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Corteva, Inc.

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Corteva, Inc. - Food & Beverages showcase

Year Founded & Workforce

2019

21,000 Employees

Industry

Food & Beverages

Services

Pioneer
C

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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

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Key Developments

DateApproachDevelopment
February 2019CollaborationCorteva announced the strategic R&D ZeaKal, a plant science innovation, to improve the seed quality and crop yield.
February 2019ExpansionCorteva launched its official North-West & West Central regional headquarters in Casablanca, Morocco. With this, the company plans to expand its presence in Africa.
November 2018ExpansionCorteva announced the opening of its R&D lab in Kekaha, Hawaii, to expand its research capabilities.
February 2018ExpansionCorteva 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 2018Product LaunchCorteva announced the launch of a premium global seed brand named Brevant, to expand its product portfolio.
February 2019ExpansionCorteva opened its official North-West & West Central regional headquarters in Casablanca, Morocco. With this, the company plans to expand its presence in Africa.
February 2018ExpansionCorteva 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

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 10,684 Mn in 2017 to USD 13,846 Mn in 2019.
Corteva, Inc. — By Business Segment
Series (USD Mn)201720182019
Global Sales10,68414,28713,846

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