IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Seeds and traits

DuPont Outlines Seed Growth Drivers

9:45 AM MDT | June 14, 2011 | Rebecca Coons

 DuPont reaffirmed that it expects its Agriculture and Nutrition reporting segment, which includes seed, crop protection, and nutrition and health business, to deliver annual sales growth of 8%-10% through 2015 and increase operating margins to 19%-21% over the same period.  Volume gains and price improvements indicate strong financial results for 2011, and the company expects 55% of its customers to switch from its triple-stacked trait corn Herculex XTRA customers to plant its new AcreMax 1 reduced refuge seeds during the 2012 season. "The...

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