In Switzerland, the Board of Syngenta confirmed that it has received an unsolicited proposal from Monsanto to acquire the company at a price of $45 billion (CHF449 per Syngenta share) with approximately 45 percent in cash. Reporting on the proposed acquisition has sugested that key Syngenta shareholders would back a deal which valued Syngenta at […]
In Minnesota, Syngenta has announced that Quad County Corn Processors (QCCP) has produced its one millionth gallon of cellulosic ethanol using Cellerate process technology at its Galva, Iowa, ethanol production facility. This milestone puts QCCP on track to produce 2 million gallons of cellulosic ethanol per year. Cellerate can help ethanol plants increase production by […]
In Minnesota, Syngenta has signed a trial agreement with Pacific Ethanol to begin using Enogen at the company’s 40 million gallon per year ethanol plant in Madera, California. The company will adopt the technology following the 2015 harvest. Enogen corn enzyme technology offers ethanol plants an alternative to traditional liquid alpha amylase by providing the […]
In Minnesota, Syngenta announced that it has signed a commercial agreement with Southwest Iowa Renewable Energy(SIRE) to begin using Enogen corn enzyme technology at its Council Bluffs, Iowa, ethanol production facility following the 2015 harvest. SIRE is the third Iowa plant to sign such an agreement. SIRE is located on 275 acres in Council Bluffs, Iowa, operating a […]
In Minnesota, Syngenta has introduced its Enogen Value Tracker, a new tool for its corn growers to simplify grain tracking. Beginning this year, the Enogen Value Tracker – a naturally derived, non-GMO purple tracer trait – will be included in select bags of Enogen hybrids. Syngenta intends to include the Enogen Value Tracker in all […]
As earnings season begins for Q4 2014, Green Plains EBITDA jumps 42%, cash in hand jumps to $453 million Green Plains In Nebraska, Green Plains announced net income for the quarter was $42.2 million compared to net income of $25.5 million for the same period in 2013. Revenues were $829.9 million for the fourth quarter […]
In Washington, Quad County Corn Processors and Syngenta have joined the Advanced Ethanol Council. The two companies are currently engaged in a joint venture to develop, license and deploy Cellerate — a “bolt on” cellulosic ethanol process technology easily integrated into existing corn ethanol production processes. The integration of this technology into QCCP’s 35 million […]
In Switzerland, Syngenta has announced that it has received the safety certificate for its Agrisure Viptera trait (event MIR162) from China’s regulatory authorities, formally granting import approval. The approval covers corn grain and processing byproducts, such as dried distillers grains, for food and feed use.
In Minnesota, Enogen, from Syngenta, has been honored as Agri Marketing Magazine’s 2014 Product of the Year. Lynn Henderson, publisher of Agri Marketing, said that the product was chosen because of the benefits it delivers to farmers, ethanol plants and rural communities. “Nominations are judged on criteria that include sales and marketing goals, competitive pressure […]
In China, approval of Syngenta’s GMO corn is expected in the coming days. Beijing has blocked the import of the corn, including the DDGS produced from the corn as a byproduct of ethanol production, which has led to a steep loss in demand and therefore prices for DDGS. The North American Export Grain Association says […]
