DowDuPont Agricultural Division To Become Corteva
On Monday, DowDuPont announced it will name its agricultural company Corteva Agriscience. This is one of three companies to be formed as a result of the merger. The spin-off will be completed by June 1, 2019.
Corteva is derived from a combination of words that mean “heart” and “nature.” The new organization brings together DuPont Crop Protection, DuPont Pioneer and Dow AgroSciences to create its agricultural company. It will focus on seed, crop protection and digital agriculture.
“This is the start of an exciting journey,” says James C. Collins, Jr., chief operating officer, Agriculture Division of DowDuPont. “Corteva Agriscience is bringing together three businesses with deep connections and dedication to generations of farmers.
Corporate headquarters for the new company will be in Wilmington Del. Other sites include Johnston, Iowa and Indianapolis, Ind., with both serving as global business centers.
“We will continue to invest in some of the most recognized and premium brands in agriculture: Pioneer, Mycogen, and the newly launched Brevant seed brands, as well as our award-winning Crop Protection products, such as Aproach Prima fungicide and Quelex herbicide with Arylex active, while bringing new products to market through our solid pipeline of active chemistry and technologies,” Collins says.
