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

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