Danisco Seed and Dow AgroSciences in arrangement to create canola varieties
June 01, 1999
by Teresa Acklin
COPENHAGEN, DENMARK — Danisco Seed and Dow AgroSciences L.L.C. have agreed to form a canola joint breeding program that will focus on developing new types and hybrids of the oilseed variety for global sale. The 50-50 joint venture will have its primary plant breeding facilities at Holeby, Denmark, and Saskatoon, Saskatchewan, Canada, with additional breeding operations in Germany and France.
The companies will share information on their canola seed portfolios, including genetics and germplasm, breeding materials and canola products. The goal is to develop improved canola varieties with better oil quality, meal quality and agronomic performance, Dow said.
The initial effort will be to develop varieties for North America and Europe, where canola is more commonly referred to as oilseed rape, and then expand into other markets. New varieties will be sold through each company's existing marketing channels.
Dow AgroSciences Canada Inc., which will oversee most of Dow's involvement in the joint venture, said it planned to use its existing Nexera canola brand name on all new varieties and hybrids marketed in Canada.
Danisco Seed, based in Copenhagen, is a division of Danisco A/S, a U.S.$27-billion company whose holdings also include food ingredients, sweeteners, flexible packaging and certain food and beverage brands. Dow AgroSciences L.L.C., headquartered in Indianapolis, is a wholly owned subsidiary of Dow Chemical Co.