Wilmington, Del., Jan. 20, 2010 – DuPont announced it has applied to regulatory authorities in the European Union (EU) (represented by the U.K.), Canada and the United States for registration of two new crop protection disease control products. These countries will conduct a joint review as part of an Organization for Economic Cooperation and Development (OECD) Work Share project for regulatory harmonization. The two new fungicides, DuPont™ Fontelis™ and DuPont™ Vertisan™ will provide growers with preventative and curative disease control for a wide range of grain, fruit and vegetable crops.
“We look forward to providing these new tools to growers looking to maximize yield and quality with innovative answers to disease control issues,” said James C. Collins, president – DuPont Crop Protection. “These new products are another example of how DuPont Crop Protection is using market-driven science to help growers meet the global demand for increased food production.”
Submitting the regulatory package for the fungicides is a key milestone for DuPont. The company anticipates launching the new fungicides as early as 2011. DuPont also plans to develop additional products based on the active ingredient — penthiopyrad. Each of the new products will provide unique advantages to growers.
DuPont™ Fontelis™ fungicide will provide broad-spectrum control of diseases that threaten crop quality, yield and profitability in vegetables such as tomatoes and cucumbers, fruits such as apples, and peanuts.
DuPont™ Vertisan™ fungicide will provide broad-spectrum disease control in row crops such as wheat, barley and soybean. It is effective against a broad range of damaging plant diseases, including some diseases which have developed resistance to other fungicide chemistry classes.
DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
Forward-Looking Statements: This news release contains forward-looking statements based on management’s current expectations, estimates and projections. The company does not undertake to update any forward-looking statements as a result of future developments or new information. All statements that address expectations or projections about the future, including statements about the company’s strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like “expects,” “anticipates,” “plans,” “intends,” “projects,” “indicates,” and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in DuPont’s filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions of countries in which the company does business; competitive pressures; successful integration of structural changes, including acquisitions, divestitures and alliances; research and development of new products, including regulatory approval and market acceptance, and seasonality of sales of agricultural products.