The miracles of science™

Select Industry


DuPont Media Center, News, News Releases, Position Statements, Media Gallery, Pictures, Speeches, Media Room

News

DuPont News, May 7, 2009

R&D Pipelines + Local Investments = Bright Outlook for the Future

Robust research and development product pipelines and local investments in business infrastructure will continue to fuel double-digit growth of the DuPont Agriculture & Nutrition (A&N) business through 2013, said two DuPont leaders during an investor webcast yesterday.

Jim Collins, vice president and general manager - DuPont Crop Protection, and Daniel Glat, Pioneer regional director for international operations, explained how investments DuPont has been making will continue to drive the A&N businesses’ annual average earnings growth of greater than 15 percent through 2013.

“The investments we have been making in the crop protection pipeline are paying off now,” Jim said.  “The benefits DuPont and our customers have been experiencing from recent introductions of products like Rynaxypyr® are just the start of new answers that will help our customers improve their productivity and profitability.”

Jim projected the crop protection commercial pipeline will deliver USD 1 billion of new revenue by 2015.  Leading the way will be new insect control products such as Cyazypyr™ -- which Jim predicted could be as significant as Rynaxypyr® -- new herbicides for vegetation management expected to be launched in 2011, and new fungicide compounds.

“When you combine exciting new crop protection products like these with the Pioneer research pipeline, you can see why the DuPont agriculture business has an exceptional outlook for the future,” he said.  “Our global-scale research combined with a focus on individual farmer needs is what sets DuPont ahead of its competitors in our customers’ eyes.”

Daniel explained that DuPont will be growing global seed market share by at least one to two points in 2009, thanks to its local approach to farmers’ needs. 

“In the 70 countries where Pioneer does business, there are thousands of unique environments and farming practices.  Not every farmer can use the same set of products or traits.  That’s why we invest in local R&D, sales and support people, and local seed production to make sure we understand our customers’ needs and help them get the right product on the right acre,” Daniel said.

To learn more, visit the DuPont Investor Center to listen to a recording of this webcast.

 

Bookmark and Share