South Africa Conditionally Approves Dow, DuPont Merger

The Competition Commission of South Africa announced its conditional approval of Dow Chemical Co. and DuPont Co.’s $130-billion merger.

The decision follows recent conditional approvals from global antitrust authorities in Canada and Mexico and from the U.S. Department of Justice on June 15.

In order to address concerns relating to competition and maize seed, Dow will make available 81 maize hybrids and 7 maize inbred lines to other third parties for licensing of these hybrids and inbreds in South Africa. Secondly, Dow is required to register its PowerCore and Enlist biotechnology traits in South Africa within two years of approval of the merger.

“These conditions ensure that other smaller maize seed producers will be able to license and introduce new and different hybrids into South Africa and from this, access to the germplasm materials of Dow, which is situated in other regions such as Argentina. This will likely improve maize seed varieties available to South African farmers, other than from the current two main suppliers being DuPont and Monsanto,” the Commission said in a statement.

The Commission added: “On biotechnology traits, the conditions also ensure that other maize seed producers will have alternative traits to license other than those of Monsanto, which will likely improve choice as well as the prices available for traits in South Africa.”

Topics: , ,

Leave a Reply

Africa/Middle East

pheromone-based-innovation-combats-tuta-absoluta-in-tomatoes
Africa/Middle East

Affinity in East Africa: Marrone Bio Innovations Finds Harmonious Partner in Kenya Biologics

Farmers in East Africa are set to benefit from a wide range of zero-residue biopesticides that will help to increase

Africa/Middle East

Zimbabwe’s New Government Pushes to Strengthen Agriculture

With Mugabe out, the push for increased agricultural production by the new government has opened new business opportunities for planting seed material suppliers and agchem manufacturers.

Africa/Middle East

Zambia’s AGCO Enters Retail Finance Partnership

The new partnership between AGCO, its national distributor BHBW Zambia Limited and the Zambia National Commercial Bank Plc (Zanaco) will provide retail financial solutions for farmers purchasing machinery.

Fall-Armyworm-Photo-CABI
Africa/Middle East

Fall Armyworm a Serious Threat to Sub-Sarahan African Food Security in 2018

Once considered a pest plaguing only North and South America, the fall armyworm (FAW) arrived in Africa in force in

Africa/Middle East

Staphyt Opens Experimental Station in Morocco

Agrosciences and regulatory CRO Staphyt announced it opened its first phytosanitary experimental station in Meknes, Morocco in March.

Coffee-Farmer
Africa/Middle East

AgTech Startup Wefarm Secures New Financing Round

Wefarm, the world’s largest farmer-to-farmer digital network, has secured $5 million in additional seed funding, led by Silicon-Valley based True

Fall-Armyworm-corn-Kenya
Africa/Middle East

Sub-Saharan Africa: Time for a Paradigm Shift to Sustainable Farming Practices

Farming in sub-Saharan Africa (SSA) has remained fairly conventional over the years and involves intensive use of synthetic chemicals and

African-Smallholder-Farmers
Africa/Middle East

VisionFund International Offers Climate Insurance Initiative for African, Asian Farmers

More than 690,000 families totaling up to four million people living in six low-income countries stand to benefit from a

Africa/Middle East

Bancella Expands African Footprint

Bancella Ltd., headquartered in Mauritius, has taken another step in growing the footprint in Africa by taking what is described

Wilson-Kyalo-Chairman-of-Wilson-Kyalo-Chairman-of-the-LEDCA-alliance-has-built-his-dairy-farm-from-one-cow-to-100-cows-over-40-years
Africa/Middle East

Kenya Dairy Industry Sheds Light on Market Challenges, Opportunities

In December, I had the privilege to serve as a volunteer consultant with the USAID Farmer-to-Farmer (F2F) program in Kenya.

Africa-Kenya
Africa/Middle East

Eastern African Nations Move to Harmonize Fertilizer Regulations

Eastern Africa countries are working to harmonize the region’s fertilizer market, a move that could improve not only demand for

wheat-field
Africa/Middle East

Changing the Narrative: It’s Not Just About Yield

For years now when someone outside the industry asks what I do, I give them the “elevator speech,” the 30-second

maize-crop-Africa
Africa/Middle East

Counterfeits Disrupt Uganda’s Agrichemicals Market

The outbreak of the Fall Armyworm (Spodoptera frugiperda) in East Africa in late 2016, particularly in landlocked Uganda, and the

BRANDT-Tunisia-Ag
Africa/Middle East

BRANDT Expands Relationship with Solagri Tunisia

BRANDT, a leading manufacturer of specialty products for the agriculture market, has signed an exclusive distribution agreement with Solagri Tunisia

Sanjay Sethi
Africa/Middle East

Sanjay Sethi, Phoenix Group Honored with Sustainable Initiatives Award

During the recently held Meet the Farmers Conference 2017 at the Waldorf Astoria, Palm Jumeirah in Dubai, Sanjay Sethi, Director

Africa/Middle East

Koppert Broadens its Activities in Africa

Leading biocontrol producer, Koppert Biological Systems, has extended its presence in Africa by opening a new subsidiary in the West

Africa/Middle East

Syngenta, USAID Renew Global Collaboration to Improve Food Security

Renewed MOU to develop agriculture in Africa, Asia and Latin America.

Africa/Middle East

U.S. Growers Cautiously Optimistic About Biostimulants

Long-awaited regulatory guidelines along with growing research will help promote wider use.

Africa/Middle East

Marrone Bio Innovations Signs Exclusive Distribution Agreement with Kenya Biologics Ltd. for Kenya and Tanzania

The agreement Includes Reysana™ (Regalia®), Grandevo®, Venerate® and Majestene®.

Latest News

Americas

Valagro to Build First U.S. Manufacturing Plant for Biostimulants

The 65,000-square-foot Orangeburg County, South Carolina facility is expected to come online in the third quarter of 2019.

Biostimulants

What’s Really Behind the Biostimulant Boom

AgriBusiness Global chats with Dr. Russell Sharp, Technical Director and Founder of Plater Bio, on his career and topics including what he believes triggered the current boom in the biostimulant market.

Agrichemicals

U.S. Imports of Formulated Crop Protection Products

As a barometer of global crop protection product prices and demand, U.S.-based Fanwood Chemical analyzes U.S. formulated product import data.

Agrichemicals

China Plant Shutdowns Hurt Helm Results

The company said its Crop Protection business was faced with markets exhibiting weak growth momentum overall in 2017.

Markets

5 Reasons Why Entering the Environmental Respect Awards Is Good for Business

The Environmental Respect Awards (ERA) are the agricultural industry’s premier stewardship program honoring outstanding work in preserving the environment through