Bayer said that it has invested roughly €45 million in the construction of an approximately 11,000 m2 greenhouse at its Monheim site with an adjoining laboratory and office building for insecticide research. The company is aiming to consolidate its leading position in the global pest control market.
The construction of the new greenhouse is Bayer's largest single project in Monheim in an investment program that has totalled around €170 million over the past six years. Aside from new investments, key elements of the growth strategy for crop science include the modernization and targeted expansion of the existing research infrastructure.
Top-notch research will improve Bayer’s ability to develop selective insecticides
Farmers across the world are increasingly facing new pest infestations and mounting resistance to currently available insecticides. Furthermore, tighter regulations result in higher entry barriers for new insecticidal solutions. State-of-the-art research with outstanding technological capabilities is a key factor for the successful development of crop protection innovations, especially insecticides.
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