Nov. 3, 2014
Syngenta has inaugurated seed care research facility in the city of Pergamino, Argentina. The goal is to double the revenues stemmed from the seed market in the next three years in this region, which currently is around $350 million.
Covering 610 square meters in the Pergamino industrial park, this facility is the first seed care center in Argentina, and the second in South America. The other one is in the city of Holambra, Brazil, which has cost $4 million, plus $1 million to expand the laboratory of quality analysis. According to Fabián Quiroga, seeds treatment director at Sygenta in Latin America, the company also plans to open seed care facility in Mexico by January of 2015. The total strategy involves investments of $15 million on infrastructure and machinery in Latin America.
"We decided to specialize each unity by crop. In Brazil, the unity is for soybean. In Argentina, the speciality is corn. In Mexico, it is rice," said Quiroga. According to him, the treated soybean seeds offer jumped from 1.1 million bushels in 2010 to 12.2 million bushels this year, and Syngenta has 55% of this volume.
Antonio Aracre, regional director of Syngenta in Latin America, said that "the growing seeds treatment business in recent years is pushed by a higher demand for seeds. This investment will speed up our innovation and supports our ambition to be the leader in this sector".
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