Syngenta Ramps up Crop Production with $240m Investment

04 Oct 2016 --- Syngenta has completed its $240m expansion project across three key sites, as it looks to ramp up its crop production capacity. Syngenta has invested $240m in two plants in Brazil and one in Switzerland.

Mark Peacock, Syngenta Head of Global Operations, said: “With these investments in production capacity expansion, we confirm our long-term commitment to agricultural development and to bringing winning innovation into the hands of growers.”

It has expanded its corn seed factory in Goias, Brazil, lifting its production capacity from 400,000 to 1.6 million bags of corn a year.

Additionally, it has also invested in a new Elatus fungicide plant in Sao Paulo, which is the first in Latin America to use Pepite technology, which Syngenta believes is a major break-through in crop-protection chemistry. 

Sales of Elatus were over $400m in Latin America last year.

It has also invested in its plant in Kaisten, Switzerland, which has boosted capacity of the herbicide S-Metolachlor, which is used to manage weeds that are increasingly difficult to control in a number of crops, notably corn and soybean.