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Switzerland: Syngenta and Novozymes partner for phosphate use efficiency

Phosphorus is an essential macronutrient for the healthy growth of young plants. JumpStart is based on a unique fungus Penicillium bilaii, which increases phosphate uptake into the plant through the root system. The market potential for seed-applied technologies to increase phosphate efficiency is estimated at over $100 million.
John Atkin, COO Syngenta, said: "We are pleased to enter into this agreement with Novozymes which marks a further addition to our growing range of bioactives. Our Seed Care portfolio already offers best-in-class control of insects and disease together with crop enhancement benefits. With the addition of JumpStart, growers will now gain the added advantage of improved phosphate efficiency."
Thomas Videbæk, Executive Vice President Novozymes, commented: "Partnering with Syngenta supports our strategic goal to provide the world with natural and biological solutions to help farmers worldwide increase yields to feed the world’s growing population."
For more information please visit www.syngenta.com
Publication date: 4/25/2012

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