FORM 6-K |
SECURITIES AND EXCHANGE COMMISSION |
Washington, D.C. 20549 |
Report of Foreign Issuer |
Pursuant to Rule 13a-16 or 15d-16 |
of the Securities Exchange Act of 1934 |
For the month of January 2007 |
Commission File Number: 001-15152 |
SYNGENTA AG |
(Translation of registrants name into English) |
Schwarzwaldallee 215 |
4058 Basel |
Switzerland |
(Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F X | Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes | No X |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes | No X |
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
Yes | No X |
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
Re: | SYNGENTA AG | |
Press Release: | Syngenta and Diversa agree on new R&D partnership to discover enzymes for biofuels |
Filed herewith is a press release related to Syngenta AG. The full text of the press release follows:
# # #
Item 1 | |||
Syngenta International AG Media Office CH-4002 Basel Switzerland Telephone: +41 61 323 23 23 Fax: +41 61 323 24 24 www.syngenta.com |
Joint Media Release |
Syngenta and Diversa agree on new R&D partnership to discover enzymes for biofuels
Basel, Switzerland and San Diego, California, United States January 8, 2007
Syngenta and Diversa Corporation announced today a new 10-year research and development partnership focused on the discovery and development of a range of novel enzymes to convert pre-treated cellulosic biomass economically to mixed sugars a critical step in the process of biofuel production.
The new agreement allows Diversa to independently develop and commercialize fermentation-based enzyme combinations from its proprietary platform. Syngenta will have exclusive access to enzymes from Diversas platform to express in plants for enhanced cost-effective production.
Converting biomass to biofuels requires breakthrough developments in three areas: chemical preparation of the cellulosic biomass (pre-treatment), conversion of pre-treated cellulosic biomass to fermentable sugars by combinations of enzymes (saccharification), and the development of novel micro-organisms to ferment the sugars to ethanol or other fuels (fermentation). Developing cost-effective enzyme systems is essential to economically converting biomass to biofuels.
Under the terms of the new agreement, which replaces the companies prior agreement, Syngenta will pay Diversa $16 million of guaranteed research funding in the first two years. Diversa is eligible to receive certain milestone and royalty payments aligned to product development success.
We are pleased to have reached this agreement with Diversa, said David Jones, Syngenta Executive Committee member. Diversa has the best inventive capability for truly novel enzymes, and Syngenta has demonstrated its ability to express enzymes cost-effectively in plants. We expect high-value products from this partnership in a market of exciting potential.
We are pleased with the refocus of our collaboration with Syngenta, a world leading agri-business, commented Edward Shonsey, Diversas Chief Executive Officer. This agreement creates a highly-focused collaboration to move further into the biofuel market through plant expression in a complementary manner. In addition, this agreement frees Diversa to pursue attractive opportunities for integrated commercialization of biofuels, particularly from cellulosic biomass. We look forward to sharing further news of our independent initiatives in this area in the near future.
Syngenta/ Diversa January
8, 2007 / Page 1 of 2
About Syngenta
Syngenta
is a world-leading agribusiness committed to sustainable agriculture through
innovative research and technology. The company is a leader in crop protection,
and ranks third in the high-value commercial seeds market. Sales in 2005
were approximately $8.1 billion.
Syngenta employs more than 19,000 people in over 90 countries. Syngenta is
listed on the Swiss stock exchange (SYNN) and in New York (NYSE: SYN). Further
information is available at www.syngenta.com.
About Diversa
Since
1994, San Diegobased
Diversa Corporation (NASDAQ: DVSA) has pioneered the development of high-performance
specialty enzymes. The Company possesses the worlds broadest array
of enzymes derived from bio-diverse environments as well as patented DirectEvolution® technologies.
Diversa customizes enzymes for manufacturers within the alternative fuel,
industrial, and health and nutrition markets to enable higher throughput,
lower costs, and improved environmental outcomes. For more information, please
visit www.diversa.com.
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Contacts:
Syngenta | ||||
Media Enquiries: | Médard Schoenmaeckers (Switzerland) | +41 61 323 2323 | ||
Sarah Hull (US) | +1 202 628 2372 | |||
Analysts/Investors: | Jonathan Seabrook | +41 61 323 7502 | ||
+1 202 737 6520 | ||||
Jennifer Gough | +41 61 323 5059 | |||
+1 202 737 6521 | ||||
Diversa | ||||
Investors | Wendy Kelley | +1 858 526 5437 |
Forward-Looking
Statements |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SYNGENTA AG | ||||
Date: | January 9, 2007 | By: | /s/ Damian Heller | |
Name: | Damian Heller | |||
Title: | Senior Corporate Counsel |