Next-Generation Biotech Traits will Provide Benefits for Farmers and Consumers
Chicago, IL (Vocus) May 6, 2010 -- Biotechnology can play a role in meeting the demand for healthier food and the first products with direct consumer benefit are moving closer to the marketplace, industry experts said at the annual BIO International conference today.
“Biotechnology provides a tool for food companies to address consumer needs and wants and enhance the nutritional components of the foods we all enjoy,” said Mary Lee Chin, MS, RD, and president of Nutrition Edge Communications and Healthy Traits.
Chin and others on a panel addressing biotech products with direct consumer benefits discussed biotech traits such as Plenish™ high oleic soybean oil from Pioneer Hi-Bred, a DuPont business, as well as work being done to improve the nutritional status of staple crops in the developing world.
“We have an incredible opportunity to address both the quality and quantity of the food supply,” said Susan Knowlton, DuPont research scientist.
“Plenish™ high oleic soybeans, which are expected to receive U.S. regulatory approval later this year, contains more than 75 percent oleic acid, the highest of any soybean product under commercial development,” said Knowlton.
Higher levels of high oleic acid significantly increases the stability of the oil and eliminates the need for hydrogenation, which creates trans fat. Plenish™ high oleic soybean oil also has a 20 percent reduction in saturated fat over commodity soybean oil.
“Improving the quality of the oil is only half the challenge. We also have to develop high oleic varieties that yield as well as conventional soybeans so growers will want to grow them,” said Knowlton. “We are very pleased with what we’ve seen thus far for oil quality and yields in field tests.”
Plenish™ high oleic soybeans will be grown under contract for ongoing field and oil testing in 2010 and 2011 in the United States and Canada, and Pioneer anticipates commercialization of the trait in 2012, upon full regulatory approvals and ongoing field testing.
Pioneer Hi-Bred, a DuPont business, is the world's leading source of customized solutions for farmers, livestock producers and grain and oilseed processors. With headquarters in Des Moines, Iowa, Pioneer provides access to advanced plant genetics in nearly 70 countries.
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.
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High oleic soybean products are not yet available for sale or use. Products, benefits and concepts described are subject to full regulatory approval and field testing.
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