BASF halts EU approval process for GM potatoes

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posted on Jan, 29 2013 @ 04:16 PM
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BASF halts EU approval process for GM potatoes


phys.org

BASF, the world's biggest chemicals company, said Tuesday it has decided to no longer seek European approval of its genetically modified potato products in the face of stiff resistance.
(visit the link for the full news article)


Related News Links:
www.basf.com




posted on Jan, 29 2013 @ 04:16 PM
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The European Commission in Brussels had already announced it would freeze the approval process for the remainder of their mandated term - they need time to negotiate with the member states of the EU.

Rather than continue the lobbying....


BASF said in a statement it will "discontinue the pursuit of regulatory approvals for the Fortuna, Amadea, and Modena potato projects in Europe because continued investment cannot be justified due to uncertainty in the regulatory environment and threats of field destructions."

A year ago, the giant had announced it would halt the development and marketing of new genetically-modified products destined for the European market over concerns in some countries over the technology.

And it also moved its plant science headquarters to the United States.


BASF is part of the megalithic corporate construct that has become tightly integrated with institutions of global governance, and surely knows when to spend, and when not to. BASF is one of the German market companies with the largest percentage of private shareholders in Germany. More than a quarter of it is held privately.

As one of the defacto poster-children for Big-Chem/Aggro, how this company strategically moves in terms of pushing products bears watching closely.

It should be interesting to note how their field trials in Germany, Sweden and the Netherlands are going for the GMO potatoes... or are those coming tot he US along with their "Plant Sciences" division?

phys.org
(visit the link for the full news article)
edit on 29-1-2013 by Maxmars because: (no reason given)
edit on 29-1-2013 by Maxmars because: (no reason given)



posted on Jan, 29 2013 @ 04:33 PM
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Thanks Maxmars nice to have some good news concerning GMO. Lets hope this trend continues. I would like to see Europe free of GMO untill more tests have been done. The risks are not worth taking.
edit on 29-1-2013 by purplemer because: (no reason given)



posted on Jan, 29 2013 @ 05:19 PM
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I mean why do we need new potato types anyway. We have many types of acceptable potatoes out there. The company is just trying to capture a part of the existing market with these GM strains and not actually adding any new food to the market. If people can't see that this is just about trying to make money and nothing else they are not very observant. We presently do not need any new strains of potatoes. Big corporations like this can genetically modify bugs and fungus so that they target potatoes other than their brands. Monsanto can do this also with corn and soy.



posted on Jan, 29 2013 @ 05:31 PM
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Funny, how BASF is the company that was going after this, considering it's one of the few parts of IG Farben that still exists, and we all know what Farben made



posted on Jan, 29 2013 @ 06:05 PM
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reply to post by Maxmars
 

Ah, so, the EU doesn't seem to jump on the GM bandwagon like the US does....no small wonder that BASF is moving its science experiments to friendlier shores





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