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Agrimarketing : November December 2009
Dow AgroSciences (DAS) and Pioneer Hi-Bred announce they have entered into a commercial cross-licensing agreement in which DAS is licensing non-exclusively its proprietary herbicide tolerant trait technology for soybeans to Pioneer which is licensing non-exclusively its proprietary Optimum GAT trait for soybeans to DAS. Both companies have given the other rights to stack additional traits with their respective technology. When stacked together, the Optimum GAT trait from Pioneer and the new herbicide tolerant trait technology being developed by DAS would produce soybeans that are tolerant to 2,4-D, glyphosate and ALS herbicides. Optimum GAT soybeans have received U.S. regulatory approvals and a 2011 introduction is anticipat- ed upon regulatory approvals in key importing countries. Pioneer also anticipates the introduction of five new ALS-based herbicide products for Optimum GAT soybeans, including DuPont's Freestyle, Trigate, Traverse, Instigate, and Diligent herbicides, upon U.S. and state approvals. CNH Global announces the appointment of Andreas Klauser as Pres/CEO of Case IH Agricultural Equipment. Klausers currently heads the Case IH Agricultural Equipment business in Europe and has been with the company for 19 years. Former Case IH President Randal Baker joins Joy Global as Exec VP and President/COO of its surface mining equipment business, P&H Mining Equipment. A global collaborative research has produced the first draft of the genome of a domesticated pig. A red-haired Duroc pig from a farm at the University of Illinois will now be among the growing list of domesticated animals that have had their genomes sequenced. The effort cost about $24.3 million, with additional support from the USDA Agricultural Research Service and many other American, Asian and European funders. Pierre Brondeau is named Pres/CEO of FMC and has been elected to its board. He replaces William G. Walter who will contin- ue as the Chairman of the Board until his retirement. Brondeau had been with Dow Chemical since September where he served as Pres/CEO of Dow Advanced Materials. Prior he was President/COO Rohm and Haas which was acquired by Dow earlier this year. Syngenta Ventures invests in Metabolon, a U.S. biotech company focused on the use of metabolomics in research and diagnostics. This is the first direct investment of Syngenta's newly established corporate venture capital subsidiary. Dr. Michiel van Lookeren Campagne is named Pres of Syngenta Biotechnology, Inc. (SBI) and will lead R&D at both of the company's key biotech facilities, in Research Triangle Park, NC, and Beijing, China. Prior was with Bayer CropScience. Elmo Wendorf joins Accelerated Genetics as Int'l Sls Mgr. He will be working directly with the sales rep- resentatives and distributors of World Wide Sire and GenerVations. Alamo Group Inc., completes the acquisition of the majority of the assets of Bush Hog. As consideration for the assets acquired, the company issued 1.7 million unregistered shares of Alamo Group Inc. common stock ($.10 par value) and assumed certain operating liabilities, though no funded debt. Bush Hog will continue to be run as a separate brand through its existing sales net- work. Duane Prentice, its Pres since September 2008, remains in that capacity. MANA Crop Protection acquires Bold Formulators, a leading custom formulator, manufacturer and pack- ager of agrichemical products, with facilities in Tifton and Ocilla, GA. Charles Sukup, Pres of Manufacturing is presented Iowa State University's George Washington Carver Distinguished Service award by Wendy Wintersteen, Endowed Dean of the College of Agriculture and Life Sciences. The Sukup family was also honored during the university's homecoming weekend as the lead donors for its new basketball complex. Digital Angel, South St. Paul, MN, an animal identification company, sells its UK unit, McMurdo, to France-based Orolia Group, for $10 million cash. Bayer CropScience opens a new $2.7 million, 12,000 square-foot Cotton Research and Development Laboratory in Lubbock, TX. Syngenta Seeds launches its North America sunflower business with a portfolio of 16 hybrids. The company is the global leader in sunflower sales worldwide with more than $200 million in sales during 2008. In August, Syngenta purchased the Monsanto hybrid sunflower seed business. Customers will be able to purchase Syngenta sunflowers from Garst, Golden Harvest and NK Seeds dealers. The company also announces the acquisition of two lettuce seed com- 6 Agri Marketing November/December 2009 AT CLOSING NEWS Klauser Dr. van Lookeren Campagen
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