November 22, 2012

DuPont Pioneer constructs US$40 million seed production facility in Ukraine

This is one of the many investments the company is making to support local product development and help Ukrainian farmers increase their productivity.

Construction is underway at the facility that will be operational in time for the 2013 season, supporting the increased customer demand for Pioneer^® brand corn, sunflower and oilseed rape hybrids in Ukraine.

"This investment will further expand our efforts to grow our business in one of the most productive corn, sunflower and oilseed rape growing regions of the world," said Jeff Rowe, Regional director, DuPont Pioneer Europe. He added, "We have seen tremendous growth in our sunflower and corn business with record volumes in the recent years, growing market share and strong product performance and yield advantages. The construction of this new seed production facility demonstrates the commitment of DuPont Pioneer to providing Ukrainian farmers with the best products for their specific growing areas and needs."

Upon completion, the production facility, together with the logistics facility built in Stasi last year will employ approximately 60 full time employees to support the warehousing, timely distribution and production of about 500,000 units of Pioneer^® brand corn and sunflower hybrids.

"The new facility will allow DuPont Pioneer to ensure a stable supply of locally produced high-quality sunflower and corn seed for farmers in Ukraine and Russia, and meet the growing demand of these important agricultural crops in the country", said Csaba Molnar, Commercial Unit director, DuPont Pioneer Ukraine and Russia.