Research Agreement with Dow AgroSciences
Press Release Jan 10, 2012
Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: Dow), and Fraunhofer Institute for Molecular Ecology IME have announced a multi-year research agreement that brings together the expertise and technologies from both institutions.
Under the agreement, Dow AgroSciences and Fraunhofer IME will collaborate on multiple projects to develop novel biotechnology approaches to improve and enhance crops.
“It is a privilege to be collaborating with Fraunhofer IME, a world-class research and development institution,” says Daniel R. Kittle, global leader, Research & Development, Dow AgroSciences. “This significant agreement with Fraunhofer IME allows Dow AgroSciences’ researchers to work with some of the best teams of scientists in the world to improve plant biotechnology and deliver improved products to our customers.” Dow AgroSciences, based in Indianapolis, Indiana, USA, is a top-tier agricultural company providing innovative agrochemical and biotechnology solutions globally. The company, a wholly owned subsidiary of The Dow Chemical Company, has sales of $4.9 billion.
“It is a great honour for Fraunhofer IME to enter into this collaboration with Dow AgroSciences, one of the key players in modern agriculture,” says Prof. Dr. Rainer Fischer, Senior Executive Director of the Fraunhofer IME. “This collaboration will enable us to develop some of our most advanced technologies into innovative solutions for global needs and demands.”
The research will be carried out at Dow AgroSciences in Indianapolis and at Fraunhofer IME in Aachen and Giessen.