Indianapolis, Indiana and Phoenix,
Arizona
June 2, 2009
Dow AgroSciences, a wholly owned subsidiary of The Dow
Chemical Company, and World
Wide Wheat (W3) LLC of Phoenix, Ariz., announced today a
collaboration agreement for the development and
commercialization of advanced germplasm and traits in wheat.
The concept of the collaboration is to couple Dow AgroSciences'
expertise in Seeds and Traits with W3’s proprietary wheat
germplasm and robust breeding capabilities. Dow AgroSciences’
experience in seed and trait commercialization will be leveraged
to bring the next generation of wheat to market. W3 brings more
than 40 years of plant breeding to the collaboration and will be
able to leverage Dow AgroSciences’ reach in key global markets
such as North America, Latin America, Europe and Australia.
“We are very pleased to be working with W3, an industry leader
in wheat breeding, to launch a portfolio of new products in the
near future,” said Jerome Peribere, President and CEO of Dow
AgroSciences. “This collaboration will build upon our current
seed portfolio by expanding into wheat -- a very important
global crop which supplies a significant amount of the daily
nutrition in human diets. And, we look forward to utilizing our
R&D breeding and trait technologies such as EXZACT™ Precision
Technology to bring advancements in productivity and quality to
market.”
“We are excited to collaborate with Dow AgroSciences, a
significant player in Seeds and Traits,” said Sheldon
Richardson, Chairman and CEO of W3. “With Dow AgroSciences as
our partner, we can leverage customer relationships within the
food chain and their marketing and commercialization expertise.
Our four decades of plant breeding experience brings a wide
diversity of germplasm offering of high yielding varieties
developed for markets around the world.”
About World Wide Wheat (W3)
World Wide Wheat (W3), headquartered in Phoenix, is one of the
world’s leading independent plant breeding companies whose
research is devoted to the improvement of wheat, barley and oats
- major food crops of the world. World Wide Wheat operates
research stations in 18 countries, producing superior varieties
of cereal grains that are not genetically modified. For more
information see
www.worldwheat.com.
About Dow AgroSciences
Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a
top-tier agricultural company that combines the power of science
and technology with the "Human Element” to constantly improve
what is essential to human progress. Dow AgroSciences provides
innovative technologies for crop protection, pest and vegetation
management, seeds, traits, and agricultural biotechnology to
serve the world's growing population. Global sales for Dow
AgroSciences, a wholly owned subsidiary of The Dow Chemical
Company, are $4.5 billion. Learn more at
www.dowagro.com.
™Trademark of Dow AgroSciences LLC |
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