Dow AgroSciences and Chromatin Announce Exclusive Commercial License Agreement for Unique Sorghum Genetics
November 10 2016 - 8:00AM
Business Wire
Chromatin Inc., an agriculture technology company, has signed an
exclusive license agreement for unique sorghum genetic stocks
developed by Agrigenetics Inc., an affiliate of Dow AgroSciences
LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE:
DOW).
Under the license agreement, Chromatin is deploying Dow
AgroSciences’ sorghum technology to launch new, market-leading
products in multiple key sorghum markets outside of the United
States. “Chromatin has assembled and developed the industry’s
leading product pipeline for sorghum,” said Daphne Preuss, CEO,
Chromatin. “The materials licensed from Dow AgroSciences add
critically important genetic diversity and allow Chromatin to bring
higher yielding crops to our international customers.”
“At Dow AgroSciences, our innovative sorghum hybrids have wide
adaptability around the world, and this agreement with Chromatin
will help meet the demand for new products with higher yield and
stability in sorghum-growing geographies,” said Rolando Meninato,
vice president, Seeds, Dow AgroSciences.
Sorghum is undergoing increasing global demand due to its
ability to produce food, livestock feed and biofuel feedstocks on
marginal land with limited water resources. Sorghum has become an
increasingly important contributor to global agriculture because of
its broad geographic range, rapid growth and adaptation to drought.
The new hybrid products will be sold through Chromatin’s
international networks, including South America, Africa and Asia,
where sorghum adoption is rapidly growing.
About Dow AgroSciences
Dow AgroSciences discovers, develops, and brings to market crop
protection and plant biotechnology solutions for the growing world.
Based in Indianapolis, Indiana, USA, Dow AgroSciences is a wholly
owned subsidiary of The Dow Chemical Company and had annual global
sales of $6.4 billion in 2015. Learn more at www.dowagro.com.
Follow Dow AgroSciences on Facebook, Twitter, LinkedIn, and
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About Chromatin, Inc.
Chromatin Inc. is 100 percent committed to sorghum - a crop that
can be grown on 80 percent of the world’s arable land. Chromatin
develops and sells hybrid sorghum planting seed for both
traditional agriculture markets and for uses in new applications
such as sustainable fuels. Growers and producers around the world
are attracted to sorghum’s rapid maturation, tolerance to heat,
cold and drought and high yields. Chromatin is headquartered in
Chicago and exports hybrid sorghum seed from production plants in
Texas, Australia, South America and Africa to over 40 countries
around the world. For additional information, please visit
www.chromatininc.com
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version on businesswire.com: http://www.businesswire.com/news/home/20161110005734/en/
Dow AgroSciencesKenda Resler Friend,
317-337-4743kresler@dow.comorChromatinNestor Carrillo,
773-677-6952nestor@chromatininc.com
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