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Materials and Metals Chemicals

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  • THE HAGUE, Netherlands— Dutch nutritional supplements and chemicals company Royal DSM NV says it is laying off between 900 and 1,100 staff worldwide as part of a reorganization of its businesses. The company announced the job cuts Tuesday, saying the move would cut costs by 125- 150 million euros by the end of 2017. The restructuring aims at streamlining...

  • European shares climb back up after sharp sell-off Tuesday, 25 Aug 2015 | 3:54 AM ET

    *Syngenta surges on sign of better Monsanto offer. LONDON, Aug 25- European shares rose on Tuesday, recovering some poise after a sharp sell-off the previous day on concerns about China's economy that saw around 450 billion euros wiped off the value of leading stocks. Swiss agricultural chemicals maker Syngenta was the best-performing FTSEurofirst stock,...

  • Exxon Mobil and Deere are big market movers Friday, 21 Aug 2015 | 4:42 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Exxon Mobil Corp., down $2.44 to $72.13. Deere& Co., down $7.36 to $83.29.

  • Aug 19- U.S. regulators have relied on flawed and outdated research to allow expanded use of an herbicide linked to cancer, and new assessments should be urgently conducted, according to a column published in the New England Journal of Medicine on Wednesday. Philip Landrigan, a Harvard- educated pediatrician and epidemiologist who is Dean for Global Health at...

  • TIANJIN, China— The son of a former police chief is one of two silent owners of the warehouse for hazardous materials in Tianjin where explosions killed at least 114 people, and used his connections to help obtain licenses despite safety violations, Chinese state media reported Wednesday. The other owner is a former executive at a state-owned chemical company...

  • *Iran seeks to upgrade derelict refining, petchem sector. *Oil services executives visit Iran on tour of sites. Officials from Iran's oil refining company NIORDC, its National Petrochemical Company and the privately owned Persian Oil and Gas are holding talks with services firms to clinch projects to repair Iran's derelict refining and petrochemical sector.

  • Rescuers work to clear China blast site to beat rain Sunday, 16 Aug 2015 | 8:17 PM ET
    Volunteers and paramilitary soldiers wearing masks stand on patrol outside a temporary shelter after the explosions in Tianjin on August 14, 2015.

    Rescuers searched for toxic materials at the blast site in China city Tianjin to clear chemicals before any rainfall can create further toxic gas.

  • Tianjin death toll rises; Li orders safety review Sunday, 16 Aug 2015 | 1:58 PM ET
    Firefighters walk past a damaged truck at the site of the explosions in Tianjin on August 15, 2015.

    The death toll from massive explosions in China's port of Tianjin has risen to 112 and 95 people are missing,

  • JERUSALEM, Aug 16- Israeli consumers took a break from spending in the second quarter, resulting in an annualized growth rate for the economy of just 0.3 percent of gross domestic product, data showed on Sunday, far weaker than expected so far in 2015.. With exports and investment struggling for more than a year and government spending limited by the lack of a 2015...

  • Fresh blasts in Tianjin as China orders evacuation Saturday, 15 Aug 2015 | 4:53 AM ET
    A damaged road sign near the site of the explosions at the Binhai new district, Tianjin, August 13, 2015.

    China authorities ordered a mass evacuation from a 3 km area around the site of massive explosions in Tianjin as fresh blasts and fires broke out.

  • Death toll in Tianjin blasts climbs to 85 Friday, 14 Aug 2015 | 11:54 PM ET
    Burnt out Volkswagen cars are pictured amongst the damage on the second morning after a series of explosions at a chemical warehouse hit the city of Tianjin, in northern China on August 14, 2015.

    The death toll from huge explosions at a warehouse storing dangerous chemicals located near residences in the Chinese port city Tianjin climbed to 85.

  • Illinois- based CF Industries Holdings Inc, the world's third-largest nitrogen fertilizer producer, was involved in three of four deals in the past month, taking out two potential competitors in its backyard and locking up sales volumes in the United States, the world's No. 1 corn-producing country. The deals increase CF's market clout by removing two...

  • Illinois- based CF Industries Holdings Inc, the world's third-largest nitrogen fertilizer producer, was involved in three of four deals in the past month, taking out two potential competitors in its backyard and locking up sales volumes in the United States, the world's No. 1 corn-producing country. The deals increase CF's market clout by removing two...

  • Aug 12- U.S.-based agribusiness CHS said it would invest $2.8 billion in a unit of fertilizer producer CF Industries Holdings Inc to secure nitrogen fertilizer supplies. CF said last Thursday it would buy Netherlands- based rival OCI NV's North American and European plants for $6 billion, while CVR Partners LP said on Monday it would buy Rentech Nitrogen...

  • Aug 12- U.S.-based agribusiness CHS said it will invest $2.8 billion in a unit of U.S. fertilizer producer CF Industries Holdings Inc..

  • SAO PAULO, Aug 7- The chief executive of Braskem SA said on Friday that Latin America's largest petrochemical company is not currently facing legal action related to a naphtha supply contract with its second largest shareholder, Brazil's Petrobras. Braskem CEO Carlos Fadigas also said in an earnings call that he saw "no grounds" for the accusation that the...

  • Saskatoon, Saskatchewan- based Potash Corp sent an unsolicited letter to K+ S's management and supervisory boards, K+ S said in a statement. Shares of Potash Corp eased in New York and Toronto, while K+ S stock climbed 1.4 percent in Frankfurt. Potash Corp has been pushing to talk with K+ S management despite the German company's initial rejection last month of the...

  • *Deal excludes OCI's production plants in Egypt and Algeria. Aug 6- U.S. fertilizer maker CF Industries Holdings Inc said it will buy OCI NV's North American and European plants for about $6 billion, nearly ten months after the U.S. company's merger talks with Yara International ASA fell apart. CF, which is also assuming $2 billion of OCI's debt, will become a...

  • Aug 6- U.S. fertilizer producer CF Industries Holdings Inc said it will buy Netherlands- based rival OCI NV's North American and global distribution businesses in a deal valued at about $8 billion, including debt. The deal is for OCI's nitrogen plants in Geleen in the Netherlands and Wever, Iowa besides the company's interest in an ammonia and methanol complex in...

  • Aug 5- North American nitrogen fertilizer producers Agrium Inc and CF Industries reported higher second-quarter profits on Wednesday after markets closed. Agrium's quarterly profit beat expectations for the Canadian company, while earnings for Illinois- based CF matched the average estimate. Agrium lowered the top end of its 2015 profit forecast to a...