Corteva

PacBio and Corteva Agriscience Enable Groundbreaking Plant and Microbial Long-Read Sequencing Workflow on Revio System

Retrieved on: 
Tuesday, March 28, 2023

MENLO PARK, Calif., March 28, 2023 /PRNewswire/ -- PacBio (NASDAQ: PACB), a leading developer of high-quality, highly accurate sequencing solutions, today announced new workflows developed with global agriculture company, Corteva Agriscience that enable high throughput plant and microbial genome sequencing.

Key Points: 
  • MENLO PARK, Calif., March 28, 2023 /PRNewswire/ -- PacBio (NASDAQ: PACB), a leading developer of high-quality, highly accurate sequencing solutions, today announced new workflows developed with global agriculture company, Corteva Agriscience that enable high throughput plant and microbial genome sequencing.
  • "When we announced our new Revio sequencing system, we knew it would be revolutionary for the genomics industry.
  • We're thrilled to see it being used, along with our Nanobind products, to advance plant and microbial genetics."
  • "Working with the world-class research and development organization at Corteva Agriscience has yielded high-quality, long-read sequencing data at scale for plant and microbial DNA," said Jeff Eidel, Chief Commercial Officer at PacBio.

Corteva Agriscience Launches Adavelt™ Active, Bringing Farmers a New Mode of Action Fungicide

Retrieved on: 
Tuesday, March 28, 2023

INDIANAPOLIS, March 28, 2023 /PRNewswire/ -- Corteva Agriscience announced today the commercial launch of Adavelt™ active, with recent product registrations in three countries – Australia, Canada and South Korea. Adavelt active is a novel fungicide with a new mode of action that protects against a wide range of diseases that can impact crop yields.

Key Points: 
  • Adavelt active is a novel fungicide with a new mode of action that protects against a wide range of diseases that can impact crop yields.
  • Zetigo™ PRM fungicide with Adavelt™ active, now approved for sale in Canada, will be available for the 2023 growing season for use in lentil crops.
  • Corteva plans to offer Adavelt active in additional countries and pending appropriate crop registrations in the following years, subject to regulatory approvals.
  • Adavelt™ active is built on the discovery of Inatreq™ active, a natural origin fungicide developed by Corteva with proven effectiveness for many crops.

Corteva Agriscience, Bunge and Chevron Announce Collaboration to Produce Winter Canola to Meet Growing Demand for Lower Carbon Renewable Fuels

Retrieved on: 
Tuesday, March 14, 2023

Corteva Inc. (NYSE: CTVA), Bunge (NYSE:BG) and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today a commercial collaboration to introduce proprietary winter canola hybrids that produce plant-based oil with a lower carbon profile.

Key Points: 
  • Corteva Inc. (NYSE: CTVA), Bunge (NYSE:BG) and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced today a commercial collaboration to introduce proprietary winter canola hybrids that produce plant-based oil with a lower carbon profile.
  • The goal is to increase the availability of vegetable oil feedstocks primarily for the growing domestic renewable fuels market.
  • Bunge Chevron Ag Renewables, the joint venture between Bunge and Chevron, plans to contract with farmers to purchase the harvested winter canola crop and use the oil to produce renewable fuel.
  • The companies plan to continue to explore opportunities to sustainably improve farming options and produce lower carbon renewable fuels.

Lavoro Announces the Execution of Agreements to Acquire Referência Agroinsumos

Retrieved on: 
Monday, March 13, 2023

Lavoro Limited (Nasdaq: LVRO; LVROW), the first agricultural inputs distributor in Latin America to have its shares listed on Nasdaq, announces the execution of an agreement to acquire a controlling interest in Referência Agroinsumos.

Key Points: 
  • Lavoro Limited (Nasdaq: LVRO; LVROW), the first agricultural inputs distributor in Latin America to have its shares listed on Nasdaq, announces the execution of an agreement to acquire a controlling interest in Referência Agroinsumos.
  • "We are very happy with the arrival of Referência to the Lavoro group.
  • "We have great expansion plans for Referência in the coming years to strengthen our company's portfolio," adds Lavoro's CEO.
  • On March 1, 2023, Lavoro announced the beginning of trading of its shares on the Nasdaq stock exchange, under the ticker symbols "LVRO" and "LVROW".

Corteva Agriscience Announces Plant Breeding Innovation to Combat Corn Disease

Retrieved on: 
Friday, March 10, 2023

INDIANAPOLIS, March 10, 2023 /PRNewswire-PRWeb/ -- Corteva Agriscience (NYSE: CTVA) today announced a game-changing gene editing technology that will bring added protection to elite corn hybrids is advancing through the company's R&D pipeline. The early-stage concept uses proprietary technology to package multiple disease-resistant native traits into a single location in the gene to better address the most devastating North American corn diseases facing farmers today.

Key Points: 
  • INDIANAPOLIS, March 10, 2023 /PRNewswire-PRWeb/ -- Corteva Agriscience (NYSE: CTVA) today announced a game-changing gene editing technology that will bring added protection to elite corn hybrids is advancing through the company's R&D pipeline.
  • In 2021, Northern leaf blight, Southern rust, gray leaf spot and anthracnose stalk rot combined to cost North America corn growers more than 318 million bushels in production.
  • By using gene editing to combine and reposition disease resistant traits that already exist within the corn genome, Corteva is able to bolster disease tolerance and minimize production stress.
  • "This transformational technology represents the next generation of plant breeding innovation," said Sam Eathington, Chief Technology and Chief Digital Officer, Corteva Agriscience.

