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DuPont Outlines Growth Strategy For Seed Business - Quick Facts

At the Eighteenth Annual Goldman Sachs Agribusiness Conference, Chemicals giant DuPont's leader Paul Schickler outlined growth drivers for the seed business, highlighting opportunities in key global agricultural markets and the recent launch of the Encirca(SM) services platform for U.S. growers. He said in a statement, "With an expected increase in population, urbanization and a rapidly emerging middle-class, we must become more productive on our existing land base." This would require science-based, sustainable solutions for the farmer and food company customers.

Over the next five years, the company expects nearly half of its growth in the Agriculture division to come from outside of North America focused mainly in the key markets of Latin America, Eastern Europe, India and China.

The global seed pipeline reinforces an integrated approach to product development and highlights agricultural solutions via. differential breeding, plant protection traits, corn agronomic traits, soybean output traits and hybridization systems. These solutions build on the recent product success of Optimum AQUAmax corn hybrids and Optimum AcreMax corn products validated by last year's gain of more than one point in North America corn market share, according to the company.

With respect to the whole-farm decision services, "Our approach to whole-farm decision services is different," said Schickler. "We are offering growers tailored services - no matter the brand - and personalized advice through trusted, local agents."

by RTT Staff Writer

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