The agreement in Europe reinforces the alliance already established to offer biological solutions in the United States, Canada, Brazil and Argentina
Corteva Agriscience and Symborg, an expert in microbiological technologies, announced today a multi-year agreement around a microbe-based nitrogen fixation. The agreement includes almost all countries on the European continent (except the Nordic countries and the Netherlands) and Israel.
Through the agreement, Symborg is providing an exclusive distribution license to Corteva for the endophytic bacterium Methylobacterium symbioticum, which works with the plant to secure needed nitrogen from the atmosphere. Corteva is leveraging its wide distribution network, market reach and extensive research and development capabilities.
Corteva will offer two brands, Utrisha™ N and BlueN™, both nutrient efficiency optimizers. This disruptive technology provides value through integrated nutrition management efficiency in natural field conditions, adapting to the plants’ growth needs and helping to sustainably maximize crop yield potential. It will be available for all food crops.
“Corteva Agriscience continues to bring new and innovative solutions to market by offering natural-origin products that work complementarily with our conventional crop protection solutions, such as Optinyte™ nitrogen stabilizer,” said Susanne Wasson, President, Crop Protection Business Platform, Corteva Agriscience. “We’re excited to work with Symborg to scale up and maximize sustainable options that help farmers meet changing environmental conditions while keeping their crops productive and healthy.”
Igor Teslenko, Corteva Agriscience President, Europe, added: “Corteva Agriscience continues to provide farmers with new and innovative solutions by offering natural-origin products that work complementarily with our crop protection solutions”.
This collaboration represents another step forward for Corteva’s expanding global Biologicals portfolio, which is dedicated to developing biostimulants, biocontrol and pheromone products with proven, predictable performance.
“The agreement reinforces our focus on improving sustainable nitrogen efficiency and availability, while enhancing yield potential and sustainability, in line with the Corteva Agriscience 2030 Sustainability Goals.”
“Symborg’s aim is to transform agriculture. Thanks to our innovative Biosolutions, we help growers address one of their main challenges: to combine profitability and sustainability,” said Jesús Juárez, founding partner and CEO of Symborg.
“Strengthening our collaboration with Corteva Agriscience in Europe is a great opportunity to boost the transfer of BlueN™ technology and to promote a more sustainable model. It is also an important development for agriculture, society at large and the planet.”
The terms of the agreement were not disclosed.
About Corteva Agriscience
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that provides farmers around the world with the most complete portfolio in the industry – including a balanced and diverse mix of seed, crop protection and digital solutions focused on maximizing productivity to enhance yield and profitability. With some of the most recognized brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the company is committed to working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. Corteva Agriscience became an independent public company on June 1, 2019, and was previously the Agriculture Division of DowDuPont.
More information can be found at www.corteva.com.
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Symborg is a biotechnology company in the agricultural sector that help farmers to maximize crop yields with minimum resources, contributing to a more sustainable agriculture. Symborg develops, manufactures and markets innovative biostimulants and biofertilizers for all types of crops and agricultural systems, increasing nutrient use efficiency, improving crop strengthening, crop’s physiological activity and tolerance to stress, thus optimizing and increasing its harvest potential and fruit quality. Due to its significant commitment to research development and innovation, Symborg has established itself as a leading agribusiness company delivering biological solutions. It currently has offices in Spain and Portugal, France, the USA, Brazil, Mexico, Chile, Peru, Turkey and China.
More information can be found at www.symborg.com.
Follow Symborg on Facebook, LinkedIn, Instagram, Twitter and YouTube.
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