Dow Chemical Co.'s biotech cotton this week was approved by the regulatory arm of the European Union. According to a report from Zacks Investment Research, the cotton, along with three genetically modified corn varieties from Syngenta AG, were approved by the European Commission for food and feed use, as well as import and processing. Dow did not provide any financial guidance. However, the company expects demand to improve further, especially in Asia with the global economic recovery, the report said.
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