GFM Network News



DowDuPont announced Corteva as the name for its merged agribusiness in February 2018, ahead of its planned June 2019 spinoff. (Lisa Guenther photo)

Corteva cleared for spinoff

The combined agriculture businesses of Dow Chemical and DuPont have cleared the last of their regulatory hurdles to go ahead with their formal June 1 spinoff. The Delaware-based agribusiness, under the name Corteva, Inc., is scheduled to begin “when-issued” trading on the NYSE on May 24, and “regular way” trading on June 3, under the […] Read more


(Dow.com)

DowDuPont completes spinoff of materials science unit

Reuters — DowDuPont said Monday it had completed the spinoff of its materials science division as part of a plan to split the chemical producer into three separate units. Shares of the new division, Dow, will begin trading on the New York Stock Exchange on Tuesday. Dow and Dupont completed a US$130 billion merger in […] Read more

U.S. Senator Elizabeth Warren, who is seeking the Democrats’ 2020 nomination for president, greets Ella Clare Campbell after speaking in Memphis on March 17, 2019. (Photo: Reuters/Karen Pulfer Focht)

Democratic contender Warren targets corporate agriculture

Washington | Reuters — Democratic presidential contender Elizabeth Warren took aim on Wednesday at agricultural conglomerates, promising her administration would break up big agribusiness mergers that she said have hurt family farmers. Warren, a U.S. senator from Massachusetts and a fierce Wall Street critic, released a broad plan that she said would make it easier […] Read more


(Photo courtesy Water Management Research Unit, ARS/USDA)

U.S. EPA wins new chance to argue against pesticide ban

Reuters — The Trump administration has persuaded a U.S. appeals court to reconsider its recent decision ordering the Environmental Protection Agency to ban the widely-used pesticide chlorpyrifos, which critics say can harm children and farmers. In an order on Wednesday, the Ninth U.S. Circuit Court of Appeals said it will again review former EPA administrator […] Read more

(Staff photo)

Dow, DuPont pick new married name for agribusiness

Dow Chemical and DuPont’s combined agriculture chemical and seed businesses will take a new name when they spin off from the merged parent firm next summer. DowDuPont announced Monday the agribusiness, which will include DuPont Crop Protection, DuPont Pioneer and Dow AgroSciences, will rebrand as Corteva Agriscience after its spinoff, expected by June 1 next […] Read more


(DuPont.com, Dow.com)

DowDuPont upbeat on growth as sales rise

Reuters — U.S. chemicals producer DowDuPont reported a 14 per cent rise in net sales for the fourth quarter and beat Wall Street profit estimates as a strong global economy led to robust demand and higher prices for its products. The newly-combined company, formed by the merger of chemical giants Dow Chemical and DuPont four […] Read more

(Photo courtesy ARS/USDA)

French court suspends pesticides over potential harm to bees

Paris | Reuters — A French court suspended on Friday the licence for two pesticides made by Dow Chemical, citing uncertainty over environmental risks including their effects on bees. The preliminary ruling by an administrative court in the city of Nice overturned a decision by France’s health and environment agency ANSES in September to grant […] Read more


(CSX.com)

CSX customers demand end to shipping bottlenecks

Reuters — The head of No. 3 U.S. railroad CSX promised on Wednesday to improve service as companies such as Cargill demanded greater accountability and fewer delays, criticizing an overhaul CSX launched six months ago. Customers have complained of longer transit times, unreliable switching operations, inefficient car routings and poor communications with CSX customer service. […] Read more

(FMC.com)

FMC deal for DuPont assets wins clearances

The chemical company set to take up a significant chunk of DuPont’s crop protection work in Canada has picked up the last of the regulatory clearances it needs to close the deal. Philadelphia-based FMC Corp. announced Thursday it received the final approval needed, from the Competition Commission of India, to close the deal the company […] Read more