Devgen and Sang Hyang Seri announce hybrid rice production cooperation in Indonesia
Devgen and Sang Hyang Seri, announced a further strengthening of their relationship through the creation of a Hybrid rice Strategic Business Unit for hybrid rice seed production.
The business unit is a contractual joint venture that will be jointly managed. Sang Hyang Seri (SHS), the government owned seed company will provide local expertise, land and infrastructure. Today SHS produces and supplies ~100,000 ton of certified rice seed (close to one third of the country's rice seed requirements). Devgen will provide hybrid rice production technology. Produced seed will be distributed by SHS and Devgen within Indonesia.
The companies already have ongoing cooperations in R&D and distribution of hybrid rice in Indonesia. Under these agreements the companies have been testing Devgen's hybrid rice pipeline across Indonesia. Indonesia is South East Asia's largest rice growing country with approx. 12 million ha under rice cultivation of which only a few percent is hybrid today.
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