DuPont (DD), NexSteppe Enter Development Agreement for Advanced Feedstocks, Biofuels
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Price: $73.91 --0%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 0.1%
EPS Growth %: -22.6%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 0.1%
EPS Growth %: -22.6%
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DuPont (NYSE: DD) and NexSteppe have entered into a collaboration to develop advanced feedstocks for biofuels, biopower and biobased products. The collaboration will focus on the development of new sweet sorghum and high biomass sorghum hybrids which will create additional feedstock options for these rapidly evolving industries.
Under the agreement, DuPont has made an equity investment in NexSteppe, and through its Pioneer Hi-Bred business, will provide knowledge, resources and advanced technologies to help the company accelerate the breeding and commercialization of new hybrids of these crops in the United States and Brazil.
Under the agreement, DuPont has made an equity investment in NexSteppe, and through its Pioneer Hi-Bred business, will provide knowledge, resources and advanced technologies to help the company accelerate the breeding and commercialization of new hybrids of these crops in the United States and Brazil.
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