Save Out Seeds Nachricht
09.04.2005 | permalink
USDA fines Syngenta 375.000 $ - company is happy
Syngenta agreed happily to a settlement with the United States Department of Agriculture to pay a 375.000$ fine and a requirement that Syngenta sponsor a compliance training conference. Wall Street reacted positively to its shares. Syngenta says it believes that the problem began with an inadvertent switching of the two types of corn seed by its researchers in the United States in the mid-1990`s when some Bt 10 seeds were probably mislabeled as Bt 11. The US Environment Agency, investigating the case, could impose additional fines.An EU official was quoted as saying, "The Commission is reflecting about possible action such as a temporary suspension of imports of corn gluten feed." and: "We have again emphasised to Syngenta we must have a detection method ... before next Tuesday."<a href="http://www.mysan.de/article74255.html">PR Newswire</a></p><p><a href="http://www.syngenta.com/en/media/article.aspx?pr=040805&Lang=en">Syngenta : Syngenta agrees settlement with USDA on unintended Bt10 corn</a></p><p><a href="http://www.nytimes.com/2005/04/09/business/worldbusiness/09syngenta.html?">NYT: U.S. Fines Swiss Company Over Sale of Altered Seed</a>