Engineering News

DuPont Plans New Agriculture Products
Tuesday February 12, 12:01 pm ET

DuPont to Launch New Seed Corn Brand in Brazil, Other Products to Increase Farmer Productivity

NEW YORK (AP) -- Chemicals maker DuPont Co. said Tuesday it will launch an insect control system for its seed corn product line, a new platform of soybean technology and a second seed corn brand in Brazil.

The new insect control system, Optimum AcreMax, will increase the number of acres corn growers can plant using insect control products. The first of several products in this line will be launched as early as 2009, pending regulatory approval.

DuPont said its new soybean technology platform will deliver growers a 40 percent increase in yield over the next decade.

Additionally, DuPont's Pioneer Hi-Bred business will launch a second corn seed brand to expand its market in Brazil.

On Monday, DuPont signed an agreement with Precision BioSciences Inc. that will give Pioneer Hi-Bred the rights to the biotechnology company's directed nuclease editor technology, which introduces and stacks multiple genes that speed up product development in corn, soybeans and other crops.

Speaking at the Goldman Sachs Agricultural Biotech Forum, J. Erik Fyrwald, DuPont group vice president, said the company's Agriculture & Nutrition segment is on track to report double-digit earnings growth in 2008. The business unit posted a 14 percent gain in revenue in 2007, driven by stronger seed sales from its Pioneer Hi-Bred business.

DuPont shares gained $1.78, or 3.9 percent, to $47.71 in morning trading. Shares have traded between $41.26 and $53.90 in the past 12 months.

Source: Associated Press

Engineering News Archive

 
// CAREER RESOURCES

Applicant Procedures
Job Seekers
Resume Help
Professional Organizations
Engineering Career Information
Engineering Colleges

// WHAT WE DO
Recruiters for
Professionals in the Chemical
& Pharmaceutical Industries
We recruit exclusively for Engineers and Operations/Maintenance Management Personnel in the following areas:
Specialty chemicals
Bulk chemicals
Commodity Chemicals
Petrochemicals
Fine chemicals
Agrochemicals
Industrial gases
Surfactants
Fertilizers
Solvents
Coatings
Polymers
Pharmaceuticals
Refinery
Career Center | FAQs | Privacy
SESI Corporate Headquarters (954)755-3121 ext 109
© Search Enterprises, Inc. All rights reserved.
Industry News Career Center FAQs Submit a Job About Search Enterprises Submit a Resume Candidates Job Opportunities Search Enterprises Home