BASF gets Brazilian nod for soy, first GMO product

BASF tries to win 20 pct of Brazil's 65 mln t soy market - Approval marks BASF's first GM seed coming to market

February 6, 2010

BASF, the world's largest chemicals group, won approval for the cultivation of a genetically modified soy variety in Brazil, its debut in the GM-seed market.

A top executive told Reuters on Friday that the German company, which has annual sales of about 3.6 billion euros ($5 billion) from crop products, aims to win 10 to 20 percent of the soy acreage in Brazil, the second-largest soy producer after the United States...

Source: BASF gets Brazilian nod for soy, first GMO product

Link: IN: Stop Genetic contamination

URL: http://www.vegan2050.org/index.php?id=52921
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Source: EVANA