BASF Gives Up on Pushing GMOs in Europe, Moves Operations to US Where ‘Frankenfoods’ are Not Labeled
Tuesday, 03 April 2012 07:09
‘The latest health freedom victory in Europe means more toxic “Frankenfoods,” aka genetically-modified (GM) crops, for the United States. EurActiv.com reports that Germany-based biotechnology giant BASF is officially calling it quits on trying to push GM crops in Europe. But the company’s withdrawal means that it will be relocating its plant science headquarters from Limburgerhof, Germany, to Raleigh, North Carolina.
When explaining why BASF was pulling out of Europe entirely, Stefan Marcinowski, a company board member in charge of plant biotechnology, said in a statement that “the majority of consumers, farmers and politicians” in Europe oppose GMOs. He added that “it does not make business sense to continue investing in products exclusively for cultivation in [the European] market.”‘