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
Consumer healthcare firm Haleon has appointed Tate & Lyle executive Dawn Allen as its new chief financial officer, effective 1 November 2024. Allen will succeed Tobias Hestler, who has decided to step down from the role, citing a long-term health condition, the company said.
The group said that the bottling line, which adds 6,500 square metres to the existing 60,700-square-metre site, is the next necessary stage in the company’s international development. The leading brand in Campari Group’s global sales, demand for the Italian bitter apéritif has grown by 500% in the last decade.
The partnership will see Coca-Cola adopt new technology to foster innovation and productivity globally. Through the deal, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.
