China’s Purchase of Sygenta Approved by U.S. and EU

Regulators in both the U.S. and European Union have tentatively approved the purchase of Swiss-owned Syngenta AG by a Chinese conglomerate if it “sells some businesses to satisfy anti-monopoly objections.” According to a report by CNBC, ChemChina and Syngenta have “agreed to sell businesses that make an herbicide, a pesticide and a fungicide for which …their combined large market shares would cause ‘significant competitive harm.’”

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Zion Research Predicts Global Plant Growth Regulation Market of $6.4 Bn by 2020

A new report by Zion Research predicts the plant growth regulator market, which was valued at $3.5 Bn in 2014, will grow 8.2 percent to $6.4 Bn in 2020. Zion reports that the use of cotton in the textile industry, the strong demand for protein synthesis in plants and herbal plant production will drive the auxin, gibberellin and cytokinin segments respectively. The report predicts that the Asia Pacific region will experience significant growth during this time period, as will North America.

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Regulating the Growth of Trailing Verbena

Dr. Joyce Latimer, Professor of Horticulture at Virginia Tech, has published an article in Floral Daily that summarizes the findings of her research group concerning the use of the branching enhancer, Configure and the plant growth retardant, Concise, on ’Homestead Red Carpet’ and ‘Homestead Purple’ trailing verbena.

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New Biostimulant Reduces Sun Stress

Marrone Bio Innovations, Inc. has released Haven Anti-transpirant for use on fruit, nut and vegetable crops, including corn, wheat and turf. The compound is designed to reduce excessive transpiration from plant leaves caused by excessive sunlight or drought. Haven reflects light and heat, allowing the plant to stay cool, thus reducing excessive transpiration that can stress the crop. Haven does not leave a visible deposit or residue on the crop.

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