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Corteva

Corteva, Inc.
TypePublic
ISINUS22052L1044 Edit this on Wikidata
IndustryAgricultural chemicals
Predecessors
FoundedMarch 2018; 8 years ago (2018-03)
Headquarters
Indianapolis, Indiana
,
U.S.
Key people
RevenueIncrease US$17.401 billion (2025)
Increase US$1.204 billion (2025)
Increase US$1.105 billion (2025)
Total assetsIncrease US$42.845 billion (2025)
Total equityIncrease US$24.144 billion (2025)
Number of employees
21,500 (2025)
ParentDowDuPont (2018–2019)
SubsidiariesPioneer Hi-Bred International
Websitecorteva.com
Footnotes
[1]

Corteva, Inc. (also known as Corteva Agriscience) is an American company devoted to products for seeds and crop protection,[1] including herbicides, insecticides, fungicides, and biologicals (natural herbicides) that are sold in 110 countries.[1] The company's name combines "cor" (Latin for "heart") with "teva" (the Hebrew word for nature).[2] It is headquartered in Indianapolis, Indiana. Its primary brand is Pioneer Hi-Bred International.

History

After the merger of the Dow Chemical Company and DuPont to form DowDuPont in August 2017, Corteva was formed in March 2018 as a subsidiary handling the parent company's agriculture activities, which focused on seeds and crop protection.[3][4] In June 2019, DowDuPont completed the corporate spin-off of the company and Corteva became a public company.[5] Included in the spin-off was E. I. du Pont de Nemours and Company, the former corporate entity of DuPont which was designated as the predecessor to Corteva and was renamed to EIDP, Inc. in January 2023.[3][6]

In March 2019, Corteva commissioned Charles River Laboratories to test its new fungicide on 36 beagles. Corteva argued that such testing is required by regulatory authorities but, after outrage from the Humane Society of the United States, the company agreed to stop the tests and release the animals to Michigan Humane for adoption.[7][8][9]

In February 2020, Corteva ceased production of the pesticide chlorpyrifos due to declining sales after the product was linked to neurological problems in children and following bans in the European Union and some US states.[10]

In March 2023, the company acquired Stoller Group, a maker of natural pesticides for $1.2 billion. It also acquired Symborg, an expert in microbiological technologies based in Murcia, Spain.[11][12] This was part of an overall strategy to grow and strengthen an emerging biologicals product portfolio.

In November 2024, the company partnered with BP to develop a low carbon intensive bio-feedstock for the production of aviation biofuel.[13] Also in November 2024, the company acquired the naming rights to the Indiana Farmers Coliseum at the Indiana State Fairgrounds. In 2025, the company introduced Forcivo, a fungicide for corn and soybeans containing flutriafol, azoxystrobin, and fluindapyr and targeting tar spot, southern rust, and frogeye leaf spot.[14] In September 2025, the Wall Street Journal reported the company was exploring a breakup that would separate its seed and pesticide businesses.[15] The company confirmed it planned to separate the businesses in October 2025.[16][17] In May 2026, Corteva announced the name Vylor for its seed and genetics business.[18]

In July 2020, a U.S. appeals court ruled that Corteva can continue to sell Enlist Duo, which contains 2,4-D choline and glyphosate, after environmentalists attempted to block sales of the chemical due to its claimed negative effects on plants and wildlife. However, the court ruled that the U.S. Environmental Protection Agency properly relied on studies that showed that the volatility of 2,4-D choline salt will not cause unreasonable harm to the environment.[19]

In August 2022, Bayer sued Corteva for breach of contractual obligations related to the development and commercialization of E3 soybeans. Corteva then sued Bayer, alleging that Bayer infringed upon its patents on a gene used in Enlist Corn, which is resistant to herbicides such as Roundup.[20] In May 2025, the case was paused until the US Supreme Court considers whether to take up a separate patent-related case.[21]

In September 2022, the Federal Trade Commission sued Syngenta and Corteva, challenging certain US-based discount programs that allegedly block and restrict generic competition from pesticide markets.[22][23][24] In January 2024, a federal judge denied a motion to dismiss the lawsuit.[25]

