Syngenta Philippines recently has set up its $8 million corn-seed processing plant, the first plant in Asia Pacific, in Binalonan, Pangasinan. The plant has capacity of processing 2,000 metric tonnes corn seeds annually, with fully automated seed conditioning, shelling, sorting, drying and quality control. It is believed to bring high quality seeds and contribute stable supply and prices.
"The reason (putting up the Pangasinan corn processing plant in) is that we have great cooperation in the Philippines with the regulatory authorities, and we believe that the Philippine agricultural policies are very progressive because it is the only country (in the Asia-Pacific region) that has deregulated genetically modified (GM) commercialized corn," Said Peter Pickering, region head for seeds of Syngenta Asia Pacific Pte. Ltd.
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