DistantNews
Support us

BASF weighs expanding its soybean seed business in Argentina, citing intellectual-property rules as key

From La Nación · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • BASF is evaluating new investment opportunities in Argentina’s soybean seeds and biotechnology traits business.
  • The company says clearer intellectual-property rules, aligned with UPOV 91, would be key to bringing investment and new technologies to the local market.
  • BASF expects about 200 product launches in Latin America by 2035 and has identified more than 7.5 billion euros in potential additional global sales from planned products and solutions.

BASF is considering new investment in Argentina’s soybean seed and traits business, but the German company says the pace of that investment will depend on stronger intellectual-property protection.

The company’s position comes as Argentine producers and the seed industry negotiate changes to the country’s seed regulations. One issue under discussion is whether farmers should pay for “own use,” the practice of keeping part of a soybean harvest for seed and using it in the following growing season. The practice is currently covered by law, but negotiators are considering limiting it and introducing a payment.

The company is also evaluating new investment opportunities to strengthen its seeds and traits business in Argentina.

· Aimar PenaBASF’s marketing manager for seeds and traits described the company’s investment plans.

The Argentine government has also committed to sending Congress an agreement to join UPOV 91, an international framework that offers greater protection to companies. Under the proposed approach, a producer who did not recognize intellectual-property rights when buying seed could do so later through the resulting production.

a key factor in accelerating the arrival of new technologies to the local market

· Aimar PenaPena described modern intellectual-property regulation as essential for faster technology adoption.

Aimar Pena, BASF’s marketing manager for seeds and traits, said the company is assessing opportunities to strengthen its business in Argentina. “The company is also evaluating new investment opportunities to strengthen its seeds and traits business in Argentina,” he said. Pena added that modern rules with clear intellectual-property protections, in line with UPOV 91, would be “a key factor in accelerating the arrival of new technologies to the local market.”

BASF said its global agricultural solutions pipeline could generate more than 7.5 billion euros in additional sales from products and solutions expected to launch through 2035. The company expects about 200 launches in Latin America, covering crop protection, seed treatment, biotechnology and digital tools. In Argentina, it operates in soybeans, corn, wheat and sunflower, including its Credenz soybean seed brand.

At BASF, we believe that moving toward a modern, balanced framework with clear rules is key to driving investment, protecting intellectual property and promoting more productive and sustainable agriculture.

· Aimar PenaPena argued for a regulatory framework designed to support investment and agricultural development.
About this summary

Originally published by La Nación in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.