Dow Agro CEO to take job with farm equipment maker
The departure of Timothy Hassinger comes as Dow AgroSciences’ parent prepares to merge with chemical giant DuPont.
The departure of Timothy Hassinger comes as Dow AgroSciences’ parent prepares to merge with chemical giant DuPont.
Several states are seeking to join a legal challenge to a Trump administration decision to keep chlorpyrifos on the market, despite some studies showing it can harm children's brains.
European antitrust officials decided this month to launch a full-blown investigation into the proposed merger Dow Chemical Co. and DuPont Co.
Dow and DuPont said they will base their combined agricultural business in Wilmington, Delaware, but that Indianapolis will play a pivotal role.
The Chinese company that on Wednesday announced plans to buy Swiss ag-chemical giant Syngenta for $43 billion previously was a suitor of Dow AgroSciences, Dow Chemical's CEO said in an interview.
The Indianapolis-based agricultural division of Dow Chemical said Tuesday that lower demand, price pressures on herbicides and currency headwinds all hurt sales of its crop protection products.
Dow and DuPont plan to divide the combined company into three publicly traded businesses, one of which would focus on agricultural products including herbicides and genetically modified seeds—the core business of Dow's Indianapolis-based Dow AgroSciences unit. DuPont also has a large ag unit.
Talk of synergies and consolidation may warm the hearts of investors, who are eager for Midland, Michigan-based Dow Chemical to boost returns, but they cast uncertainty over some of central Indiana’s best scientific jobs.
Dow Chemical is exploring all options for its subsidiary, Indianapolis-based Dow AgroSciences. The company employs 1,500 workers in the Indianapolis area and, as a stand-alone firm, would be the fifth-largest by revenue in Indiana.
Sales at Dow AgroSciences LLC fell in the second quarter due to lower demand in the Americas and a stronger U.S. dollar. Dow’s profits, however, rose 8 percent due to cost-cutting and the sale of one product line.
Indianapolis-based chemical producer Vertellus Specialties Inc. has announced its second big acquisition in as many months, in a deal believed to be worth as much as $200 million.
Strong sales of new crop-protection products helped the Indianapolis-based company report its highest revenue ever in the fourth quarter.
Despite a boost in third-quarter revenue due to crop-protection products, profit for the local unit of Dow Chemical tumbled more than 71 percent.
The vacant piece of land on the southwest corner of Main and Sycamore streets, once home to a Citgo gas station, is viewed as a vital link between the historic village and development to the south.
The Indianapolis-based maker of agricultural products, a unit of Michigan-based Dow Chemical Co., said revenue increased 10 percent from the year-ago period.
Record sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences LLC in its new fiscal year.
Earnings rose 7.6 percent during the fourth quarter at Indianapolis-based Dow AgroSciences LLC as overall sales shot up 17 percent.
Joseph Kelsay, who had served as director of Indiana’s Department of Agriculture since 2009, is joining Dow AgroSciences’ government affairs team as senior manager of biotechnology affairs.
Zionsville Community Schools and the town of Zionsville are teaming up to purchase and develop a prime piece of real estate owned by Dow Chemical Co.
Strong demand from farmers boosted sales by 8 percent at Dow AgroSciences LLC in the third quarter, but continued investments in new technologies slashed profits by 16 percent.