Miller Magazine Issue: 154 October 2022
50 MILLER / OCTOBER 2022 NEWS Syngenta Seedcare to become the exclusive commercialization distributor of Bioceres’s biological seed treatment solutions globally. The agreement brings together the world’s leading seed treatment business with a leader in biological crop productivity solutions. Customers seeking cutting-edge biolog- ical seed treatment solutions will benefit from a global commercial and R&D collabo- ration announced between Syngenta Crop Protection’s Seedcare business and Bio- ceres Crop Solutions, a leader in biological crop productivity solutions. Bioceres is a key provider of biological in- oculants, including rhizobia bacteria, which improve crop nutrition and support plant growth. This seed-applied solution helps crops, such as soybean, capture nitrogen from the atmosphere and significantly re- duces the need for nitrogen fertilizers – sup- porting regenerative agriculture. Biological seed treatment products such as inoculants, biocontrols and biostimulants are based on microorganisms, their metabolites, plant ex- tracts and other naturally occurring materi- als. The global biologicals seeds treatment market is projected to grow from $0.6bn in 2020 to $1.6bn by 2030. The collaboration between Bioceres and Syngenta builds on a successful commer- cial partnership of more than 20 years in Argentina. Under the agreement, Syngenta Seedcare will become the exclusive global commercialization distributor for Bioceres’ biological seed treatment solutions, except in Argentina where they will continue to collaborate under the existing framework. Under the long-term R&D collaboration, the companies will jointly undertake the devel- opment of new products while accelerating the registration of products already in the pipeline. Jonathan Brown, Global Head of Syn- genta Seedcare said, “The agreement with Bioceres furthers our strategy to provide growers with more complementary choices to manage pest resistance and im- prove crop health. We draw strengths from our longstanding relationship with Bioceres and are fully committed to provid- ing growers with more sustainable innovations to further im- prove seed health.” “This announcement shows the value of our commercial offerings and R&D capabilities, and greatly expands and ac- celerates our ability to reach more growers through the glob- al reach of Syngenta Seedcare,” said Chief Executive Officer of Bioceres Federico Trucco. “Biological products play an important role in offering growers new solutions to increase crop yields while reducing agriculture’s environmental foot- print. We believe this collaboration with Syngenta will allow us both to advance those goals more rapidly in a time of sig- nificant global need for new solutions.” Syngenta Seedcare and Bioceres will expand their coop- eration in key markets such as Brazil and China, as well as in other regions around the world. Implementation of the agree- ment will be subject to regulatory clearances. Syngenta and Bioceres to collaborate on seed treatments
Made with FlippingBook
RkJQdWJsaXNoZXIy NTMxMzIx