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Corteva to Boost Investment in Environmentally Friendly Crop Protection

  • CEO Magro is open to looking at deals ‘around the world’
  • Chemical firm also plans to expand research and development
A worker rides a tractor while spraying pesticide on crops at a farm in Hudson, New York.

A worker rides a tractor while spraying pesticide on crops at a farm in Hudson, New York.

Photographer: Angus Mordant/Bloomberg
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Agricultural chemical company Corteva Inc. is ready for a bigger pivot into biologicals, considered an environmentally friendly solution to helping grow crops. Chief Executive Officer Chuck Magro says he’s ready take on more acquisitions to get there.

“We’re going to invest significantly in our own capabilities, our own pipeline, our own innovation, but we’re always looking at whether we should build it or buy it,” Magro said Thursday in an interview.