Agro Perspectiva

Innovative H'M seeds becomes more

29.03.2007 12:45 "Agro Perspectiva" (Kyiv) — Monsanto and BASF have signed the research agreement, called to unite efforts of these biotechnological companies on the accelerated development of innovations for the market, informs " Agrooglyad: îâî÷³ that frukti ". The agreement assumes concentration of efforts on cultures high-yielding, and also steadier by a drought and other adverse conditions. According to the official application(statement), the total budget (nearby $1,5 billion) will go on development of innovative grades of corn, soybeans, a clap(cotton) and kanoly. Cooperation will be financed on a parity basis. Thus from the general(common) profit on realization of development share Monsanto will make 60 %. Release of a debut joint product is planned in first half of next decade. " Expansion of our scientific and technical bases and an exchange of technologies should accelerate development of technologies of new generation for farmers ", — the general manager on technologies and executive vice-president Monsanto Robb Freli considers(counts). From its part representatives BASF name Monsanto " the strong partner with tremendous opportunities ". This partnership will not prevent to continue to each party(side) and own researches, which part can be useful in the further teamwork. German chemical concern BASF Aktiengesellschaft (an abbreviation " Badische Anilin — und Soda-Fabrik ") — one of the world’s largest. The headquarters is in Ludwigshafen (a southwest of the ground Rejnland-Pfalts). It is based(founded,established) on April, 6th, 1865 72 % of actions(shares) belongs institutsionalnym to investors (AXA SA — more than 5 %, Allianz AG — 2,6 %, General Capital Group — 2,1 %). The Board of directors heads YUrgen KHambrekht, the supervisory council — YUrgen SHtrube. 160 branches in the Europe, America and Asia. The concern supports(maintains) communications(connections) with 170 countries, making from above 7 thousand names of products. About 60 % of production realizes in the Europe (including 21,2 % — in Germany), 21,5 % — in the USA, 5,3 % — in South America. To Asia, Africa and the Pacific zone 15,9 % are necessary. The turn(turnover) in 2006 has made 52,61 billion euro against 42,75 billion in 2005 Net profit in 2006 has increased on 6,9 % (up to 3,22 billion euro — in comparison about 3,01 billion euro for 2005). Transnational Monsanto Company — the world(global) leader of biotechnology of plants. Basic production — H’m-seeds corn, a soya, a clap(cotton) and the herbicide most widespread in the world «Raundap». Based(founded,established) by John Frensisom Kuini in 1901 as cleanly chemical, Monsanto for last 100 years evolyutsionirovala in the concern specializing on high technologies. The first have been let out(have been released) H’m-culture: transgennaya a soya with a new attribute " Roundup Ready " (RR) and a clap(cotton) «Bollgard», steady against attack of insects. The success of similar products thus and followed them stimulated the company to be reoriented from traditional chemistry and pharmacochemistry on manufacture of hi-tech seeds. Roundup — the trade mark of herbicide under the name glifosat, invented and let out(released) Monsanto in the beginning 1970. In March-2005 the company has got the largest supplier of seeds of vegetables and fruit Seminis.