[July 17, 2017] |
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Syngenta Receives China Import Approval for Agrisure Duracade® Corn Trait
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 revitalizig rural communities. To learn more
visit www.syngenta.com
and www.goodgrowthplan.com.
Follow us on Twitter (News - Alert)® 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 (News - Alert),
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, uncertainties and
other factors that may cause results, levels of activity, performance or
achievements to be materially different from any forward-looking
statements. These statements are generally identified by words or
phrases such as "believe", "anticipate", "expect", "intend", "plan",
"will", "may", "should", "estimate", "predict", "potential", "continue"
or the negative of such terms or 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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