| DuPont Enters Settlement to Protect Plant Breeder Rights | |
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DuPont DD announced that DuPont Pioneer, the world's leading developer and supplier of advanced plant genetics, and Hill & Hill Farms Limited – a retailer of agricultural seed and an unit of Varna Grain Ltd. – have reached a confidential settlement regarding a lawsuit for unlawful selling activity that was filed by DuPont Pioneer.
Per the settlement, Hill & Hill admitted that it engaged in unlawfully selling DuPont Pioneer's protected wheat variety under the Canadian Plant Breeders' Rights Act. Hill & Hill, which marketed, sold and passed off Pioneer variety 25R40 wheat seed as its own, also admitted that it wrongly identified the seed under another variety name in breach of DuPont Pioneer's plant breeder rights.
According to the settlement, Hill & Hill has agreed to cease all unlawful usage of DuPont Pioneer’s seeds.
DuPont makes considerable investments to provide seeds to the Canadian farmers who, in turn, can raise the size and quality of their crops and operate more productively. Thus, the company defends its intellectual property rights across its product range and also protects its investments to ensure the integrity of its products and maintain fairness in the marketplace.
Recently, DuPont opened its Integrated Seed Science Center in Johnston, IA. The center, which is the second facility in the DuPont Integrated Seed Science Network, is responsible for the development and evaluation of seed treatment formulations, applications and seed handling techniques. DuPont, through this center, strives to deliver the appropriate seed treatments to farmers to help optimize the genetic performance of seeds.
DuPont currently carries a Zacks Rank #5 (Strong Sell).
Some better-ranked companies in the diversified chemical space include Innospec Inc. IOSP, Eastman Chemical Company EMN and Trecora Resources TREC. While Innospec sports a Zacks Rank #1 (Strong Buy), both Eastman Chemical and Trecora hold a Zacks Rank #2 (Buy).
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du Pont de Nemours and Co
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CODE : DUPP.PA |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
du Pont de Nemours est une société basée aux Etats-Unis D'Amerique. du Pont de Nemours est cotée en France. Sa capitalisation boursière aujourd'hui est 49,7 milliards €UR (55,5 milliards US$, 49,6 milliards €). La valeur de son action a atteint son plus bas niveau récent le 06 mars 2009 à 10,03 €UR, et son plus haut niveau récent le 20 mars 2015 à 72,47 €UR. du Pont de Nemours possède 876 409 984 actions en circulation. |