On August 7, 2025, Fitch Ratings upgraded Syngenta Group Co., Ltd.’s (Syngenta Group) long-term issuer default rating (IDR) and senior unsecured debt rating from “A-” to “A,” maintaining a stable outlook. The upgrade reflects Syngenta Group’s robust business performance and the strong credit profile of its parent company, China National Chemical Corporation (Sinochem).
Syngenta Group is a leading global agrochemical and seed company that plays a crucial role in advancing agricultural modernization and ensuring national food security in China. The rating upgrade acknowledges the company’s leadership in the crop protection and seed markets spanning over 90 countries, as well as its robust research and development (R&D) capabilities and extensive distribution network.
In the first quarter of 2025, Syngenta Group’s EBITDA increased 18% year over year to $1.4 billion (a 14% increase at constant exchange rates), and profit margins improved by 3.2 percentage points. These results demonstrate significant growth momentum. Looking ahead, the company is expected to maintain steady growth as market demand recovers and raw material costs decline. It will continue to drive innovation for sustainable agricultural development.
The stable outlook considers Syngenta Group’s strategic importance to Sinochem and its parent company’s ongoing support, despite potential industry challenges. The upgrade underscores confidence in the group’s financial resilience and long-term prospects within the global agriculture sector.
