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February 18th, 2008Amflora: BASF expects green light from EU Commission
Limburgerhof, Germany – February 18, 2008 – During its meeting in Brussels today, the EU Council of Agricultural Ministers passed BASF Plant Science’s application for feed use of Amflora pulp on to the EU Commission. An immediate approval would have required a qualified majority of approximately 74% of votes. “We now look forward to a decision by the EU Commission since it has initiated the process with a favorable proposal,” stated Dr. Hans Kast, president and CEO of BASF Plant Science. “We however still await the approval for commercial cultivation of Amflora, which has been in the hands of the Commission since July 2007,” Kast added. Both Amflora proposals, for cultivation as well as feed, are based on positive evaluations of Amflora from the European Food Safety Authority (EFSA). EFSA repeatedly stated that Amflora is for humans, animals and the environment as safe as any conventional potato. The application for feed use of Amflora has been submitted by BASF Plant Science to allow the use of the pulp that remains after starch extraction as feed and to document that Amflora is safe for humans and animals. The most important prerequisite for commercialization of Amflora, however, is the approval for commercial cultivation. After an approval process that lasted more than ten years, BASF Plant Science is now awaiting approval from the EU Commission. If this approval is not granted by the end of February, commercial cultivation will not be possible in 2008. Amflora is BASF Plant Science’s genetically optimized starch potato for industrial use such as paper making. The potato was developed together with farmers and the starch industry in Europe to strengthen the competitiveness of the potato starch market, which is mainly based in Europe. Every year, 2 million tons of potato starch, equivalent to 75% of the world market, is produced in Europe. BASF estimates that Amflora starch will provide a yearly added value of more than €100 million for the starch potato industry and farmers in Europe. About Amflora Amflora is a genetically optimized potato, producing pure amylopectin starch, ideal for technicalapplications. Conventional potatoes produce a mixture of amylopectin and amylose starch. For many technical applications, such as in the paper, textile and adhesives industries, only amylopectin is needed; separating the two starch components is uneconomical. Amflora produces pure amylopectin starch and thus helps to save resources, energy and costs. Moreover: Paper produced with amylopectin starch has a higher gloss and adhesives can be processed for a longer period of time. About BASF Plant Science BASF consolidated its plant biotechnology activities in BASF Plant Science in 1998. Today, about 700 employees are working to optimize crops for more efficient agriculture, renewable raw materials and healthier nutrition for humans and animals. Projects include yield increase in staple crops, higher content of Omega-3s in oil crops for preventing cardiovascular diseases, and potatoes with optimized starch composition for industrial use. To find out more about BASF Plant Science, please visit www.basf.com/plantscience. About BASF BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable partner to virtually all industries, BASF’s high-value products and intelligent system solutions help its customers to be more successful. BASF develops new technologies and uses them to meet the challenges of the future and open up additional market opportunities. It combines economic success with environmental protection and social responsibility, thus contributing to a better future. BASF has approximately 95,000 employees and posted sales of €52.6 billion (approximately $66.1 billion) in 2006. Further information on BASF is available on the Internet at ww.basf.com. |