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Monheim, October 16, 2018 – Farmers are facing major challenges including meeting the high demands of consumers for sustainable cultivation. To help them, Bayer supports farmers with a broad range of integrated agronomic solutions – including biological crop protection. The company will present some of its latest biological innovations at this year's ABIM.
The annual conference is the most important industry meeting for manufacturers of organic crop protection products and will take place from October 22 to 24 in Basel, Switzerland. For three days, the focus will be on trends in research and development, innovations in the biologics market and novel biological products for environmentally conscious and sustainable crop protection. The congress is organized by the International Biocontrol Manufacturers' Association (IBMA) and the Swiss Research Institute of Organic Agriculture (FiBL).
An important goal for Bayer is to find the right partners to further expand the biologicals market together. “This market has enormous growth potential but is still highly fragmented”, says Karl Muenks, Segment Manager Biologicals at Bayer. “We are therefore open to foster partnerships with manufacturers of biologicals in order to be able to offer farmers more efficient integrated solutions tailored to their needs. All together, we will be helping growers to meet the current and future requirements of the various players in the food chain.”
Bayer will have a booth at the fair and present its product portfolio, for example Serenade™ or BioAct™, as well as its Food Chain Partnership initiative. The initiative brings together farmers, processors and retailers to work together on integrated solutions to ensure the sustainable and transparent production of high-quality food. “Only through better cooperation with leading experts in private and public research institutions and with many other partners can we jointly strengthen a sustainable food system throughout the food chain,” says Muenks. “The future of our fields and greenhouses will be even more shaped by integrated agronomic solutions, and biologicals are an important part of this.”
Bayer in Biologicals
To meet the needs of farmers and to contribute to global food supplies, Bayer has been investing more and more since 2009 in the development of high-quality biologicals with proven efficacy and scientifically demonstrated modes of action. These innovative products are suitable for supplementing chemical crop protection products. A wide range of integrated agronomic solutions helps farmers to operate profitably, to be environmentally friendly and to meet market demands.
Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2017, the Group employed around 99,800 people and had sales of EUR 35.0 billion. Capital expenditures amounted to EUR 2.4 billion, R&D expenses to EUR 4.5 billion. For more information, go to www.bayer.com.
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.