Indianapoils, Indiana, USA and Saint Etienne en Cogles, France
October 19, 2022
Corteva Agriscience and STI Biotechnologie, an expert in microbiological technologies, announced today a multi-year agreement for the distribution of two Lactobacillus strains for plant stimulations. The agreement includes all countries on the European continent.
Through the agreement, STI Biotechnologie is providing an exclusive distribution license to Corteva for a dedicated formulation of their proprietary Lactobacillus Farciminis CNCM-I-3699 and Rhamnosus CNCM-I-3698, which work with the plant to improve soil conditions and rhizosphere. The technologies work in field and greenhouse conditions, helping improve soil life and nutrient interactions.
Corteva will leverage its wide distribution network and market reach to make the product, sold under the brand name Utrisha™ Rhizo biostimulant, available for all crops, with a primary focus on vegetables and potatoes.
“Corteva Agriscience continues to bring new and innovative solutions to market by offering natural-origin products that contribute to plant resilience that also complement our conventional crop protection solutions,” Priscila Vansetti, Vice President, Biologicals and Business Development, Crop Protection Business Unit, Corteva Agriscience. “We’re excited to work with STI Biotechnologie to scale up and maximize sustainable options that help farmers meet changing environmental conditions while keeping their crops productive and healthy.”
This collaboration represents another step forward for Corteva’s expanding global Biologicals portfolio, which is dedicated to developing biostimulants and biocontrol products with proven, predictable performance. Utrisha™ Rhizo, a technology powered by STI Biotechnologie, will provide value through integrated nutrition management efficiency and enhancing yield potential and sustainability, in line with Corteva’s commitment to sustainable innovation.
“This partnership perfectly fits with our aim to provide natural biological solutions to increase crops development and resilience” says Christophe Tanguy, Director of Operations at STI Biotechnologie. “This agreement with a multinational company such as Corteva will accelerate the deployment of our soil health Biostimulant and fulfill farmers growing demand for natural solutions increasing crop resilience and soil health,” says Renaud Domitile, CEO.
Terms of the agreement were not disclosed.
About Corteva
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the Company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.Follow Corteva Agriscience on Facebook, Instagram, LinkedIn, Twitter and YouTube.
About STI Biotechnologie
STI Biotechnologie is a French company, founded in 2007, producing solutions based on Lactic Bacteria historically developped in the animal feed business and agri-environmental uses. Since 2020, STI Biotechnologie is part of the IDENA group, specialized in natural feed solutions.
STI Biotechnologie owns two Lactobacillus Strains (Farciminis CNCM-I-3699 and Rhamnosus CNCM-I-3698) and has been expamding agronomic applications and registrations obtained in France, Belgium and Portugal. “This microbial solution improves crop performances”.
More information can be found at www.sti-biotechnologie.fr
Follow STI Biotechnologie on LinkedIn.
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