Corteva becomes reality on June 3

When the New York Stock Exchange opens on Monday, June 3, a new agricultural company will be on the listing:  Corteva Agriscience under the ticker symbol CTVA.

 

Corteva – pronounced with a soft ‘e’ – is the spinoff of parent company DowDuPont. Jim Collins, CEO, shared some of the statistics at an investors’ day earlier this spring. 

 

Product portfolio:  Seeds – 56%; Crop protection – 44% 

 

Pro forma net sales:  2019 estimate is $14.3 billion

 

Changes since merger:  2017 headcount was 25,000; 2019 headcount is 21,000 

 

Changes in R & D sites: 233 in 2017; 163 in 2019 

 

Canadian headquarters are in Calgary, Alberta. The most commonly recognized brands are insecticides Closer and Delegate and fungicides, Curzate, Fontelis and Quintec. For the entire product portfolio, go to: www.corteva.ca

 

Source: Agri-Marketing Magazine May 28, 2019

If latest news: 
Check if it is latest news (for "Latest News" page)
Publish date: 
Friday, May 31, 2019

Click to leave a comment

CAPTCHA
For security purposes, please confirm you are not a robot!

RELATED NEWS

No carcinogen warning required on glyphosate label

The U.S. Environmental Protection Agency is overriding California’s Proposition 65 law that requires warning labels on glyphosate that it is carcinogenic, citing the action as “irresponsible.” Glyphosate is the most commonly used weedkiller in the world.

AXXE broad-spectrum herbicide approved

BioSafe Systems has received approval for foliar spray treatment of a broad range of weeds and grasses in a wide range of crops.

Bayer moves Crop Science HQ to St. Louis

Crop protection giant, Bayer, which bought Monsanto in a mega deal, is moving its crop science headquarters to St. Louis and closing its Research Triangle Park facilities. 

Corteva defends Lorsban insecticide

Here’s what the Pest Management Regulatory Agency says about key crop protection products:  Lorsban, Senator and Aliette.

Biological insecticides for greenhouse strawberries

Bioprotec and Dipel biological insecticide labels have been expanded for control of leafrollers on greenhouse strawberries in Canada.