The Dow Chemical Company : Australian Centre for Plant Functional Genomics, Dow AgroSciences to Collaborate on Crop Development
08/15/2012| 06:05pm US/Eastern
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Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company
(NYSE: DOW), and the Australian Centre for Plant Functional Genomics
(ACPFG) have entered into a crop improvement research, option, and
license agreement to discover and develop new traits for crop
improvement.
Under terms of the agreement, both ACPFG and Dow AgroSciences will
utilize their trait discovery and development capabilities to create
plants with improved environmental stress response and agronomic
performance.
"We're excited to partner with the scientists at ACPFG," stated Daniel
R. Kittle, Ph.D., global leader, Research & Development, Dow
AgroSciences. "As a leader in plant genetics and genomics research,
ACPFG has key capabilities in understanding the basic mechanisms of how
plants respond to stress. Together, we have the potential to bring
valuable new solutions to the agricultural market and farmers around the
world."
Dale Baker, the Chairman of ACPFG, said "Dow AgroSciences is a
significant company in grain development and production. This
collaboration will mean that Australian growers have greater access to
international resources and know-how. It will help us to ensure
food-security and manage the adverse effects of climate variability." He
added, "The support of our core funders has been instrumental in
attracting Dow to Australia."
Financial terms of the agreement were not disclosed.
About Dow AgroSciences
Dow AgroSciences, based in Indianapolis, Indiana, USA, develops
leading-edge crop protection and plant biotechnology solutions to meet
the challenges of the growing world. Dow AgroSciences is a wholly owned
subsidiary of The Dow Chemical Company and had annual global sales of
$5.7 billion in 2011. Learn more at www.dowagro.com.
Follow Dow AgroSciences on Facebook and
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Release RSS Feed.
About Australian Centre for Plant Functional Genomics
ACPFG was established in 2003 by the South Australian Government and the
Australian Federal Government through the Australian Research Council
and the Grains Research and Development Corporation. ACPFG scientists
improve cereal crops' tolerance to environmental stresses such as
drought, heat, salinity and nutrient toxicities; major causes of yield
and quality loss throughout the world and significant problems for
cereal growers. The future resilience of our food production systems in
the face of a changing climate will depend upon the development and
delivery of new technologies. For more information about ACPFG please
see the ACPFG
website, Twitter,
Facebook
and the ACPFG YouTube
channel.
Dow AgroSciences
Robyn Heine, 317-337-4807
rheine@dow.com
OR
ACPFG
Dr.
Andrew Jacobs, +61 8 8313 7423
andrew.jacobs@acpfg.com.au
© Business Wire 2012
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