Wednesday, March 25, 2009

Bayer Invests in Hybrid Rice in Thailand

Germany-based Bayer Group plans to invest 100 million baht (approximately US$2.8M) between 2008 and 2012 on hybrid rice development in Thailand. It expects to commercialize hybrid rice seed under the Arize brand in 2011. Currently, Charoen Pokphand Group, the country's largest agriculture company, is one of a handful of active players in hybrid rice technology. Thailand is the world's sixth-largest rice producer but the biggest exporter, shipping 60 percent of output abroad.

For more information from the Biotechnology and Biosafety Information Center (BBIC-Thailand) visit http://www.safetybio.agri.kps.ku.ac.th/index.php?option=com_content&task=view&id=5015&Itemid=42

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