Bayer to feed more cash into crops business

Bains, Elizabeth
April 2007
ICIS Chemical Business;4/2/2007, Vol. 2 Issue 60, p6
Trade Publication
The article reports on the plan by Bayer CropScience Co. to expand its agrochemical business in China. The company plans to grow its agrochemical activities in China, aiming to lift its annual sales in the country by $47 million to reach more than €100 million. It will invest €25 million in the next two years to expand its crop protection products site in Hangzhou. It also intends to set up two joint ventures with Chinese partners to strengthen its hybrid rice seed business.


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