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BASF to Stop Selling Genetically Modified Products in Europe

from nytimes.com: BASF, the German chemical group, has abandoned efforts to sell genetically modified products in Europe, including its Amflora potato, because of overwhelming opposition to the technology, the company said Monday.

There is still a lack of acceptance for this technology in many parts of Europe — from the majority of consumers, farmers and politicians,” said Stefan Marcinowski, a board member with responsibilities for plant biotechnology. “Therefore, it does not make business sense to continue investing in products exclusively for cultivation in this market.”

The company has instead decided to focus on “attractive markets” in the Americas and in Asia, he said.

The withdrawal of the potato leaves a type of corn produced by Monsanto as the only biotech crop grown in Europe.

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