Regulators in both the U.S. and European Union have tentatively approved the purchase of Swiss-owned Syngenta AG by a Chinese conglomerate if it “sells some businesses to satisfy anti-monopoly objections.” According to a report by CNBC, ChemChina and Syngenta have “agreed to sell businesses that make an herbicide, a pesticide and a fungicide for which …their combined large market shares would cause ‘significant competitive harm.’”
Acadian Plant Health™ (APH™), a division of Acadian Seaplants Limited (ASL), announced today the launch of their new platform technology during the 15th New Ag International Conference & Exhibition in Berlin, Germany. The launch of Acadian BioSwitch™ will help strengthen the company’s commitment to providing proven solutions to growers within the agricultural industry.
A new report by Zion Research predicts the plant growth regulator market, which was valued at $3.5 Bn in 2014, will grow 8.2 percent to $6.4 Bn in 2020. Zion reports that the use of cotton in the textile industry, the strong demand for protein synthesis in plants and herbal plant production will drive the auxin, gibberellin and cytokinin segments respectively. The report predicts that the Asia Pacific region will experience significant growth during this time period, as will North America.