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Home > News > Company News > DuPont, Sumitomo Chemical Company Announce Global Agreement

DuPont, Sumitomo Chemical Company Announce Global Agreement

Feedstuffs 2017-12-05

DuPont and Sumitomo Chemical Company, Limited announced this week a global agreement to collaborate on the development, registration, and commercialization of seed-applied technologies for use in key crops around the world.

The companies said they formed the 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, the companies explained that there is an opportunity to evaluate the 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.”

Mick Messman, director of DuPont Seed Applied Technologies, said, “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.”

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 to pursue them in the spirit of creativity and innovation on behalf of our customers.”

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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