Bayer CropScience to invest EUR12 mn in Australian breeding center
By CnAgri2012-08-08 17:06:26 Print Bayer CropScience plans to establish a new breeding center in the Wimmera region, near Horsham (Victoria, Australia), focused on wheat and oilseeds. The company plans to invest around EUR 12 million (AUD 14 million) for the new station in Western Victoria. The target is the development of new varieties with higher yields and productivity improvements tailored to Australian conditions. Bayer’s breeding activities for wheat and oilseeds in Australia will also be coordinated from the new center. A long term rental agreement for land on which to build the laboratory and glasshouse facilities have been agreed with Longerenong College and Workco Ltd. Up to 20 full-time employees will work at the center in the future."With the demand for wheat and oilseeds growing worldwide, we drive our efforts towards producing new high-yielding varieties that are better able to withstand pests, diseases and able to thrive under environmental stresses like drought," said Dr. Mathias Kremer, Head of the BioScience business unit at Bayer CropScience. "We are convinced we can help make wheat and oilseeds farmers in Australia and beyond more productive and sustainable and thus contribute towards feeding this hungry planet." Australia is one of the largest exporters of agricultural products and ranks as the 3rd largest exporter for wheat and the 2nd largest for oilseeds.
Deputy Premier and Minister for Regional and Rural Development in Victoria, Peter Ryan, announced that the Coalition Government would provide AUD 1.2 million to upgrade road access to the facility. The provision of safe all-weather access to the Longerenong site will consolidate the partnership between Bayer CropScience, Longerenong College, the Victorian Government and Horsham Rural City, which contributed AUD 100,000 to the project.
Construction of the new breeding center will commence in the coming months with first local breeding programs expected to yield results for Australian farmers within the decade.
Global network of breeding stations to develop solutions adapted to local needs
The new breeding station contributes to Bayer CropScience's global network of wheat and oilseeds breeding stations situated in the heart of key markets through North America and Europe, with further expansion especially for wheat planned in Asia and Latin America in the medium term.
In addition to extending its breeding excellence, Bayer CropScience is also proud of its network of alliances with leading international research institutions, especially CSIRO in Australia and Evogene in Israel. These partnerships accelerate the ability to develop new varieties by applying the latest advancements in plant biotechnology to research and breeding in Bayer CropScience´s key crops.
- Explore Realted News »
- Bayer Animal Health Helps Swine Producers Feed World
- Bayer inaugurates new labs for vegetable breeding research
- Bayer to acquire Abbott & Cobb to strengthen vegetable business
- Pioneer, Bayer entered seed treatment fungicide agreement
- Bayer seed meeting reveals future plans
- Explore Realted Reports »
- China Dairy Industry Investment Research Report
- China Pesticide Industry Investment Research Report
- China Fertilizer Industry Investment Research Report
- Investment Research Report on China’s UREA Industry in 2011-2020
- Analysis Report on Investment in Quality Pasture Grass Planting Industry in China
Recommended Reports »
- Annual Report on China’s Aquatic Product Market and Trade in 2012/2013
- Outline of China’s Feed Microecologics Market Research Report
- Research Report on China’s Veterinary Active Pharmaceutical Ingredient and Chemical Preparation Industry
- Research Report on China’s Middle and High End Pork Market Competition
- Report on China’s Tailored Flour Industry
- Report on China Feed Enzyme Preparation Market
- Investment Research Report on China Animal Aquatic Products Industry
- Research Report on China’s Corn Seed Industry
- Report on China’s Mutton Sheep Industry
- China’s Whey Products Market Research Report
Most Popular »
- Rice Production and Paddy ...
- Analysis on Import of Infa...
- World food prices jumped 10% in July
- Dairy: Production of Raw M...
- Asian Largest Sugar Refiner...
- Output Prediction of Fruit and Vegetable
- China's Wheat plant and Ba...
- Benzoic Acid Exports By Month
- Soybean price and soybean ...
- Average Price of Yellow Phosphorus in China
- Baby Formula Milk Powder C...
- UREA market wholesale price...
- Garlic Price May Decrease in Late 2012 in China