Corteva

Napoli Shkolnik and Co-Leads Secure $1.185B Agreement with DuPont, Chemours, and Corteva over PFAS Pollution and Remediation Expenses in U.S. Public Water Supply

Retrieved on: 
Friday, June 2, 2023

In collaboration with our co-leaders, we have successfully negotiated the fundamental terms of a settlement with DuPont, Chemours, and Corteva, establishing their liability for PFAS pollution in public water supply systems and related treatment costs.

Key Points: 
  • In collaboration with our co-leaders, we have successfully negotiated the fundamental terms of a settlement with DuPont, Chemours, and Corteva, establishing their liability for PFAS pollution in public water supply systems and related treatment costs.
  • This agreement serves as a crucial step towards holding these corporations accountable for their actions and obtaining compensation for impacted water utilities and communities across the country.
  • The settlement with DuPont, Chemours, and Corteva symbolizes their unspoken acceptance of their part in the PFAS pollution crisis.
  • They are now obligated to financially compensate for the necessary remediation required to address the pollution caused by their persistent chemicals.

Chemours, DuPont, and Corteva Reach Comprehensive PFAS Settlement with U.S. Water Systems

Retrieved on: 
Friday, June 2, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230602005091/en/
    The class includes water systems with a current detection of PFAS1 at any level and those that are currently required to monitor for the presence of PFAS under EPA monitoring rules2 or other applicable laws.
  • This includes but is not limited to systems in the South Carolina aqueous film-forming foam multi-district litigation (“AFFF MDL”).
  • The companies will collectively establish and contribute a total of $1.185 billion to a settlement fund (“water district settlement fund”).
  • The settlement amounts will be funded by the companies in full and deposited into the water district settlement fund within ten business days following preliminary approval of the settlement by the Court.

Evogene Reports First Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 18, 2023

REHOVOT, Israel, May 18, 2023 /PRNewswire/ -- Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN), a leading computational biology company aiming to revolutionize life-science-based product discovery and development utilizing cutting-edge computational biology technologies across multiple market segments, today announced its financial results for the first quarter period ending March 31, 2023.

Key Points: 
  • REHOVOT, Israel, May 18, 2023 /PRNewswire/ -- Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN), a leading computational biology company aiming to revolutionize life-science-based product discovery and development utilizing cutting-edge computational biology technologies across multiple market segments, today announced its financial results for the first quarter period ending March 31, 2023.
  • Cash position: Evogene maintains a solid financial position for its activities with approximately $28.8 million in consolidated cash, cash equivalents, and marketable securities as of March 31, 2023.
  • Sales and marketing expenses were approximately $800 thousand for the first quarter of 2023, compared to approximately $908 thousand in the same period the previous year.
  • General and administrative expenses were approximately $1.5 million in the first quarter of 2023, compared to approximately $1.6 million in the same period in the previous year.

Corteva Agriscience to Participate in the 2023 BMO Farm to Market Chemicals Conference

Retrieved on: 
Monday, May 15, 2023

INDIANAPOLIS, May 15, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Executive Vice President and Chief Financial Officer, Dave Anderson, and Executive Vice President and Chief Technology and Digital Officer, Sam Eathington, will speak at the 2023 BMO Farm to Market Chemicals Conference at 9:30 a.m. Eastern Time on Thursday, May 18, 2023.

Key Points: 
  • INDIANAPOLIS, May 15, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Executive Vice President and Chief Financial Officer, Dave Anderson, and Executive Vice President and Chief Technology and Digital Officer, Sam Eathington, will speak at the 2023 BMO Farm to Market Chemicals Conference at 9:30 a.m. Eastern Time on Thursday, May 18, 2023.
  • Remarks will be webcast live.
  • Registration for the webcast can be accessed through the Corteva Investor Relations website .
  • A replay of the presentation will be available 24-hours after the presentation ends and will be accessible until August 18, 2023.

Investor Interest Growing in Agricultural Technologies

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- The agriculture industry has generally been a large and essential industry. In recent years, it has undergone significant changes due to advancements in technology, transforming the way we farm and produce food. Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency. This includes the use of precision agriculture, automated equipment, biotechnology, and other technological innovations that help farmers make better decisions and optimize their operations. Among the various technological advancements are precision agriculture, automated equipment and biotechnology. The impact of agriculture technology extends beyond just the farming sector, as the benefits of AgTech can be felt across the entire supply chain, from increased production and efficiency to improved food safety and security. VCI Global Limited (NASDAQ: VCIG), The Mosaic Company (NYSE: MOS), Vital Farms (NASDAQ: VITL), AppHarvest, Inc. (NASDAQ: APPH), Corteva, Inc. (NYSE: CTVA) 

Key Points: 
  • Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency.
  • On the other hand, industrial farming has also been greatly impacted by AgTech, allowing for larger-scale operations with fewer resources.
  • "Our decision to temporarily curtail Colonsay reflects near-term dynamics and not long-term agricultural market fundamentals.
  • With over 100 years of hybrid corn breeding, Corteva has built generational strength in germplasm performance that provides sustained yield advantage across diverse growing conditions.

