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BASF renounces GMOs in Europe
Germany
Wednesday 18 January 2012
MD
The German giant BASF has abandoned the development and commercialisation of new GM products for the European Union.
BASF has abandoned the development and marketing of all GM projects for the European market.
BASF threw in the towel following the protests of consumers, farmers and some politicians. BASF has stopped its projects for GM varieties of wheat and potatoes such Amflora, Amadea, Fortuna, Moden aimed at the starch industry and paper industry. Approved in Europe in 2010, Amflora is grown in Germany, Sweden
and the Czech Republic on surfaces totaling 300 hectares.
BASF plans to close two of its sites in Germany and Sweden and to relocate a U.S.. The group will focus on North America, Latin America and Asia. BASF estimates that the market of GMOs is promising and is expected to reach $50 billion in 2025 while representing only 30 billion today.
BASF plans to close two of its sites in Germany and Sweden and to relocate a U.S.. The group will focus on North America, Latin America and Asia. BASF estimates that the market of GMOs is promising and is expected to reach $50 billion in 2025 while representing only 30 billion today.
source : les echos com, romandie, rtbe
