Pioneer Overseas Corporation history

E.I. du Pont returned to France only once–in 1801–to raise additional capital and to buy the latest powder-making equipment.

He broke ground for his first powder mills on the Brandywine River on July 19, 1802.

Officially, international missionary work began in Canada in June 1832.

Overseas missionary work began in 1837 when members of the Twelve were called to preach in the British Isles.

However, international missionary efforts slowed as the Church faced heavy persecution in Missouri in 1838.

The exodus from Nauvoo in 1846 further hindered international missionary work as most missionaries and members of the Quorum of the Twelve were called back to assist in the evacuation.

She became stranded with the rest of the company in Wyoming during the harsh winter of 1856.

The journey began on May 15, 1861.

Dow was an electrochemical pioneer whose first commercial success came in 1891 when he used electric current to separate bromides from brine.

1897 The Dow Chemical Company is founded

Born Sylvia Goergen on July 18, 1901, in Buffalo, NY, she was the first woman Ph.D chemist hired by Dow.

After graduation, Wallace began working on corn-breeding experiments and started breeding hybrid corn in 1920 after visiting Edward East and Donald Jones at the Connecticut Agricultural Experiment Station.

In 1924, it became the first hybrid to win the gold medal in the Iowa Corn Yield Contest conducted by Iowa State.

1926 Henry A. Wallace incorporates the Hi-Bred Corn Company.

Pedersen began working for DuPont in 1927 and remained with the company for 42 years until his retirement.

1929 Dow hires its first woman researcher, Sylvia Stoesser.

Since its founding in 1938, it has been in Pioneer's DNA to deliver unforgettable experiences to people around the world through a variety of world's first and industry's first products and services.

In 1946 Pedersen was promoted to research associate and thereafter pursued his own research projects.

Pioneer Concrete Services was established in 1949 as a partnership between two young Australian entrepreneurs--Tristan Antico and Kelvin Conley--providing concrete placing and formwork to the Australian construction industry.

The company formed a new subsidiary--Pioneer Readymixed Concrete and Mortar Proprietary Ltd.--in 1954, following the acquisition of a Canberra-based concrete producer which owned one concrete plant.

In October 1956 Pioneer was incorporated as Pioneer Concrete Services Limited.

Three years later, in 1959, it was listed on the Sydney Stock Market as a public company, and the name was changed to Pioneer Concrete Services Ltd.

Having established its first successful foreign venture, a pre-mix concrete plant, in Hong Kong in 1961, Pioneer began to look to the European markets for the first time.

Construction and building materials operations were established in the United Kingdom in 1962, where, in the same year, the worst winter in a century hit the industry badly.

In the following year, the company established operations in Israel and, in 1964, in Italy.

In 1970, Pioneer acquired pre-mix and quarrying companies in Spain and by the middle of the decade the company's interests had spread to Asia, Africa, and most of Europe.

Antico was knighted in 1973 in recognition of his services to industry.

Pioneer's first venture into the mineral-exploration field was a joint project with Pennzoil of Australia in 1975.

In the United Kingdom in 1977, the company's subsidiary, Pioneer Concrete UK, was among a number of companies being investigated by the Office of Fair Trading for alleged contract fixing.

In 1978, Pioneer became involved in a major coal coking and steaming development.

Pioneer's mineral operations expanded considerably in 1979, notably in uranium and beach-sands mining.

“Proclamation from the First Presidency and the Quorum of the Twelve Apostles of The Church of Jesus Christ of Latter-day Saints, April 6, 1980,” Ensign, May 1980, 53.

When Queensland Mines and Kathleen Investment (Australia) Ltd., a major beach-sands mining company, became wholly owned subsidiaries of Pioneer in 1981, the company's profits rose by 30% in one year.

Later that year, the Bell Group, a failing investment company, sold its shares in the former Ampol Petroleum--which, had been renamed Ampol Ltd. in 1982--to Pioneer, giving Pioneer the opportunity for full ownership of Ampol.

The takeover was completed in 1983, and Pioneer's building materials division became the third-largest readymix concrete producer in the United Kingdom.

In 1984, Pioneer began a series of investments in the United States, to capitalize on its earlier American successes in concrete production.

The US$23 million acquisition of Lone Star Industries's sand, gravel, and quarrying operations in 1985 gave Pioneer the opportunity to cash in on the impending construction boom in the United States.

However, in 1986 the building materials divisions in Italy, Portugal, and South Africa were sold in an attempt to consolidate Pioneer's more lucrative assets and to strengthen the company's stock rating.

In 1987, the year of the stock market crash, Pioneer began an important period of growth and restructuring.

The drive to exploit mineral mining and marketing continued until 1988, when mineral sales represented only 5% of Pioneer's total revenue.

Ill health forced Quirk into early retirement, and in April 1989 Rodney Price was appointed managing director.

DuPont Dow Elastomers opens for business in 1996 as a joint venture between DuPont and The Dow Chemical Company.

2002-Pioneer Overseas Finance Ltd has informed that Mr K Balakrishnan, President has resigned from the services of company.

Corteva Agriscience™ spins from DowDuPont, becoming a standalone company June 1, 2019.

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