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TheStreet Open House

DuPont Leader Updates 2013 Agriculture Research Pipeline With Investors

Stocks in this article: DD

NEW YORK, Feb. 26, 2013 /PRNewswire/ -- At the Goldman Sachs 17 th Annual Agribusiness Conference today, DuPont Executive Vice President James C. Borel highlighted 2013 growth drivers and advancements of its agriculture research pipeline to sustain innovation across its seed, crop protection and nutrition and health businesses.  Recent portfolio changes continue to solidify DuPont's unique ability to address the global food security challenge by providing solutions across the food value chain.

"Ongoing global dynamics like increased urbanization in developing economies and consumer demand for protein-rich diets continue to strain today's agriculture and food system.  Farmers, grocers and food manufacturers seek new innovations to produce and package safe, nutritious food," said Borel.  "DuPont is uniquely positioned to leverage science to provide options and local solutions that help feed a growing global population."

DuPont's recent acquisition of Danisco and full ownership of Solae further strengthen the company's ability to bring new innovation and solutions to customers across the food value chain.

Borel discussed the 2013 agriculture research pipeline that features an integrated approach to product development including germplasm, native and biotech traits, with 12 product advancements including 4 program additions as a result of sustained R&D efforts.

Following the strong commercial launches of Optimum® AQUAmax™ hybrids, Optimum® AcreMax® insect protection and Optimum® AcreMax® Xtra products in 2012, this year's pipeline advancements underscore DuPont Pioneer's progress in bringing local solutions to growers' biggest challenges.  Together with the solid growth of DuPont Crop Protection's DuPont™ Rynaxypyr®, and launches of DuPont™ Cyazypyr™, Dermacor® seed treatment and Penthiopyrad, DuPont's Agriculture pipeline is delivering today and poised for future growth.

"Our ability to unlock our strong seed germplasm potential using biotechnology, sustainable chemistry profiles and leading nutrition science demonstrates DuPont science at work for the global marketplace.  Our unique routes-to-market, application development capabilities and local footprint ensures a close relationship with growers and food companies alike to bring tangible solutions from the ground up," Borel said.

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