Crop-Stress Technology

AgroFresh Inc., a wholly-owned subsidiary of Rohm and Haas and Syngenta AG announced the signing of a letter of intent to enter into an exclusive global strategic alliance to develop and commercialize Invinsa technology, a unique product for crop stress protection in field crops.

Invinsa technology, a sprayable formulation of 1-methylcyclopropene (1-MCP), will be the first-ever product introduced into field crop markets to specifically protect crop yield during extended periods of high temperature, mild-to-moderate drought and other crop stresses. The increasing occurrence of drought stress in many regions of the world, coupled with the importance of maximizing crop yields to meet the growing demand for food, animal feed and fuel, creates a significant potential market for Invinsa technology, provisionally estimated to be in excess of $500 million.

Both companies will contribute research and development resources, while Syngenta will market Invinsa crop stress protection worldwide.