Review & study of the past and present situations of the company
Brief Historical Review
1901 John F. Queeny founds the original Monsanto.
He used capital from a soft drink company to start Monsanto.
1920 Monsanto expanded into basic industrial chemicals like sulfuric acid.
1940 It became a leading manufacturer of plastics, including polystyrene, and synthetic fibers.
1970 Monsanto is the leading producer of Agent Orange for US Military operations in Vietnam.
1973 Monsanto began manufacturing the herbicide Roundup, which has been marketed as a "safe", general-purpose herbicide for widespread commercial and consumer use, even though its key ingredient, glyphosate, is a highly toxic poison for animals and humans.
Brief Historical Review
1976: The success of the herbicide Lasso had turned around Monsanto's struggling Agriculture Division, and by the time Agent Orange was banned in the U.S. and Lasso was facing increasing criticism, Monsanto had developed the weedkiller "Roundup”
1983: The first carbonated beverages containing aspartame are sold for public consumption. Diet Coke was sweetened with aspartame after the sweetener became available in the United States.
1996 Monsanto introduces its first biotech crop, Roundup Ready soybeans which tolerate spraying of Roundup herbicide, and biotech BT cotton engineered to resist insect damage
2000 Monsanto merges with Pharmacia and Upjohn, and ceases to exist. Pharmacia forms a new subsidiary, also named Monsanto, for the agricultural divisions, and retains the medical research divisions, which includes products such as Celebrex.
2005 Monsanto purchases Seminis, a leading global vegetable and fruit seed company, for $1.4 billion.
2007 Monsanto completes its purchase of Delta and Pine Land Company, a major cotton seed breeder, for $1.5 billion.
2008- 2009 Acquires sugarcane breeding companies, and a Dutch hybrid seed company.
Monsanto announces a project to improve the living conditions of 10,000