Corteva Agriscience Announces Commercial Launch of Vorceed™ Enlist® Corn Products

Retrieved on: 
Tuesday, March 7, 2023

INDIANAPOLIS, March 7, 2023 /PRNewswire/ -- Corteva Agriscience today announced plans for the commercial launch of Vorceed™ Enlist® corn products. U.S. farmers will access Vorceed Enlist corn technology across Pioneer® seeds, Dairyland Seed® and Brevant® seeds through the exclusive Corteva Horizon Network in areas of high corn rootworm (CRW) pressure in the Corn Belt.

Key Points: 
  • INDIANAPOLIS, March 7, 2023 /PRNewswire/ -- Corteva Agriscience today announced plans for the commercial launch of Vorceed™ Enlist® corn products.
  • U.S. farmers will access Vorceed Enlist corn technology across Pioneer® seeds, Dairyland Seed® and Brevant® seeds through the exclusive Corteva Horizon Network in areas of high corn rootworm (CRW) pressure in the Corn Belt.
  • "We're excited to bring the next generation of corn seed innovation to help farmers protect their yields from corn rootworm pressure," said Tim Glenn, Executive Vice President, Seed Business Unit for Corteva Agriscience.
  • *
    The new Corteva Horizon Network builds on the success of the PhytoGen® Horizon Network to give select farmers in the United States first access to use emerging products and technologies – like Vorceed Enlist corn products – across several Corteva seed brands.

Corteva Agriscience Completes Acquisitions of Symborg and Stoller

Retrieved on: 
Thursday, March 2, 2023

INDIANAPOLIS, March 2, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) cements its position as a global leader in the rapidly expanding Biologicals market with today's announcement that it has closed the acquisitions of Symborg, an expert in microbiological technologies based in Murcia, Spain; and Stoller, one of the largest independent companies in the Biologicals industry, based in Houston, Texas, U.S.

Key Points: 
  • "We are pleased to officially welcome Symborg and Stoller employees to Corteva.
  • Corteva first collaborated with Symborg to scale up and bring farmers Utrisha™ N and BlueN™ nutrient efficiency optimizers under a distribution agreement between the two companies.
  • Symborg possesses a diversified portfolio, emerging biocontrol pipeline, and skilled employees with robust technical knowledge and demand generation expertise.
  • The acquisitions of Symborg and Stoller were announced in the second half of 2022.

Corteva Agriscience to Participate in the Bank of America Securities 2023 Global Agriculture & Materials Conference

Retrieved on: 
Wednesday, February 22, 2023

INDIANAPOLIS, Feb. 22, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, will speak at the Bank of America Securities 2023 Global Agriculture & Materials Conference at 8:50 a.m. Eastern Time on Wednesday, March 1, 2023.

Key Points: 
  • INDIANAPOLIS, Feb. 22, 2023 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, will speak at the Bank of America Securities 2023 Global Agriculture & Materials Conference at 8:50 a.m. Eastern Time on Wednesday, March 1, 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 June 2, 2023.

Jord BioScience Announces Keri Carstens as Chief Executive Officer

Retrieved on: 
Tuesday, February 21, 2023

SAINT PAUL, Minn., Feb. 21, 2023 /PRNewswire/ -- Jord BioScience, a leading global provider of microbial solutions and technology to agriculture products companies, announced the appointment of Dr. Keri Carstens as its new Chief Executive Officer, effective February 16, 2023.

Key Points: 
  • SAINT PAUL, Minn., Feb. 21, 2023 /PRNewswire/ -- Jord BioScience, a leading global provider of microbial solutions and technology to agriculture products companies, announced the appointment of Dr. Keri Carstens as its new Chief Executive Officer, effective February 16, 2023.
  • All of Jord's stakeholders are thrilled that Keri has accepted the challenge," said Dr. Peter Innes, board member at Jord BioScience.
  • "I look forward to expanding Jord BioScience's impact in the market with Dr. Linda Kinkel, Chief Science Officer and Founder of Jord, and our talented team."
  • Kip Pendleton, who has served as Jord BioScience CEO since 2019, will continue as Executive Chairman and Board member, and will assist Carstens in her transition to Chief Executive Officer.

The Chemours Company Reports Fourth Quarter and Full Year 2022 Results, Provides Full Year 2023 Outlook

Retrieved on: 
Thursday, February 9, 2023

Fourth quarter 2022 Net Sales were $1.3 billion, (15)% lower than the prior-year quarter.

Key Points: 
  • Fourth quarter 2022 Net Sales were $1.3 billion, (15)% lower than the prior-year quarter.
  • Demand started to weaken, particularly in Europe and Asia Pacific, in the third quarter of 2022, and weakened further in the fourth quarter.
  • Fourth quarter Adjusted EBITDA of $54 million resulted in fourth quarter Adjusted EBITDA Margin of 17%.
  • Free Cash Flow for the fourth quarter of 2022 was $94 million vs. $131 million in the prior-year quarter.