FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of February 2006
Commission File Number: 001-15152
SYNGENTA AG
(Translation of registrants name
into English)
Schwarzwaldallee 215
4058 Basel
Switzerland
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F X | Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes | No X |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes | No X |
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes | No X |
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
Re: | SYNGENTA AG |
Press Release: Syngenta and DuPont announce crop protection technology exchange |
Filed herewith is a press release related to Syngenta AG. The full text of the press release follows:
# # #
Syngenta International
AG Media Office CH-4002 Basel Switzerland Telephone: +41 61 323 23 23 Fax: +41 61 323 24 24 www.syngenta.com |
|
Media Release
Syngenta and DuPont announce crop protection technology exchange
Basel, Switzerland and Wilmington, Delaware, USA, 23 February 2006
Syngenta and DuPont today announced an agreement that will broaden each companys crop protection product offer.
- Syngenta acquires an exclusive worldwide license to develop DuPonts new insecticide Rynaxypyr in mixtures with its own leading insect control products. Rynaxypyr is a chemical of the bisamide class characterized by unique systemic properties and outstanding activity on all major lepidoptera pests. DuPont will continue its commercialization plan for straight Rynaxypyr.
- DuPont Crop Protection acquires worldwide rights to Syngentas strobilurin fungicide picoxystrobin, sold as Acanto®, including access to companion products used in mixtures. Acanto® is currently marketed in Europe on cereals and will be expanded for use on soybeans in Latin America.
The transactions are subject to certain national regulatory approvals. Financial terms were not disclosed.
John Atkin, Chief Operating Officer, Syngenta Crop Protection, said: This agreement gives Syngenta access to a novel class of chemistry that will set new standards in lepidoptera control. Combinations of Rynaxypyr with our modern insecticides will provide new broad-spectrum solutions in the global insecticide market estimated at around $7 billion. First launches are targeted for 2009. We shall continue to expand our industry-leading position in fungicides led by Amistar® and its range of combination products.
James C. Collins, Vice President and General Manager of DuPont Crop Protection, commented: These agreements further enhance our position in the global fungicide market estimated at around $ 7 billion. With picoxystrobin, DuPont fills a gap and gains access to major fungicide customers and markets in the EU, Latin America and later in the United States. In insecticides, the agreement we have reached with Syngenta will allow us to expand and accelerate the market potential for our new cutting edge technology.
Syngenta 23 February 2006 / Page 1 of 2
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 2005 were approximately $8.1 billion. Syngenta employs more than 19,000 people in over 90 countries. Syngenta is listed on the Swiss stock exchange (SYNN) and in New York (SYT). Further information is available at www.syngenta.com.
DuPont is a science company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.
Syngenta Media: Switzerland: Guy Wolff Tel: +41 (61) 323 2323 USA: Sarah Hull Tel: +1 (202) 628 2372 UK: Andrew Coker Tel: +44 (1483) 26 0014 Syngenta Analysts: Switzerland: Jonathan Seabrook Tel: +41 (61) 323 7502 Jennifer Gough Tel: +41 (61) 323 5059 USA: Rhonda Chiger Tel: +1 (917) 322 2569 DuPont Media: USA: Gabrielle King Tel: +1 (302) 999 5393 DuPont Analysts: USA: David Peet Tel: +1 (302) 774 1125
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.
Syngenta 23 February 2006 / page 2 of 2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SYNGENTA AG | ||||
Date: | February 23, 2006 | By: | /s/ Christoph Mäder | |
Name: | Christoph Mäder | |||
Title: | Head Global Legal & Taxes | |||
By: | /s/ Damian Heller | |||
Name: | Damian Heller | |||
Title: | Company Secretary | |||