"BASF, the German chemical group, has abandoned efforts to sell genetically modified products in Europe, including its Amflora potato, because of overwhelming opposition to the technology, the company said Monday. “There is still a lack of acceptance for this technology in many parts of Europe — from the majority of consumers, farmers and politicians,” said Stefan Marcinowski, a board member with responsibilities for plant biotechnology. “Therefore, it does not make business sense to continue investing in products exclusively for cultivation in this market.” The company has instead decided to focus on “attractive markets” in the Americas and in Asia, he said. The withdrawal of the potato leaves a type of corn produced by Monsanto as the only biotech crop grown in Europe. A total of 140 jobs will be cut in Europe from the company’s plant science unit, which was responsible for developing the Amflora potato, mainly for use in the paper industry, BASF said. Many of those jobs will be moved to the company’s new plant science headquarters near Raleigh, North Carolina, and other sites in Berlin and Belgium" (...)
James Kaner in The New York Times; Jan 17, 2012.
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