Syngenta

Syngenta
Company typePrivate
IndustryAgrobusiness, chemicals
Founded13 November 2000; 23 years ago (2000-11-13)
HeadquartersBasel, Switzerland
Area served
Worldwide
Key people
  • Jeff Rowe (CEO)
  • Hengde Qin(CFO)
Products
RevenueDecrease US$19.196 billion (2023)
Decrease US$1.081 billion (EBITDA) (2023)
OwnerSinochem
Divisions
  • Syngenta Crop Protection
  • Syngenta Seeds
Websitewww.syngenta.com Edit this at Wikidata
Footnotes / references
Financial Report 2023

Syngenta is a global agricultural technology company headquartered in Basel, Switzerland.[1] It primarily covers crop protection and seeds for farmers. 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] In 2020, the Syngenta Group was formed, bringing together Syngenta Crop Protection and Syngenta Seeds, Adama, and the agricultural business of Sinochem, now called Syngenta Group China, under a single entity.[4]

Syngenta's primary products include pesticides, selective herbicides, non-selective herbicides, fungicides, insecticides, as well as corn, soya, and biofuel. Syngenta brands include Actara (Thiamethoxam), Agrisure (corn with Viptera trait), Alto (Cyproconazole), Amistar (azoxystrobin), Avicta, Axial, Bicep II, Bravo, Callisto, Celest, Cruiser (TMX, Thiamethoxam), Dividend, Dual, Durivo, Elatus, Fusilade, Force, Golden Harvest, Gramoxone, Karate, Northrup-King (NK), Proclaim, Revus, Ridomil, Rogers, Score, Seguris, S&G, Tilt, Topik, Touchdown, Vertimec and Vibrance.

The company has been controversial, primarily due to its main business – selling toxic chemicals and the environmental impact of those chemicals – but also due to its investment in lobbying. In 2012, the company was nominated for the Public Eye Award, which denounces companies with questionable human rights practices.

  1. ^ Aaron KirchfeldAndrew Marc Noel, Patrick Winters (24 June 2014). "Monsanto Said to Have Weighed $40 Billion Syngenta Deal". Bloomberg News. Retrieved 4 June 2015.
  2. ^ "Merger of Sinochem and ChemChina, long rumored, is confirmed".
  3. ^ Colvin, Geoff (1 July 2021). "China is unloading its biggest-ever foreign acquisition". Fortune. Retrieved 23 August 2022.
  4. ^ "Syngenta: China formt den größten Agrochemie-Konzern der Welt". Handelsblatt (in German). Retrieved 4 November 2020.