Bay City, Michigan 48706
Front Page Photo of the Day Log-IN About us
Home Second Floor The Experts Events Podcasts Community Arts/Theater
Business Schools Government Downtown Local News Opinion Health/Fitness
Events Groups & Non-Profits
Issue 1561 November 25, 2012
(Prior Story)   Business ArTicle 9662   (Next Story)
Sponsored by Bay Area Chamber of Commerce


Dow AgroSciences scientists talk plants in company greenhouse.

DOW AGRO GROWS: Brazilian Seed Firm Acquisition Strengthens Soybean Area

January 31, 2015       Leave a Comment
By: Dave Rogers

Printer Friendly Story View

The Midland-based Dow Chemical Company is growing its seed business and is one of the largest and fastest-growing soybean seed companies in the world.

Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW), has announced the acquisition of Brazilian firm Coodetec's seed business.

This acquisition marks the second largest by Dow AgroSciences and is in line with Dow's plans to expand participation in attractive, high-value growth markets, a key component of the Company's strategy. The acquisition also expands the Company's corn and soybean genetics, and strengthens the Company's breeding and production capabilities in the Americas.

The acquisition further enables growth for Dow AgroSciences in Brazil with strategic corn and soybean traits technology, including POWERCORE (tm) and new technologies under development such as Conkesta (tm), and the Enlist (tm) Weed Control System.

"With this transaction, Dow AgroSciences accelerates its entry into the soybean market in Brazil, a strategic focus of the Company's growth. The objective is to increase market share in soybean seeds in the short term. Furthermore, it strengthens the Company's position in the corn market and marks the entry into wheat seeds in the country," said Rolando Meninato, Vice President, Seeds Business, Dow AgroSciences.

The conclusion of the Coodetec acquisition also represents a significant addition to Dow AgroSciences' soybean capabilities across the Americas, enhancing the Company's genetics portfolio, operations breeding, and ramp-up of new technologies.

"This acquisition will benefit U.S. farmers by enabling Dow AgroSciences seed brands to offer growers even more high performing corn and soybean germplasm with the characteristics growers are looking for," said Brian Barker, General Manager, U.S. Seeds, Dow AgroSciences.

It is expected that the current operational structure of Coodetec will be maintained. A team is being led by Vitor Cunha, former Regional Sales Director for Dow AgroSciences, who is now overseeing the operation as General Manager. Ivo Carraro will remain Coodetec's Administrative Director.

Dow AgroSciences discovers, develops, and brings to market crop protection and plant biotechnology solutions for the growing world. Based in Indianapolis, Indiana, USA, Dow AgroSciences is a wholly owned subsidiary of The Dow Chemical Company and had annual global sales of $7.3 billion in 2014. Learn more at www.dowagro.com.

###

Printer Friendly Story View
Prior Article

June 26, 2017
by: Jesse Pero
ARTS & CULTURE . . . What's NEXT?
Next Article

June 22, 2017
by: MyBayCity Staff
Bay City Players Announces the Cast for 'NICE WORK IF YOU CAN GET IT'
Agree? or Disagree?


Dave Rogers

Dave Rogers is a former editorial writer for the Bay City Times and a widely read,
respected journalist/writer in and around Bay City.
(Contact Dave Via Email at carraroe@aol.com)

More from Dave Rogers

Send This Story to a Friend!       Letter to the editor       Link to this Story
Printer-Friendly Story View


--- Advertisments ---
     


0200 Nd: 06-20-2017 d 4 cpr 1





SPONSORED LINKS

LOCAL LINKS
(Ads not affiliated with Google)




Ads By MyBayCity.com
Jean Ann Deshano
www.baycityhomes.net
Foreclosure List

Ads By MyBayCity.com
Jeff Kelly State Farm
Retiring someday? See me today
https://www.statefarm.com/agent/US/MI/Essexville/Jeff-Kelly-M05J369FDGE

Ads By MyBayCity.com
Historical Press - By Dave Rogers
Purchase Your Copy Today!
http://www.amazon.com/D.Laurence-Rogers/e/B001KCA8ZY/ref=ntt_athr_dp_pel_pop_1





Designed at OJ Advertising, Inc. (V3) (v3) Software by Mid-Michigan Computer Consultants
Bay City, Michigan USA
All Photographs and Content Copyright © 1998 - 2017 by OJA/MMCC. They may be used by permission only.
P3V3-0200 (1) 0   ID:Default   UserID:Default   Type:reader   R:x   PubID:mbC   NewspaperID:1561
  pid:1560   pd:11-18-2012   nd:2017-06-20   ax:2017-06-24   Site:5   ArticleID:9662   MaxA: 999999   MaxAA: 999999
CCBot/2.0 (http://commoncrawl.org/faq/)