New Oil Offers Improvements Over Commodity Soybean Oil and Helps Expand U.S. Farmers’ Soybean Market

ATLANTA, GA and DES MOINES, IA, July 19, 2018 – UniPro Foodservice Inc. and Corteva Agriscience™, Agriculture Division of DowDuPont, today announced the introduction of UniPro’s new, high-performance soybean oil known as Versa™ Premier High Oleic Soybean Frying Oil.

The primary ingredient in the new oil - Pioneer® brand Plenish® high oleic soybean oil - maintains its quality longer in fryers, is taste-neutral and has a healthy oil profile because of its high amount of heart-healthy monosaturated fat.

“Our company is proud to offer the Versa™ Premier High Oleic Soybean Frying Oil because it offers superior stability under high temperatures, which improves fry life and reduces polymer buildup on cooking equipment,” said Bob Stewart, UniPro Chief Executive Officer. “This product will provide our Cooperative Members with a high-performance cooking oil with a healthy oil profile for consumers. And we’re glad to support U.S. soybean farmers by incorporating Plenish® soybean oil into the Versa™ brand.”

Plenish® high oleic soybeans were developed by Pioneer to bring food companies and consumers a cooking oil with improved stability, a healthy oil profile and to provide new markets for soybean farmers. Grown under contract by U.S. soybean growers for a premium, the end-user and processor demand for the beans has been expanding annually as they have realized the value-added benefits Plenish® high oleic soybeans can bring.

“Pioneer is glad to see UniPro launch the Versa™ Premier High Oleic Soybean Frying Oil to its large Member network, which will provide broader distribution of Plenish® soybean oil,” said David Dzisiak, North America Commercial Leader, Grains & Oils, Corteva Agriscience™, Agriculture Division of DowDuPont. “It’s because of these new products that the market for Plenish® high oleic soybeans continues to expand, which creates even more opportunities for soybean growers in the 13 states where Plenish® soybeans are grown.”

Sold in 35-pound containers, Versa™ Premier High Oleic Soybean Frying Oil will be available to UniPro’s 400 Member-Owners who operate 850+ Distribution locations in the U.S.

Plenish® high oleic soybean oil is 20 percent lower in saturated fats than commodity soybean oil, contains approximately 75 percent heart-healthy monounsaturated fat and has zero trans fats per serving. The unique oil profile of Plenish® soybean oil has a fry life 2­ to 3 times longer than commodity soybean oil and allows the product to be used in high-temperature applications.

Demand for standard U.S. soybean oil in the food industry has decreased more than 20 percent since 2002, when the Food & Drug Administration (FDA) announced a mandate to label trans fats. At that time, about 50 percent of U.S. soybean oil was partially hydrogenated to make it a more stable but created trans fats. Since then, restaurants and food service operations have switched to alternative oil products to replace partially hydrogenated soybean oil. In 2018, the FDA intends to eliminate the GRAS (Generally Regarded As Safe) status of trans fats, thereby eliminating the use of partially hydrogenated soybean oil in food products. The very high stability of Plenish® high oleic soybean oil does not require hydrogenation while delivering enhanced functionality and a healthy oil profile.

Learn more about The Re-Invention of Soybean Oil™ at Plenish.com.

See more information on Versa™ Premier High Oleic Soybean Frying Oil.

About UniPro Foodservice, Inc.

UniPro Foodservice, Inc. is the largest foodservice distribution cooperative in the United States. They provide nationwide access to exclusive purchasing opportunities with the country's premier suppliers. For more information, visit www.uniprofoodservice.com.

About Corteva Agriscience™, Agriculture Division of DowDuPont
Corteva Agriscience™, Agriculture Division of DowDuPont (NYSE: DWDP), is intended to become an independent, publicly traded company when the previously announced spinoff is complete by June 2019. The division combines the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences. Corteva Agriscience™ provides growers around the world with the most complete portfolio in the industry — including some of the most recognized brands in agriculture: Pioneer®, Encirca®, the newly launched Brevant™ Seeds, as well as award-winning Crop Protection products — while bringing new products to market through our solid pipeline of active chemistry and technologies. More information can be found at www.corteva.com.

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07/19/18

Contacts:
Kacey Birchmier
Corteva Agriscience™
Agriculture Division of DowDuPont
515-535-6149
kacey.birchmier@dupont.com

Keith Durnell
Executive Vice President Marketing & Business Development
UniPro Foodservice, Inc.
770-799-7623 – office
durnell@uniprofoodservice.com

Pioneer® brand products are provided subject to the terms and conditions of purchase which are part of the labeling and purchase documents. ®, ™, SM Trademarks and service marks of DuPont, Pioneer or their respective owners.