Corteva Inc - Company Profile
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Business Description
Corteva Inc (Corteva) is an agricultural chemical and seed company. It provides a comprehensive range of seed, crop protection, and digital solutions. The combination of these two platforms creates one of the widest portfolios of agriculture solutions in the industry. The company’s operations are managed through two reportable segments: Seed and Crop Protection. In FY2023, Corteva Inc’s capital expenditure stood at US$595 million, which declined 1.7% YoY.
R&D Overview
To enhance the quality of Corteva’s seed products, solutions, and product characteristics it involves in R&D supply chain operation. Its agriscience's research and development teams identified innovation criteria for new product development and stage-gate product pipeline advancements. It supports company objectives from improving the resilience of agricultural production to reducing waste and product application efficiency, and greenhouse gas emissions. The company invested US$1,337 million in FY2023, which is 7.8% of total revenue.
Business Segments
Overview
Supplies products to protect crop yields against weeds, insects, and disease. Offers crop protection solutions that helps to improve productivity and profitability.
Performance
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Overview
Develops and supplies commercial seed by combining superior germplasm. Offers trait technologies to improve resistance towards weather, disease,and insects
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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