Syngenta

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Wednesday, April 10, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

Syngenta Group reports $32.2 billion sales and $4.6 billion EBITDA in 2023

Retrieved on: 
Friday, March 29, 2024

Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.

Key Points: 
  • Full-year sales of Syngenta Crop Protection were 5 percent lower at $15.5 billion after exceptional growth in the previous year.
  • ADAMA sales decreased 17 percent to $5.6 billion for the full year 2023, with significant channel destocking, particularly in the Americas, affecting the comparison.
  • Syngenta Seeds sales grew 2 percent to $4.8 billion in the full year 2023 in an overall growing seeds market.
  • Sales of Syngenta Group China, consisting of the Group’s Seeds, Crop Protection, Crop Nutrition, MAP and digital activities in China, grew 11 percent to $9.6 billion in the full year 2023.

Syngenta and Lavie Bio Announce Partnership to Discover and Develop Novel Bio-Insecticide

Retrieved on: 
Tuesday, February 20, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240220094490/en/
    The collaboration will leverage Lavie Bio's unique technology platform to rapidly identify and optimize bio-insecticide candidates, as well as Syngenta’s extensive global research, development and commercialization capabilities.
  • “Syngenta is a leader in advancing sustainable agriculture and we are thrilled to collaborate with Lavie Bio in biocontrol innovation and bring novel modes of action in the growers’ toolbox to combat insect resistance,” said Camilla Corsi, Global Head of Research at Syngenta Crop Protection.
  • "Both companies share a mutual commitment to sustainable farming and together, we aim to develop an impactful bio-insecticide product.
  • Lavie Bio's unique computational capabilities and Syngenta's vast experience in developing and commercializing innovative products make this partnership significant.

Biome Makers' world's largest soil database reaches over 24MM microorganisms paired with AI to decode soil biology

Retrieved on: 
Wednesday, March 6, 2024

DAVIS, Calif., March 6, 2024 /PRNewswire/ -- Today, Biome Makers, a global soil genomics company, announces its soil database has surpassed 24MM microorganisms, further expanding the world's largest database of soil data paired with AI.

Key Points: 
  • DAVIS, Calif., March 6, 2024 /PRNewswire/ -- Today, Biome Makers, a global soil genomics company, announces its soil database has surpassed 24MM microorganisms, further expanding the world's largest database of soil data paired with AI.
  • As this powerful database grows, it continuously enhances its ability to feed actionable intelligence to the industry, critical to recovering soil health and growing more resilient crops and nutritious food.
  • The soil data includes soil samples collected across six continents and 56 countries over the last decade.
  • "As an investor in Biome Makers, we're happy to see the company's soil database surpassing 24 million microorganisms, further solidifying its position as a global leader in soil genomics.

Taranis Board Welcomes Accomplished Syngenta Executive Vern Hawkins

Retrieved on: 
Tuesday, February 20, 2024

WESTFIELD, Ind., Feb. 20, 2024 /PRNewswire/ -- Taranis, the global leader in AI-powered crop intelligence, announces the appointment of Vern Hawkins to its Board of Directors, effective February 15, 2024.

Key Points: 
  • WESTFIELD, Ind., Feb. 20, 2024 /PRNewswire/ -- Taranis, the global leader in AI-powered crop intelligence, announces the appointment of Vern Hawkins to its Board of Directors, effective February 15, 2024.
  • Hawkins, currently serving as Syngenta's President of Crop Protection and Regional Director of North America, brings extensive international agricultural leadership to Taranis.
  • Hawkins' extensive understanding of the crop production sector both domestically and internationally makes him a tremendous asset to the team of industry leaders on Taranis' Board of Directors.
  • Taranis CEO Opher Flohr adds his excitement for the future of the company and the appointment of Hawkins, noting that as Taranis continues to grow, the insight of industry thought-leaders such as Hawkins will remain paramount.

Syngenta and Lavie Bio Announce Partnership to Discover and Develop Novel Bio-Insecticide

Retrieved on: 
Tuesday, February 20, 2024

BASEL, Switzerland and REHOVOT, Israel, Feb. 20, 2024 /PRNewswire/ -- Syngenta Crop Protection, a leader in agricultural innovation, and Lavie Bio Ltd., a leading ag-biologicals company and a subsidiary of Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN), today announced an agreement for the discovery and development of new biological insecticidal solutions. The collaboration will leverage Lavie Bio's unique technology platform to rapidly identify and optimize bio-insecticide candidates, as well as Syngenta's extensive global research, development and commercialization capabilities.

