DuPont will work with Chinese seed producer Origin Agritech to develop new biotech traits for China. Bloomberg reports the Chinese company is awaiting approval of corn varieties to control insects and tolerate herbicides. The two companies, in a statement, said the partnership will bring much needed new seed options for China’s farmers. DuPont’s Pioneer seed unit has operated in China for almost 20 years and is the largest multinational corn seed company in the country.
China’s President has urged the country to take the lead in developing genetically engineered crops. Syngenta could also enter the Chinese market with biotech traits once the proposed acquisition by ChemChina is final.
Source: NAFB News Service