Swiss agrochemical company Syngenta AG's (SYT) Chief Executive Officer Mike Mack is confident the biofuels boom in the U.S. is set to continue.
Swiss agrochemical company Syngenta AG's (SYT) Chief Executive Officer Mike Mack is confident the biofuels boom in the U.S. is set to continue.
"Biofuels will remain an important and enduring part of our business," Mack told financial broadcaster CNBC Thursday, adding that besides demand in the U.S., Latin America is also expected to drive demand for the company's seeds business.
Furthermore, the company, which posted strong earnings Thursday, hopes that with the launch of new seed technology it can expand the market position of its corn seeds business.
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