Syngenta Group launched
Syngenta Group, which describes itself as “a new global leader in agricultural science and innovation”, was formally launched on 18 June. Headquartered in Basel, Switzerland, it combines Syngenta itself, Israel’s Adama and the agricultural businesses of Sinochem, based in China.
The new entity has 15 production sites and 100 R&D sites, with 48,000 employees in more than 100 countries, turning over $23 billion in 2019. Erik Fyrwald, CEO of Syngenta, will remain as CEO of the group, with former Adama CEO Chen Lichtenstein as CFO. The group has four business units: