www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Syngenta faces 2nd lawsuit over GMO corn rejected by China

(Agencies) Updated: 2014-09-17 10:23
Syngenta faces 2nd lawsuit over GMO corn rejected by China

The logo of Swiss agrochemicals maker Syngenta is seen in front of a cornfield near the company's plant in Stein near Basel Sept 18, 2012. [Photo/Agencies]

A second company has sued Syngenta AG over sales of genetically modified corn seed not approved by China, raising the stakes for the Swiss-based seed maker by including byproducts used for animal feed in its complaint and seeking class-action status.

Trans Coastal Supply Co, a major exporter of livestock feed products, said in court documents it expects to lose more than $41 million because Syngenta sold Agrisure Viptera corn seed, known as MIR 162, to US farmers without first obtaining import approval from Beijing.

On Friday, international trader Cargill Inc charged in a lawsuit that Syngenta exposed the agribusiness company to more than $90 million in losses by selling the trait in corn seed without China's approval for imports.

Syngenta faces 2nd lawsuit over GMO corn rejected by China 

China rejects US GM corn shipment 

Syngenta faces 2nd lawsuit over GMO corn rejected by China
Corn futures prices skyrocket to 3-year high
China, a major buyer of US grains, has rejected boatloads of US crops containing the variety over the past year.

The majority of Illinois-based Trans Coastal's losses are related to exports of an ethanol byproduct called distillers dried grains (DDGs), used in livestock feed, according to court documents filed on Friday in federal court in Urbana, Ill.

Cargill said its losses were linked to rejections of US corn.

Syngenta spokesman Paul Minehart said the lawsuits filed by both companies are without merit.

Trans Coastal's complaint highlights traders' concerns that MIR 162 can be found throughout the US corn supply chain - from seed planted in farmers' fields to the byproduct of ethanol production.

Syngenta invested about $200 million and five to seven years developing MIR 162 corn and "selfishly" decided to rush it to market without obtaining China's approval for imports in a bid to recoup its costs, the lawsuit states. The trait represents about 25 percent of the Swiss-based seed maker's corn portfolio, according to court documents.

"Syngenta's motivation in prematurely releasing Viptera corn is greed," Trans Coastal's lawsuit says. "If not stopped, Syngenta is going to continue to destroy US exports of corn and DDGs to China."

China, the world's largest buyer of DDGs, has stopped issuing permits for imports of the protein-rich byproduct because of concerns it might contain MIR 162, hurting US prices, according to traders.

The case is Trans Coastal Supply Company vs. Syngenta AG et al, US District Court, Central District of Illinois, No 14-2221.

 

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 欧美成人免费观看bbb | 99欧美视频| 亚洲成人黄色片 | 日韩在线 中文字幕 | 亚洲欧美韩国 | 成人影院欧美大片免费看 | 欧美成性色 | 亚洲人成网国产最新在线 | 免费又黄又爽视频 | 一级爱爱片一级毛片-一毛 一级爱做片免费观看久久 一级白嫩美女毛片免费 | 国产亚洲精品一品区99热 | 九九九九精品视频在线播放 | 国产三级香港在线观看 | 亚洲精品国产综合99久久一区 | 国产精品一二三区 | 日本精品高清一区二区不卡 | 亚洲欧美精品国产一区色综合 | 香蕉久久夜色精品国产尤物 | 国产亚洲一区二区三区不卡 | 欧美成人香蕉网在线观看 | 欧美成人高清视频 | 天堂男人2021av | 欧美精品人爱a欧美精品 | 亚洲日本va | 天天鲁天天爱天天鲁天天 | 99久久国产免费中文无字幕 | 精品国产综合区久久久久久 | 亚洲天堂欧美 | 67194成人手机在线 | 日韩一级特黄毛片在线看 | swag国产精品一区二区 | 欧美人禽杂交狂配毛片 | 国产成人精品日本亚洲语音1 | 亚洲高清在线视频 | 天堂在线视频网站 | 成人精品视频一区二区在线 | fc2在线播放 | 久久久久久久国产a∨ | 欧美精品三级在线 | 成年人在线视频观看 | 99av在线 |