India's Largest Database on New Projects
Syngenta invests in expanded biotech research
26 May 2011: Syngenta plans to invest $71 million (approx Rs 319.5 crore) in building a new biotechnology research facility next to its existing research campus in North Carolina.
At the new research site, Syngenta will expand its focus to other crops such as sugar cane, cereals, rice and vegetables. It also cited specific traits that it intends to work on, including those for better tolerance of climatic variability, drought resistance, better crop productivity, and plant performance.
Construction of the new state-of-the-art facility at its Research Triangle Park site is due to begin by end-May 2011 and is expected to be fully operational by the second half of 2012. In addition to research laboratories, the plant will also include specific growth environments, such as climate-controlled greenhouses and precision growth chambers, the company said.
Source: Foodnavigator