Basel,
Switzerland
May 10, 2004
Syngenta announced today
that it has filed for registration of a new selective herbicide
with the registration code 407 in three major markets. After
filing for registration in the USA and Canada, the filing in the
European Union has now been completed.
The new
herbicide will control weeds in barley and wheat. First sales
are targeted for 2006, subject to registration. The cereal
herbicide market is estimated at more than $1.7 billion across
Europe and in North America.
Syngenta is a world-leading agribusiness committed to
sustainable agriculture through innovative research and
technology. The company is a leader in crop protection, and
ranks third in the high-value commercial seeds market. Sales in
2003 were approximately $6.6 billion. Syngenta employs some
19,000 people in over 90 countries. Syngenta is listed on the
Swiss stock exchange (SYNN) and in New York (SYT).
Source: Phillips McDougall, 2002 estimates |