Corteva, Inc.

Corteva, Inc. Overview

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Founded: 2019

Workforce: ~21,000

Company Working: Corteva, Inc. (Corteva) is involved in the manufacturing of agricultural chemicals and seeds. After the merger, historical Dow and E. I. du Pont de Nemours and Company engaged in a series of internal restructuring and rearrangement steps to realign their businesses into three divisions: agriculture, materials science, and specialty products. Corteva is an agricultural division of DowDuPont. It operates under two business segments, namely, seed and crop protection. The company also offers software solutions and digital services. It has a sales presence in over 120 countries across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. It has over 104 manufacturing facilities located all across the globe.

Strategy

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Company Snapshot

$10,684M

Revenue

21,000

Employees

2019

Founded

Wilmington, US

Headquarters

SWOT Analysis

Strengths

Strong product portfolio with product depth
Industry-leading innovation capabilities

Weaknesses

Limited presence in underdeveloped markets

Opportunities

Lucrative growth opportunities in regions such as Asia-Pacific, South America, and parts of the Middle East & Africa
Lucrative growth opportunities in regions such as Asia-Pacific, South America, and parts of the Middle East & Africa regions

Threats

Failure to mitigate the threat of counterfeit products

Key Developments

Date	Approach	Development
February 2019	Collaboration	Corteva announced the strategic R&D ZeaKal, a plant science innovation, to improve the seed quality and crop yield.
February 2019	Expansion	Corteva launched its official North-West & West Central regional headquarters in Casablanca, Morocco. With this, the company plans to expand its presence in Africa.
November 2018	Expansion	Corteva announced the opening of its R&D lab in Kekaha, Hawaii, to expand its research capabilities.
February 2018	Expansion	Corteva announced the opening of the Bay Area Innovation Center (BAIC), a newly expanded state-of-the-art R&D facility. With this, the company will focus on agricultural biotechnology discovery.
February 2018	Product Launch	Corteva announced the launch of a premium global seed brand named Brevant, to expand its product portfolio.
February 2019	Expansion	Corteva opened its official North-West & West Central regional headquarters in Casablanca, Morocco. With this, the company plans to expand its presence in Africa.
February 2018	Expansion	Corteva announced the opening of the Bay Area Innovation Center (BAIC), a newly expanded state-of-the-art research and development facility. With this, the company will focus on agricultural biotechnology discovery.

Product Offering

Corteva, Inc.
- Pioneer

Financial Performance

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