Key Points: 
  • The collaboration will leverage Lavie Bio's unique technology platform to rapidly identify and optimize bio-insecticide candidates, as well as Syngenta's extensive global research, development and commercialization capabilities.
  • "We're excited to collaborate with Syngenta, a world leader in agricultural innovation," said Amit Noam, CEO of Lavie Bio.
  • "Both companies share a mutual commitment to sustainable farming, and together, we aim to develop an impactful bio-insecticide product.
  • Lavie Bio's unique computational capabilities and Syngenta's vast experience in developing and commercializing innovative products make this partnership significant.

Meatable Strengthens Board of Directors to Accelerate Growth of Breakthrough Food Technology

Retrieved on: 
Thursday, February 15, 2024

“Meatable is at an exciting juncture in our growth trajectory as we prepare to launch our consumer products in Singapore and host our first tasting in the EU.

Key Points: 
  • “Meatable is at an exciting juncture in our growth trajectory as we prepare to launch our consumer products in Singapore and host our first tasting in the EU.
  • On the Meatable Board, Mr. Abony will support the company’s management team by advising on commercial development initiatives in the U.S. as well as future transactions.
  • “Compared to others in its category, Meatable is highly differentiated through its industry-first technology and phased approach.
  • “Meatable is working at the forefront of food technology and is a clear-cut leader in the cultivated meat space,” said Ms. Malarkey.

FARMERS NATIONAL COMPANY ADDS TWO REGIONAL VICE PRESIDENTS

Retrieved on: 
Tuesday, February 13, 2024

OMAHA, Neb., Feb. 13, 2024 /PRNewswire/ -- Farmers National Company would like to announce the addition of two regional vice presidents.

Key Points: 
  • OMAHA, Neb., Feb. 13, 2024 /PRNewswire/ -- Farmers National Company would like to announce the addition of two regional vice presidents.
  • These two leadership roles will lead, manage and inspire Farmers National Company's team of area vice presidents, area sales managers, farm managers, appraisers and area staff.
  • Farmers National Company manages more than 5,000 farms and ranches in 30 states comprising more than 2 million acres.
  • Over the last five years, Farmers National Company has sold 4,650 properties (1,640 at auction) and more than $3.25 billion of real estate.

Syngenta Continues Decarbonization of Global Operations – U.S. Site Recognized by U.S. Environmental Protection Agency

Retrieved on: 
Thursday, February 8, 2024

Syngenta Group, one of the world’s leading global agriculture technology companies, announced today that its manufacturing facility in St Gabriel, Louisiana, U.S., has been recognized as a top user of green power by the U.S. Environmental Protection Agency (EPA).

Key Points: 
  • Syngenta Group, one of the world’s leading global agriculture technology companies, announced today that its manufacturing facility in St Gabriel, Louisiana, U.S., has been recognized as a top user of green power by the U.S. Environmental Protection Agency (EPA).
  • View the full release here: https://www.businesswire.com/news/home/20240208924818/en/
    Syngenta continues decarbonization of global operations – US site recognized by U.S. Environmental Protection Agency (Photo: Business Wire)
    This recognition marks the latest milestone in the company’s actions to decarbonize its operations globally.
  • Dr. Tom Gray, Head of Active Ingredient Strategy and Operations at Syngenta Group, said: “We are proud to be recognized by the U.S. Environmental Protection Agency for being a leader in the green power market.
  • “Syngenta is fully committed to a long-term journey to reduce greenhouse gas emissions in the running of our operations,” said Gray.

ProducePay Raises $38 Million to Improve Predictability and Transparency Across the Global Fresh Produce Supply Chain

Retrieved on: 
Monday, February 5, 2024

On a mission to transform the global agricultural industry by eliminating economic and food waste, ProducePay’s Predictable Commerce Platform gives growers and buyers an unprecedented level of transparency and predictability in the increasingly volatile fresh produce supply chain .

Key Points: 
  • On a mission to transform the global agricultural industry by eliminating economic and food waste, ProducePay’s Predictable Commerce Platform gives growers and buyers an unprecedented level of transparency and predictability in the increasingly volatile fresh produce supply chain .
  • To date, the company has supported more than $4.5 billion in fresh produce transactions globally.
  • "Extreme weather events, supply shortages, and price fluctuations are just a few examples of factors contributing to the increasing volatility of the fresh produce industry,” said Patrick McCullough, chief executive officer of ProducePay.
  • ProducePay and its investors aim to replicate this success across more partners, more produce categories, and more regions around the world.