Last SFr.299.20 CHF
Change Today +1.20 / 0.40%
Volume 411.7K
As of 11:43 AM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

syngenta ag-reg (SYNN) Snapshot

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05/13/14 - SFr.350.30
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10/16/14 - SFr.273.20
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syngenta ag-reg (SYNN) Details

Syngenta AG, an agribusiness company, is engaged in the discovery, development, manufacture, and marketing of a range of products designed to enhance crop yields and food quality worldwide. The company offers herbicides for corn, cereals, soybean, and rice; fungicides primarily for corn, cereals, fruits, grapes, rice, soybean, and vegetables; insecticides for fruits, vegetables, and field crops; and seed care, principally for corn, soybean, cereals, and cotton. It also develops, produces, and markets seeds and plants developed using genetics and related technologies, which comprise approximately 200 product lines and approximately 6,800 varieties of proprietary genetics, including field crops, such as corn, soybean, rice, cereals, oilseeds and sugar beet, and vegetables. In addition, the company offers flower genetics and pesticides, such as flower seeds, cuttings, and young plants; ornamental controls; and home and garden pesticides, as well as chemical and biological crop protection solutions for a range of ornamentals in pot and bedding plants, bulbs, and cut flowers. Further, the company offers pesticides products for turf, pest management, vector control, and vegetation management markets. Syngenta AG sells its products through independent distributors and dealers, as well as directly to large growers. The company was founded in 1999 and is headquartered in Basel, Switzerland.

28,000 Employees
Last Reported Date: 07/23/14
Founded in 1999

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syngenta ag-reg (SYNN) Key Developments

Kansas Farmers File Suit over Syngenta Corp

Three Kansas farmers have filed suit against Syngenta Corp. They join a growing number of interests across the country that have gone to court over the corn. In the three separate lawsuits, filed in Federal District Court in Wichita, Oran Winter of Sedgwick County, Wayne Schmidt of Reno County and Eugene Goering of McPherson County accuse Syngenta of disrupting the export market to China for American corn farmers. According to the suit, Syngenta released its genetically modified corn with the Agrisure Viptera trait in 2009. Agrisure Viptera is aimed at preventing yield and quality damage caused by black cutworm, corn earworm, western bean cutworm and similar insects. The suit contends that Syngenta misleadingly assured farmers it was close to getting Chinese approval. But in late 2013, afraid that corn with the Agrisure Viptera trait - which was still not approved by China - was mixed with other U.S. corn, China reduced all U.S. corn imports.

Syngenta to Eliminate or Reshuffle 1,800 Jobs Globally

Syngenta said it is eliminating or reshuffling 1,800 jobs globally as part of a $1 billion cost-cutting program to boost earnings. Most of the company-wide job reductions and relocations will occur in 2015.

Archer-Daniels-Midland Co. Files Complaint Against Syngenta

Archer-Daniels-Midland Co. has filed a complaint against Syngenta, alleging the agrochemicals maker sold it a sort of maize without revealing that it is banned in China. ADM claims it suffered damages for tens of million after China rejected all shipments of US corn, because they contained Syngenta's "Agrisure Viptera" sort. The plaintiff now wants to be compensated by the Syngenta.


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