AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Desert Control AS

M&A Activity Jul 31, 2024

3577_rns_2024-07-31_74ae6a5e-ca62-4537-a33c-3881e8feffda.html

M&A Activity

Open in Viewer

Opens in native device viewer

Desert Control and Syngenta Sign MoU to Explore Collaborative Efforts in Sustainable Agriculture

Desert Control and Syngenta Sign MoU to Explore Collaborative Efforts in Sustainable Agriculture

Sandnes, Norway, 31 July 2024-Desert Control signs a Memorandum of Understanding

(MoU) with Syngenta Crop Protection AG ("Syngenta"), part of Syngenta Group, one

of the world's largest agricultural technology companies, to explore potential

synergies aimed at enhancing soil health and promoting sustainable agricultural

practices.

The MoU marks the beginning of a collaboration to evaluate the potential

benefits of combining organic and biological additives, including advanced

biostimulants from Syngenta, with Desert Control's Liquid Natural Clay (LNC).

The joint efforts will initially focus on exploratory studies and field

evaluations in arid regions characterized by challenging soil conditions (sandy

and fast-draining soils) and high water stress. Initial field studies are

anticipated to be initiated in the Middle East region during the second half of

"We are excited about the collaboration with Syngenta," said Ole Kristian

Sivertsen, CEO of Desert Control. "This initiative underscores both our and

Syngenta's commitment to innovation and sustainable agriculture. By combining

efforts, we aim to address critical soil health and water scarcity challenges,

paving the way for the next generation of sustainable soil solutions."

Both companies are dedicated to advancing agricultural sustainability and

improving crop yields through innovative solutions. This collaboration

represents a significant step towards developing integrated approaches that

enhance soil fertility and water use efficiency, contributing to global food

security.

For further inquiries, please contact:

Ole Kristian Sivertsen

CEO, Desert Control

Email: [email protected]

Mobile: +47 957 77 777

About Desert Control:

Desert Control develops innovative solutions to enhance soil health, conserve

water, and promote ecosystem resilience. The company's mission is to combat

desertification, soil degradation, and water scarcity. Our patented Liquid

Natural Clay (LNC) transforms sandy, fast-draining soils to retain water and

nutrients, improving soil health, crop yields, and ecosystem vitality while

conserving water. Desert Control provides customized solutions to strengthen

sustainability, profitability, and prosperity for agriculture, forests, and

green landscapes. In collaboration with partners and clients, we aim to preserve

natural resources, restore biodiversity, enhance food security, and ensure a

climate-resilient future.

For more information, visit https://www.desertcontrol.com

About Syngenta:

Syngenta is a global agricultural technology leader committed to transforming

agriculture with science-driven technological innovations to deliver high

productivity and high-quality food while fighting climate change and restoring

nature. Syngenta's biostimulants and crop protection products are at the

forefront of agricultural innovation. Syngenta works with farmers and partners

to deliver four Sustainability

Priorities (http://www.syngentagroup.com/sustainability): Higher Yields, Lower

Impact; Regenerate Soil and Nature; Improve Rural Prosperity; and Sustainable

Operations. The priorities are underpinned by regenerative

agriculture (https://www.syngentagroup.com/regenerative-agriculture) practices

to nurture and restore soil health, protect the climate and biodiversity, and

enhance farm productivity and profitability.

For more information, visit https://www.syngenta.com

Cautionary Note:

This release contains forward-looking information and statements relating to the

business, performance, and items that may be interpreted to impact the results

of Desert Control and/or the industry and markets in which Desert Control

operates. Forward-looking statements are statements that are not historical

facts and may be identified by words such as "aims", "anticipates", "believes",

"estimates", "expects", "foresees", "intends", "plans", "predicts", "projects",

"targets", and similar expressions. Such forward-looking statements are based on

current expectations, estimates, and projections, reflect current views

concerning future events, and are subject to risks, uncertainties, and

assumptions, and may be subject to change without notice. Forward-looking

statements do not guarantee any future performance. Risks, uncertainties, and

other important factors could cause the actual business, performance, results,

or the industry and markets in which Desert Control operates to differ

materially from the statements expressed or implied in this release by such

forward-looking statements.

No representation is made that any of these forward-looking statements or

forecasts will come to pass or that any forecasted performance, capacities, or

results will be achieved, and you are cautioned not to place any undue reliance

on any forward-looking statements.

Talk to a Data Expert

Have a question? We'll get back to you promptly.