DuPont and Sumitomo Chemical Company Announce Global Seed-Applied Technology Agreement
Global Collaboration Accelerates the Advancement of Seed-applied Technology to Bring New Innovation to Growers.This item has been supplied by a forage marketer and has not been edited, verified or endorsed by Hay & Forage Grower. DuPont and Sumitomo Chemical Company, Limited announced today a global agreement to collaborate on the development, registration and commercialization of seed-applied technologies for use in key crops around the world.
DuPont and Sumitomo Chemical formed this collaboration out of a shared objective to accelerate development and commercialization of novel seed-applied technologies to improve early plant growth and yields. The global agreement leverages the strengths of both companies, combining the conventional chemical and biological pipeline from Sumitomo Chemical, with the advanced seed technology and development and commercialization capability of DuPont Crop Protection, a business unit of DowDuPont Agriculture Division.
By combining the pipeline from Sumitomo Chemical with DuPont’s technology and capability, there is an opportunity to evaluate these technologies together, at much earlier stages, to understand the complementary characteristics of various product combinations. This early-stage collaboration will enhance current and future commercial products for seed-applied technologies.
“Sumitomo Chemical has made significant investments in rhizosphere technology research to enhance seed protection and maximize early plant development through chemical and biological agrosolutions,” said Kimitoshi Umeda, associate officer and general manager, AgroSolutions Division-International at Sumitomo Chemical Company. “Partnering with DuPont affords the access to their advanced seed technology, and when evaluated in combination with our seed protection and enhancement solutions, will generate new opportunities to develop complementary and novel seed-applied technologies for growers around the world.”
“We are excited about this collaboration with Sumitomo Chemical. The Sumitomo Chemical portfolio and pipeline will complement the investments DuPont has made in discovery, development and commercialization of seed-applied products. Partnering with Sumitomo Chemical early in the development process enables us to create higher performing seed-applied products for our customers,” said Mick Messman, director, DuPont Seed Applied Technologies.
Collaborations between DuPont and Sumitomo Chemical’s regional affiliate, Valent U.S.A. LLC., will focus on the North American region with potential expansion opportunities to multiple crop markets globally.
“This agreement exemplifies the power of collaboration by companies in the agriculture industry to bring growers the latest technology to improve their productivity,” added Umeda. “We look forward to future collaborations with DuPont, and pursue them in the spirit of creativity and innovation on behalf of our customers.”
About Sumitomo Chemical Company, Limited
Headquartered in Tokyo, Japan, Sumitomo Chemical is one of Japan’s leading chemical companies, offering a diverse range of products globally in the fields of petrochemicals, energy and functional materials, IT-related chemicals and materials, health and crop science products, and pharmaceuticals. The company’s consolidated net sales for fiscal year 2016 were JPY 2 billion. For additional information, visit the company’s website at www.sumitomo-chem.co.jp/english/.
About Valent U.S.A. LLC
Valent U.S.A. LLC, headquartered in Walnut Creek, Calif., develops and markets products in the United States, Canada and Mexico that protect agricultural crops, enhance crop yields, improve food quality, beautify the environment and safeguard public health. Valent products include a well-known line of quality herbicide, insecticide, fungicide and crop enhancement products for agricultural, seed protection and professional use. Valent is a leader in marketing and sales of both traditional chemical products and also biorational products developed by its affiliate, Valent BioSciences LLC. For more information about Valent or our full product line, please call 800-6-VALENT (682-5368) or visit valent.com.
About DowDuPont Agriculture Division
DowDuPont Agriculture, a business division of DowDuPont (NYSE: DWDP), combines the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences. Together, the Agriculture Division provides growers around the world with the most complete portfolio in the industry, developed through a robust research pipeline across germplasm, biotech traits and crop protection. DowDuPont Agriculture is committed to delivering innovation, helping growers increase productivity and ensuring food security for a growing global population. DowDuPont intends to separate the Agriculture Division into an independent, publicly traded company. More information can be found at www.dow-dupont.com.