DowDuPont Agriculture Division to be renamed Corteva Agriscience
March 19, 2018
The DowDuPont Agriculture Division will be renamed Corteva Agriscience after it is spun off as an independent company following the Dow Chemical Co’s and DuPont’s merger last September.
Corteva, which will combine DuPont Crop Protection, DuPont Pioneer and Dow AgroSciences by 1 June 2019, would be headquartered in Wilmington, USA, with additional locations in Johnston, Iowa, and Indianapolis, Indiana, DowDuPont said on 26 February.
“Corteva Agriscience is bringing together three businesses with deep connections and dedication to generations of farmers,” said James C Collins, chief operation officer at DowDuPont Agriculture Division.
“With the most balanced portfolio of products in the industry, nearly a century of agronomic expertise and an unparalleled innovation engine, Corteva will become a leading agriculture company, focused on working together with the entire food system to produce a secure supply of healthy food,” Collins said.
The newly branded company would be active as a standalone player in the seed technologies, crop protection and digital agriculture segments.
Collins added that the firm would continue investing in its most famous brands, including the Pioneer, Mycogen and Brevant seed brands, the Aproach Prima fungicide and Quelex herbicide.
The two other independent companies to be born out of Dow’s and DuPont’s US$130bn merger will retain the names Dow and DuPont, with the Dow brand taking over the current DowDuPont Materials Science Division, while the DuPont name will be transferred to what is currently the Specialty Products Division.