Investor Interest Growing in Agricultural Technologies

Retrieved on: 
Thursday, May 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- The agriculture industry has generally been a large and essential industry. In recent years, it has undergone significant changes due to advancements in technology, transforming the way we farm and produce food. Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency. This includes the use of precision agriculture, automated equipment, biotechnology, and other technological innovations that help farmers make better decisions and optimize their operations. Among the various technological advancements are precision agriculture, automated equipment and biotechnology. The impact of agriculture technology extends beyond just the farming sector, as the benefits of AgTech can be felt across the entire supply chain, from increased production and efficiency to improved food safety and security. VCI Global Limited (NASDAQ: VCIG), The Mosaic Company (NYSE: MOS), Vital Farms (NASDAQ: VITL), AppHarvest, Inc. (NASDAQ: APPH), Corteva, Inc. (NYSE: CTVA) 

Key Points: 
  • Agriculture technology, also known as AgTech, refers to the use of technology to enhance agricultural productivity and efficiency.
  • On the other hand, industrial farming has also been greatly impacted by AgTech, allowing for larger-scale operations with fewer resources.
  • "Our decision to temporarily curtail Colonsay reflects near-term dynamics and not long-term agricultural market fundamentals.
  • With over 100 years of hybrid corn breeding, Corteva has built generational strength in germplasm performance that provides sustained yield advantage across diverse growing conditions.

Corteva Agriscience's Leading R&D Pipeline of Innovation Provides Path to Farmer, Society and Company Success

Retrieved on: 
Wednesday, May 10, 2023

INDIANAPOLIS, May 9, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today showcased its farmer-focused innovations, sustainability-driven initiatives and industry-leading R&D pipeline advancements during the Company's Innovation Update. Through key product launches, the Company is expanding its leadership position in the global seed and crop protection market by continuing to deliver products that increase and protect yield potential for farmers globally.

Key Points: 
  • INDIANAPOLIS, May 9, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) today showcased its farmer-focused innovations, sustainability-driven initiatives and industry-leading R&D pipeline advancements during the Company's Innovation Update.
  • With over 100 years of hybrid corn breeding, Corteva has built generational strength in germplasm performance that provides sustained yield advantage across diverse growing conditions.
  • "We are prioritizing investment around significant growth opportunities, particularly R&D and innovation," said Dave Anderson, Chief Financial Officer, Corteva Agriscience.
  • Learn more about Corteva's R&D innovation advancements from the webcast, which can be accessed on our Events and Presentations page of the Corteva Investor Relations website.

Corteva Agriscience Announces Bexoveld™ Active as Global Brand for Newest Active Ingredient from its Innovation Pipeline

Retrieved on: 
Tuesday, May 9, 2023

INDIANAPOLIS, May 9, 2023 /PRNewswire/ -- Corteva Agriscience today announces Bexoveld™ active as the brand name for the newest herbicide from its robust innovation pipeline.

Key Points: 
  • INDIANAPOLIS, May 9, 2023 /PRNewswire/ -- Corteva Agriscience today announces Bexoveld™ active as the brand name for the newest herbicide from its robust innovation pipeline.
  • Corteva expects to launch Bexoveld in North America in 2028 and in Europe in 2030, pending regulatory reviews.
  • "Bexoveld demonstrates Corteva Agriscience's commitment to bringing farmers innovative, sustainable, crop protection solutions," said Robert King, Executive Vice President – Crop Protection Business, Corteva Agriscience.
  • "With Bexoveld, Corteva will continue adding value to the cereal herbicide market by providing expanded spectrum weed control through differentiated products."

Corteva Reports First Quarter 2023 Results, Raises Full-Year Guidance

Retrieved on: 
Wednesday, May 3, 2023

INDIANAPOLIS, May 3, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) ("Corteva" or the "Company") today reported financial results for the three months ended March 31, 2023.

Key Points: 
  • First quarter 2023 net sales rose 6% versus prior year with gains in both segments.
  • GAAP income and earnings per share (EPS) from continuing operations were $607 million and $0.84 per share for the first quarter 2023, respectively.
  • "Corteva delivered a solid start to 2023, reflecting focused execution coupled with continued demand for our innovative technology solutions.
  • Corteva expects net sales in the range of $18.6 billion to $18.9 billion, growth of 7% at the mid-point.

Indianapolis Selected as Host Site for Artificial Intelligence Bootcamp – APPLICATIONS NOW OPEN!

Retrieved on: 
Friday, April 28, 2023

INDIANAPOLIS, April 28, 2023 (GLOBE NEWSWIRE) -- Corteva will host a Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp for high school students at No-Cost for a 2nd time in the Fall of 2023.

Key Points: 
  • INDIANAPOLIS, April 28, 2023 (GLOBE NEWSWIRE) -- Corteva will host a Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp for high school students at No-Cost for a 2nd time in the Fall of 2023.
  • The AI Bootcamp in Indianapolis will be targeted at underserved high school students (9th-12th grade) and will introduce these high school students to basic AI concepts and skills.
  • Corteva is one of 28+ host companies selected to host camps across the US in Fall 2023.
  • To see our 2023 camp locations and to learn more about the Mark Cuban Foundation AI Bootcamps, please visit markcubanai.org/faq .