Agriculture Division of DowDuPont to invest USD 1 mln in road infrastructure of Poltava region
On March 14, 2018, the Ukrainian enterprises of Corteva Agriscience™, Agriculture Division of DowDuPont™, and Poltava Regional State Administration announced they have signed a Memorandum on cooperation to develop a road infrastructure in Dykanka district (Poltava region), where the company’s seed production facility is located.
According to the memorandum, Pioneer Nasinnia Ukraine LLC and Stasi Nasinnia LLC have agreed to help the local community of Stasi village and invest in the construction of a new public road that will change the traffic of trucks passing to and from the seeds facility without influencing the rural area.
The investor is ready to allocate around USD 1 mln during 2018 to the project. Poltava Regional State Administration will be responsible for building of the new road and its further maintenance.
"This investment reflects our commitment to be good citizens of the environment where we are working and contribute to the welfare of the community. It is a great achievement that emphasizes the cooperation between our company, the current Poltava administration and the local Stasi community. We greatly appreciate their support of our initiative and their desire to help. We have planned for this project since 2012 and faced many complications which led to project delays, we engaged the local community to proactively communicate about their need. We are pleased that this long-anticipated project is moving forward and appreciate the help of the local community and Poltava administration," noted Peter Sipos, Integrated Operations Director in Europe, Corteva Agriscience™, Agriculture Division of DowDuPont™.
Reference: Corteva Agriscience™ is the agriculture division of DowDuPont™ and is intended to become an independent, publicly traded company when the previously announced spinoff is complete by June 2019. The division combines the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences.
