New product launch
November 25 2003 - 2:02AM
UK Regulatory
RNS Number:4495S
Syngenta AG
25 November 2003
Media Release - Communique aux Medias - Medienmitteilung
Syngenta to launch new TOUCHDOWN(R) brands to expand market share in $1 billion
US glyphosate market
Basel, Switzerland, November 25, 2003
Syngenta today announced plans to launch two new TOUCHDOWN(R) herbicide products
in the USA for the 2004 season - Touchdown TotalTM and Touchdown HitechTM. These
products will complement the established Touchdown IQTM and Touchdown(R) CF
offer.
Touchdown TotalTM is a glyphosate herbicide product containing IQ Technology. It
is targeted mainly for glyphosate-tolerant crops and will be labeled for use in
soybeans, cotton and corn, in addition to pre-emergence treatments in
conservation tillage systems.
Touchdown HitechTM is a highly concentrated glyphosate product designed mainly
for markets where customers use their own additives, and to penetrate dense
foliage.
These new glyphosate-based herbicides have been developed as novel formulations
to better meet the needs of specific markets. They will be used for
herbicide-tolerant systems, no-till weed control, clearing fallow land and
applications in the tree, nut and vine markets.
Mike Mack, President of Syngenta Crop Protection for North America said: "The
glyphosate herbicide market in the US is a significant opportunity for Syngenta
across all major crops. Syngenta is further strengthening its leading product
portfolio by offering additional Touchdown(R) herbicides that are tailored to
meet important needs of growers".
Touchdown TotalTM was registered by the U.S. Environmental Protection Agency
(EPA) in November 2003. Registration of Touchdown HitechTM is expected in the
first quarter of 2004.
Syngenta is a world-leading agribusiness committed to sustainable agriculture
through innovative research and technology. The company is a leader in crop
protection and ranks third in the high-value commercial seeds market. Sales in
2002 were approximately US $6.2 billion. Syngenta employs some 20,000 people in
over 90 countries. Syngenta is listed on the Swiss stock exchange (SYNN) and in
London (SYA), New York (SYT) and Stockholm (SYN). Further information is
available at www.syngenta.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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