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ChemChina completes Syngenta takeover, targets emerging markets

Chinese state player wants to double the size of the Swiss agrochemical giant

ChemChina head Ren Jianxin is now also Syngenta's chairman.

BASEL, Switzerland -- Swiss agrochemical giant Syngenta said on Tuesday it is now officially owned by the state-owned China National Chemical, or ChemChina.

ChemChina Chairman Ren Jianxin, who has been elected Syngenta's chairman, said in a recent interview with The Nikkei that "our aspiration is to create another Syngenta ... and double [its size] in the next 5-10 years."

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