopped importing U.S. corn when it detects traces of MIR162 in U.S. corn shipments. China has given no indication of when, or if, it will approve Syngenta's genetically engineered seed to allow these imports to continue. The lawsuits allege that Syngenta's decision to continue marketing MIR162 corn in the United States -- despite the lack of import approval from China -- has caused U.S. corn to be effectively excluded from China and domestic corn prices to be detrimentally impacted as a result. China previously served as the third-largest export market for U.S. corn. The complaints further allege that Syngenta has attempted to downplay and misrepresent the significance of the export market for corn on U.S. corn prices, China's key role in the U.S. export market, and the timing of Chinese approval of MIR162 -- with the intention of encouraging farmers to continue to buy and plant its MIR162 corn while knowing it would contaminate and impact the export market. The lawsuit further contends that Syngenta repeatedly suggested that China's approval of MIR162 would happen imminently, when, in fact, Syngenta officials knew that China was no closer to approving MIR162. The complaints have been brought on behalf of a nationwide class of corn farmers who grew, harvested, and sold non-MIR162 corn on a commercial basis from November 2013 to the present, as well as on behalf of corn farmers in Illinois, Iowa, Missouri, Kansas, and Nebraska.

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