Corteva Agriscience

Corteva Agriscience Overview

Company Headquarters: Indianapolis, US

Founded: 1989

Workforce: ~21,100

Company Working:

Corteva Agriscience develops, manufactures, and markets a wide range of products, including seeds and traits, crop protection, software, and digital solutions, seed treatments, forages, inoculants, vegetation management, pasture management, turf and ornamental, urban pest management, and oil. It is directly present in more than 50 countries and covers all major regions such as North America, Asia-Pacific, Latin America, Europe, and the Middle East & Africa. Corteva Agriscience is a subsidiary of Dow Chemical Company. Hence, the provided financial information is of the Dow Chemical Company.

Strategy

Corteva Agriscience focuses on engaging in collaborations to develop cutting-edge products, with an increasing focus on internal research and external alliance with major players. It is also involved in expanding its product portfolio using innovative technologies such as digital platforms.

Company Snapshot

$48,158M

Revenue

21,100

Employees

1989

Founded

Indianapolis, US

Headquarters

SWOT Analysis

Strengths

Strong customer base
Strong research and development department
Robust geographical presence

Weaknesses

Poor forecasting of product demand

Opportunities

Increasing opportunities in innovative product development
Strategic licensing agreements with large and small companies to increase the company’s distribution channel

Threats

Presence of established players in the market promotes cut throat competition
Changing currency rates

Key Developments

Date	Approach	Development
February 2019	Product Launch	Corteva Agriscience and MS Technologies launched Enlist E3 - triple-stack herbicide-tolerant soybeans in the US and are expected to contribute to over 10% of the total soybean plantation in the US and Canada by 2020.

Product Offering

Corteva Agriscience
- Pioneer Seeds
- Mycogen Seeds

Financial Performance

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