February 19, 2010

Dow AgroSciences expands biotech crop research alliance

A new research alliance between the Victorian Government and Dow AgroSciences will create 30 new Victorian agricultural biotech jobs.

Victorian Premier John Brumby said this research agreement was a major step forward in expanding the scope and scale of research Dow undertakes in Victoria.

This alliance further builds on Victoria's biotechnology reputation and will accelerate and expand the alliance and development of improved plant traits, Brumby said.

"Through this agreement, Dow will expand their work and therefore our research capability, specifically in the fields of biomass and yield enhancement, agronomic enhancement and modification of food, feed, fibre and oils characteristics in crops."

Dow AgroSciences LLC, based in Indianapolis, Indiana, US, is an agricultural company providing innovative agrochemical and biotechnology solutions globally. The company, a wholly owned subsidiary of The Dow Chemical Company, has sales of US$4.5 billion.