Syngenta build $50 million processing plant in Argentina

Syngenta to build $50 million processing plant in Argentina

6:51 AM, 6th July 2012
Syngenta to build $50 million processing plant in Argentina
Mike Mack, CEO, Syngenta.

BASEL, SWITZERLAND: Syngenta announced a $50 million investment to build a new processing plant for corn and sunflower seeds in Argentina. The plant, located in the country’s central region, will supply Argentina and other key markets globally. It will create over 2,000 jobs, including 350 direct employees. Syngenta is also expanding facilities at seed production farms and continues to invest in seed development at its network of field stations.

“With its wealth of agricultural resources, Argentina is ideally placed to help satisfy growing global demand for food and feed. This latest investment by Syngenta follows our recent introductions of innovative seed technologies and further demonstrates our commitment to the Argentine market, as well as our confidence in the global growth of our corn and sunflower businesses,” said Mike Mack, CEO, Syngenta.

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