Sector News

DowDuPont debuts spin-off called Corteva Agriscience

June 3, 2019
Consumer Packaged Goods

A new company called Corteva Agriscience is trading under the symbol CTVA on the New York Stock Exchange. While some in the food and agricultural industries may not recognize the name, Corteva Agriscience, an independent, pure-play agricultural company, is expected to have global annual net sales of over $14 billion.

A spin-off of DowDuPont, Corteva has a heritage portfolio of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences. The company is based in Wilmington with business centers in Iowa and Indiana.

Corteva Agriscience has a presence in more than 130 countries, has more than 100 production and manufacturing facilities, and has more than 160 research and development facilities.

By Jeff Gelski

Source: Food Business News

comments closed

Related News

May 4, 2024

Emergent Cold LatAm opens ‘Chile’s largest’ frozen food warehouse

Consumer Packaged Goods

Temperature-controlled storage and logistic solution provider, Emergent Cold LatAm, has opened ‘Chile’s largest’ frozen food warehouse. Located in Talcahuano, a region renowned for its seafood and fruit production and exports, the warehouse represents a strategic enhancement of the local cold chain infrastructure.

May 4, 2024

Asahi Beverages buys Australian gin manufacturer Never Never

Consumer Packaged Goods

Never Never gin will be sold through Asahi’s alcohol division, Carlton & United Breweries (CUB). According to the company, the acquisition – which won’t impact daily operations – will enable Never Never’s premium gin to reach a wider customer base while enhancing support and product offerings for existing customers.

May 4, 2024

Coca-Cola Europacific Partners CFO resigns, moves to Diageo

Consumer Packaged Goods

Coca-Cola Europacific Partners (CCEP) announced today the forthcoming departure of Nik Jhangiani, senior vice president and chief financial officer, with plans underway to identify his successor. Jhangiani will be stepping down to assume the role of CFO at Diageo later this year.

How can we help you?

We're easy to reach