See also

References

  1. ^ a b c "2025 Annual Report (Form 10-K)". United States Securities and Exchange Commission. February 12, 2026.
  2. ^ "Brand Positioning & Purpose". Presciant. Retrieved August 6, 2026.
  3. ^ a b "2021 Annual Report (Form 10-K)". United States Securities and Exchange Commission. February 10, 2022. Retrieved August 6, 2026.
  4. ^ Trager, Rebecca (March 1, 2018). "DowDupont names its three new separate businesses". Chemistry World. Retrieved June 3, 2026.
  5. ^ "Corteva Agriscience, Agriculture Division of DowDuPont, Provides Pipeline Update" (Press release). PR Newswire. February 28, 2019. Retrieved August 6, 2026.
  6. ^ Samora, Sara (May 3, 2023). "DuPont found negligent, fined $16M in Texas plant explosion". Manufacturing Dive. Informa TechTarget. Retrieved June 3, 2026.
  7. ^ Sun, Mimi Hsin Hsuan (April 13, 2019). "Beagles force-fed pesticides, now released and up for adoption". CNN. Retrieved August 6, 2026.
  8. ^ Schafer, Ashley (March 13, 2019). "Humane Society criticizes Corteva Agriscience for testing pesticides on beagles in Michigan lab". Midland Daily News. Retrieved August 6, 2026.
  9. ^ Golgowski, Nina (March 19, 2019). "Chemical Company Agrees To Stop Force-Feeding Beagles With Fungicide". HuffPost. Retrieved August 6, 2026.
  10. ^ Boudreau, Catherine (February 7, 2020). "Corteva phasing out controversial insecticide". Politico. Retrieved August 6, 2026.
  11. ^ "Corteva Agriscience Completes Acquisitions of Symborg and Stoller" (Press release). PR Newswire. March 2, 2023. Retrieved August 6, 2026.
  12. ^ Freitas, Tatiana; Elkin, Elizabeth (November 30, 2022). "Corteva to Buy Stoller in $1.2 Billion Deal to Boost Biologicals". Bloomberg News. Retrieved August 6, 2026.
  13. ^ "Corteva Announces Intent to Partner with bp to Develop Low Carbon Intensity Bio-Feedstock for Aviation Fuel Production" (Press release). PR Newswire. November 18, 2024. Retrieved August 6, 2026.
  14. ^ Held, Adrienne (June 5, 2025). "Corteva Introduces Forcivo Fungicide". Dotdash Meredith. Retrieved August 6, 2026.
  15. ^ Thomas, Lauren; Thomas, Patrick (September 12, 2025). "Corteva, a $50 Billion Seed-and-Pesticide Maker, Is Exploring a Breakup". The Wall Street Journal. Retrieved January 11, 2026.
  16. ^ Anthony, Martial (December 5, 2024). "S8". Retrieved August 6, 2026.
  17. ^ Thomas, Patrick; Hart, Connor (October 1, 2025). "Corteva to Spin Seed Business Into Separate Company". The Wall Street Journal. Retrieved January 11, 2026.
  18. ^ "Introducing Vylor: Corteva Spinoff to Propel Agriculture Further" (Press release). PR Newswire. May 4, 2026. Retrieved August 6, 2026.
  19. ^ Polansek, Tom (July 23, 2020). "U.S. court allows sales of Corteva weed killer, adding to edge over Bayer". Reuters. Retrieved August 6, 2026.
  20. ^ Yasiejko, Christopher (August 15, 2022). "Corteva Sues Bayer's Monsanto Over Roundup-Resistant Corn Patent". Bloomberg Law. Retrieved August 6, 2026.
  21. ^ Yasiejko, Christopher (May 17, 2025). "Corteva Appeal Over Bayer Corn Paused for High Court Patent Case". Bloomberg Law. Retrieved August 6, 2026.
  22. ^ "Syngenta and Corteva, FTC v." Federal Trade Commission. Retrieved August 6, 2026.
  23. ^ "FTC and State Partners Sue Pesticide Giants Syngenta and Corteva for Using Illegal Pay-to-Block Scheme to Inflate Prices for Farmers" (Press release). Federal Trade Commission. September 29, 2022. Retrieved August 6, 2026.
  24. ^ Thomas, Patrick (September 27, 2023). "Top Agriculture Company Corteva Accuses Startup of Stealing Seeds". The Wall Street Journal. Retrieved August 6, 2026.
  25. ^ Scarcella, Mike (January 16, 2024). "Syngenta, Corteva must face FTC lawsuit over pesticide 'loyalty programs'". Reuters. Retrieved August 6, 2026.
  • Official website
  • Business data for Corteva, Inc.:

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