Novozmes Expands Lead Over Diminished DuPont Danisco!
Danisco--Nothing Like Being Acquired By DuPont To Have The Life Sucked Out of You!
Good Evening, Bonsoir, Guten Abend, Buona Sera,
Readers, We have seen it time and time again. A well-performing enterprise is gobbled up by DuPont Management, and rather quickly begins to deteriorate. Case in point: Before the beginning of the 21st century, Pioneer Hi-Bred Int'l was the largest and leading light in seed innovation on the planet. Fast forward to 2013. Pioneer having been mismanaged and misdirected by agriculturally ignorant bosses in Fortress Wilmington for over a decade has dropped down into a lagging second place rank, resorting dishonestly to robbing the leading seed company Monsanto of superior seed technology.
Danisco, now dismembered and demoralised, dumped into various DuPont bureaucracies, has fallen further behind the world's leader in food additives and industrial enzymes, Novozymes A/S. Novozymes according to a report by Bloomberg, yesterday, March 18, 2013 has 10% of the $1 billion global bio-agricultural market. And impressively, Novozmes has 47% of the global market for industrial enzymes versus a lagging 21% for Danisco.
T'is a pity. Danisco on its own was a thriving outfit with genuine productivity and innovation. No doubt about it, folks, DuPont's oppressively stupid and unethical Management can choke the life out of you. That goes for entire organisations as well as the people within.
Merely the evening comments of one individual investor and long-time student of DuPont in