Fertilizer company Corteva on Tuesday named Luke Kissam as chief executive officer of “New Corteva,” the crop protection business it is spinning off, effective June 1.
Tag Archives crop protection
Corteva taps Luke Kissam to lead crop protection unit after spinoff
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Biologicals business Catalera receives funding boost
Vancouver company Catalera BioSolutions, which has ambitions of making biologicals “the future” of crop protection and pest solutions has secured investment from a major player in Canada’s agricultural industry.
FBN planning expansion of product line
FBN is planning a future expansion of its product line to include things like financial products and more inputs including canola seed.
Corteva cuts sales forecast on weak demand for crop protection products
Net seed sales rose eight per cent from a year ago, aided by strong prices and increased corn acres
Reuters – Agricultural chemical and seed company Corteva CTVA.N cut its annual sales expectations as demand for its crop protection products showed signs of contraction. Rise in carrying cost of stock for distributors driven by higher interest rates and improved product availability have taken a toll on demand for crop protection products such as herbicide […] Read more
Feds lift ‘pause’ on increases in crop chemical MRLs
New set of rules also calls for 'cosmetic' pesticide use to be banned on federal lands
Proposals to increase a crop chemical’s maximum residue limits (MRLs) on foods and food crops in Canada can again seek federal approval, after being put on temporary hold two years ago. Among several other changes, a planned new package of federal regulatory amendments will put a gradual end to a “pause” imposed in August 2021 […] Read more
Corteva to buy biological plant stimulant firm Stoller
Corteva paying US$1.2 billion cash
One of the majors in seed and crop protection is set to further expand its reach in the crop biologicals sector with a deal to buy the Stoller Group. Corteva Agriscience said Wednesday it had signed a “definitive agreement” to buy Houston-based Stoller in an all-cash acquisition worth US$1.2 billion (C$1.61 billion), which it expects […] Read more
Adama to buy control of major Chinese ag chem maker
Tel Aviv | Reuters — Israeli crop protection firm Adama said Thursday it will acquire a majority stake in Jiangsu Huifeng Bio Agriculture’s crop protection plants for about US$175 million. In the first phase, it will buy 50 per cent of Shanghai Dibai Plant Protection, a wholly owned subsidiary of Huifeng focused on the sale […] Read more
Mergers spawn expanded supply network for input dealers
A wholesale buying network set up by and for independent Prairie crop input retailers, against a rising tide of industry consolidation, is now growing through consolidation. The Prairie retailers, who in 2010 set up Grow Community of Independents to collectively build up their retail and agronomic offerings, are now independent members of a new entity, […] Read more
Crop chemical maker FMC aims for growth after DuPont deal
Reuters — Pesticide seller FMC Corp. will aim for its industry’s fastest revenue growth with the help of assets acquired from rival DuPont, even as farm markets struggle to recover, CEO Pierre Brondeau said on Monday. Philadelphia-based FMC will focus on increasing sales of crop chemicals developed internally, and avoid big acquisitions for a few […] Read more
BASF still out for ag chem deals
Frankfurt | Reuters –– German chemicals giant BASF said it would continue to push for acquisitions to shore up its crop protection business, after the antitrust-related sale of assets from the merger of Dow Chemical and DuPont left it empty-handed. “We are generally interested in strengthening our business further, acquisitions are part of that, that […] Read more
