NEW YORK (GenomeWeb News) – Dow AgroSciences has struck a collaboration with Australia's Victoria Department of Primary Industries (DPI)to develop new genetics technologies to boost crop performance, the Dow Chemical subsidiary said this week.
Under the agreement, the partners plan to develop elite crop varieties with improved productivity and product quality traits.
The collaboration expands an earlier research and development program, launched in 2009, between DPI and Dow AgroSciences, a subsidiary of Dow Chemical.
DPI's Biosciences Research Division Executive Director, German Spangenberg, said in a statement that the collaboration "will generate significant benefits to Australian growers while also providing an important role in supporting advances in global food security."
The research program will be based at DPI's research facilities at Horsham, and at the $230 million Centre for AgriBiosciences, which is currently under construction at La Trobe University's campus in Bundoora and is expected to be completed this year.
Financial terms of the agreement were not released.