Monsanto launches technological platform to develop corn geoplasma and improve its attributesPublished: March 15, 2010
Monsanto, the world leader in agricultural biotechnology, officially launched a technology platform that will research and develop corn crops with specific characteristics, such as resistance to pests or extreme weather conditions.
Supported by CORFO's InvestChile program, Monsanto will deploy an unprecedent project that will enhance R&D added value for corn and will be a genuine source of employment.
Based on the global context of permanent growth of world population and hence demand for food and energy, the company will develop a technology platform in Chile for R&D activities in areas such as biotechnology, and regulatory issues related to genetic improvements increasing drought resistance and yield potential in maize production. This will generate skills that nowadays lacking.
With this new plant, Monsanto can continue with what is considered sustainable agriculture, where great opportunities are projected for the country as a global provider of better quality food and seeds, helping Chile to become an agriculture and forestry power worldwide.
About MonsantoFounded in 1906, today this company has been transformed into "life sciences" based on biology and biotechnology as a source of new products and services. Monsanto is currently the most prominent biotechnology company in terms of trade in manufacturing seed production globally and employs over 22,000 people worldwide.
Its main activity is the development of transgenic crops, which sells directly or through licenses to other firms in the industry. Furthermore, it develops, produces and sells seed crops such as corn, soybeans, cotton, canola, sorghum and many horticultural species including lettuce, tomatoes, melons and onions among others.
Among its products, is worth highlighting the round-up herbicide, which is the most successful in the history of weed control in agriculture.
In Chile, Monsanto is headquartered in Santiago and has also five other establishments: experimental and development of crops and vegetables, located in the towns of: Melipilla, Viluco, Temuco and Rancagua.