Syngenta to invest 3 bln rubles in Russian seed plant
2012-10-18 10:27:47
Swiss company Syngenta AG plans to build a seed and plant protection plant in Krasnodar territory.
LLC Syngenta,the Russian subsidiary,said in a press release that the company signed an agreement of intent to invest over 3 billion rubles in the plant.
The company plans to launch seed production in 2015 and plant protection products in 2016. However,the terms will depend on investment decisions and the obtainment of all the necessary permits and licenses.