Syngenta receives award for beet development

By | November 03, 2008
Switzerland-based agribusiness company Syngenta AG has been recognized for its work in developing a sugar beet variety than can be grown in tropical conditions. Syngenta received the World Business and Development Award because its new beet variety can be grown for sugar and ethanol production with significant advantages for farmers and the environment. The sugar beets require less water than sugarcane and grow faster, allowing farmers to grow a second crop every year. Syngenta spent 11 years developing the tropical sugar beet variety, which it first introduced in India in 2007. The company is conducting adaption trials in many countries. The award was presented by the United Nations Development Program, the International Chamber of Commerce and the International Business Leaders Forum.