Deliver Your News to the World

Syngenta and Makhteshim Agan supply agreement


Basel, Switzerland

* Syngenta to supply Makhteshim Agan with azoxystrobin
* Capacity expansion responding to growth in demand
* Leveraging low cost production

Syngenta and Makhteshim Agan today announced a long term agreement under which Syngenta will supply Makhteshim Agan with its fungicide azoxystrobin. The agreement will offer growers a wider choice of solutions through the distribution channels of both companies.

Syngenta will continue to expand the sales of its azoxystrobin based fungicide solutions while Makhteshim Agan will develop and commercialize its own range of products based on azoxystrobin, mainly in mixtures with its existing fungicide portfolio.

“Azoxystrobin plays a critical role in responding to growing food demand by increasing the yield and quality of grain, vegetable and fruit crops around the world,” said John Atkin, Syngenta Chief Operating Officer Crop Protection. “Last year we announced a capacity expansion program for azoxystrobin anticipating further growth in our unique fungicide solutions and also potential demand from third parties. The outlook for the development of our own portfolio is strong and this agreement will enable us further to leverage our outstanding low cost production.”

The active ingredient azoxystrobin, developed by Syngenta, is the world’s best selling fungicide. Azoxystrobin, which belongs to the strobilurin chemical group, has a broad spectrum of fungicidal activity and is now registered for use on approximately 120 different crops in some 100 countries.

Financial terms of the agreement have not been disclosed.

Syngenta is one of the world’s leading companies with more than 24,000 employees in over 90 countries dedicated to our purpose: Bringing plant potential to life. Through world-class science, global reach and commitment to our customers we help to increase crop productivity, protect the environment and improve health and quality of life. For more information about us please go to or

Syngenta Cautionary Statement Regarding Forward-Looking Statements

This document contains forward-looking statements, which can be identified by terminology such as ’expect’, ’would’, ’will’, ’potential’, ’plans’, ’prospects’, ’estimated’, ’aiming’, ’on track’ and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. We refer you to Syngenta’s publicly available filings with the U.S. Securities and Exchange Commission for information about these and other risks and uncertainties. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. This document does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer, to purchase or subscribe for any ordinary shares in Syngenta AG, or Syngenta ADSs, nor shall it form the basis of, or be relied on in connection with, any contract therefore.


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.