BASEL, Switzerland, Oct. 31 /PRNewswire-FirstCall/ -- Today at the 2005
British Crop Protection Congress (BCPC), Syngenta presented its new fungicide
active ingredient to agricultural experts. Mandipropamid, developed under the
code 446, controls late blight in potatoes and tomatoes as well as downy
mildew in vines and a number of vegetable crops.
Mandipropamid, the first derivative of the chemical class of mandelamide
fungicides, sets a new standard in performance: locking rapidly and tightly to
the leaf's waxy layer, it provides a highly effective, weatherproof and
long-lasting barrier to diseases.
"Mandipropamid is a significant innovation. This new technology further
strengthens our leading fungicide portfolio, which offers growers a complete
range of solutions to control plant disease," said John Atkin, Chief Operating
Officer, Syngenta Crop Protection. "Mandipropamid is one of eight new crop
protection products planned for launch by 2012."
Mandipropamid is scheduled for launch in 2007 and will be offered as
single formulation as well as in spray programs with other Syngenta brands,
including Ridomil Gold(R), Shirlan(R), Quadris Max(R) and Bravo(R). This new
compound will be marketed globally and peak sales are expected to exceed $100
million annually.
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 2004 were approximately $7.3 billion. Syngenta employs some
20,000 people in over 90 countries. Syngenta is listed on the Swiss stock
exchange (SYNN) and in New York (NYSE: SYT). Further information is available
at http://www.syngenta.com .
Media Enquiries: Switzerland: Guy Wolff Tel: +41 (61) 323 2323
USA: Sarah Hull Tel: +1 (202) 628 2372
UK: Andrew Coker Tel: +44 (1483) 26 0014
Analysts/
Investors: Switzerland: Jonathan Seabrook
Tel: +41 (61) 323 7502
Jennifer Gough
Tel: +41 (61) 323 5059
USA: Rhonda Chiger
Tel: +1 (917) 322 2569
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 therefor.
SOURCE Syngenta International AG
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Related links: http://www.syngenta.com
CONTACT: Media Enquiries: Guy Wolff, Switzerland, +41-61-323-2323, or Sarah Hull, USA, +1-202-628-2372, Andrew Coker, UK, +44-1483-26-0014, Analysts/Investors: Jonathan Seabrook, Switzerland, +41-61-323-7502, or Jennifer Gough, Switzerland, +41-61-323-5059, or Rhonda Chiger, USA, +1-917-322-2569
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