DuPont Reaffirms Bullish Outlook for Ag & Nutrition; Forms JV with Chinese Biotech Firm

DuPont says its agriculture and nutrition business platform is on track to meet its previously announced full-year 2007 outlook. The company expects sales from its ag and nutrition businesses to increase by about 10%, led by seeds revenue growth of about 15%. "With our positive momentum in North America and around the world, we are targeting to generate double-digit earnings growth through the foreseeable future," says J. Erik Fyrwald, group v.p. at DuPont. "Our rich product pipeline will continue to feed that growth with the release of new...

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