Posted June 28, 2017
Chinese state player wants to double the size of the Swiss agrochemical giant. Swiss agrochemical giant Syngenta said on Tuesday it is now officially owned by the state-owned China National Chemical, or ChemChina. ChemChina Chairman Ren Jianxin, who has been elected Syngenta’s chairman, said in a recent interview with The Nikkei that “our aspiration is to create another Syngenta … and double [its size] in the next 5-10 years.” Read more.