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Syngenta is part of the Syngenta Group, entirely owned by Sinochem, a Chinese state-owned enterprise. [ 2 ] Syngenta was founded in 2000 by the merger of the agrichemical businesses of Novartis and AstraZeneca , and acquired by China National Chemical Corporation (ChemChina) in 2017. [ 3 ]
HONG KONG/ZURICH (Reuters) -Syngenta Group will use the proceeds from its expected $10 billion initial public offering (IPO) to fund internal growth and an acquisition spree to snare more of the ...
A year on from Syngenta's $43 billion purchase by ChemChina, the seed and chemical giant is leveraging its new status as a Chinese company to grow its tiny share of the highly fragmented China market.
Ning was elected Chairman of the Board of Directors of Syngenta on 16 July 2018. [5] When ChemChina's chairman Ren Jianxin retired in July 2018, Ning was appointed chairman of ChemChina, while retaining his chairmanship of Sinochem Group. [6] In September 2020 he confirmed that ChemChina and Sinochem Group were
As CEO of Syngenta, one of the world’s leading agricultural companies, Jeff Rowe has to tread carefully. The chemicals Syngenta produces have helped agricultural yields grow enough in the past ...
In February 2016, ChemChina agreed to a $43 billion bid for Swiss seeds and pesticides group Syngenta, [11] the largest ever foreign purchase by a Chinese firm. [12] [11] The deal was awaiting approval by the Committee on Foreign Investment in the United States (CFIUS) and European government panels, citing food safety and security concerns.
Swiss agrichemicals and seeds group Syngenta generated double-digit growth in the second quarter ahead of the Chinese-owned company's planned flotation by year's end. Syngenta Group had increased ...
In 2020, the Syngenta merged with Sinochem and Adama to create the Syngenta Group. [19] Syngenta was accused of selling highly toxic pesticides as part of its business. [20] Fyrwald addressed this by aligning the company to digital innovation and new agricultural technologies in the combat against climate change. [21]