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  • LONDON, Feb 4- Flagging fertiliser prices are set for a further fall which will likely drive some high-cost Chinese producers out of business to help ease a stocks overhang and lift prices later in 2016, one of the world's largest producers, Russia's PhosAgro, said. Chief Executive Andrei Guryev said he expected prices for phosphate, potash and nitrogen...

  • HONG KONG, Feb 4- State-owned China National Chemical Corp plans for a mix of recourse and non-recourse loans to fund a $43 billion bid for Swiss seeds and pesticides group Syngenta, Thomson Reuters LPC said on Thursday, citing banking sources familiar with the plans. The specific breakdown of the funding package has yet to be decided, but about $30 billion would...

  • WASHINGTON, Feb 3- The state-owned China National Chemical Corp, which plans to buy Swiss seeds and pesticide maker Syngenta, will promptly start preparations for what could be a lengthy U.S. national security review, as the House Agriculture Committee chairman said he would monitor the deal. The $43 billion deal, which was announced on Wednesday as a way for...

  • Merck and Chipotle are big market movers Wednesday, 3 Feb 2016 | 4:41 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq stock market:. Merck& Co., down 36 cents to $50.05. Chipotle Mexican Grill Inc., down $13.93 to $461.74.

  • BELLE GLADE, Fla.— Dozens of farmworkers looked up at the little yellow plane buzzing over the Florida radish field, a mist of pesticide falling from its wings. "I smelled a strong odor and started feeling bad," worker Maria Garcia later told a state investigator. An Associated Press review of federal and state enforcement data and other records revealed that the...

  • HONG KONG— ChemChina's offer to buy Swiss pesticide giant Syngenta is the latest in a string of deals that has turned the company into a Chinese chemical colossus with an increasingly international profile. Beijing- based ChemChina, also known as China National Chemical Corp., is one of the country's biggest industrial companies, with 140,000 employees in 150...

  • This transaction is about growth: Syngenta chairman Wednesday, 3 Feb 2016 | 2:26 AM ET
    This transaction is about growth: Syngenta chairman

    Michel Demaré, chairman of Syngenta, says the takeover deal with state-owned ChemChina is good value for shareholders.

  • HONG KONG— A Chinese state-owned chemical maker offered to buy Swiss pesticide giant Syngenta for $43 billion in what would be the biggest-ever foreign acquisition by a Chinese company. Basel- based Syngenta said in a statement that ChemChina's cash offer is worth the equivalent of 480 francs a share, including a special 5 franc dividend for shareholders if...

  • ChemChina to buy Sygenta for $43 billion Wednesday, 3 Feb 2016 | 1:19 AM ET
    ChemChina to buy Sygenta for $43 billion

    CNBC's Julia Chatterley reports from Basel on Syngenta and the takeover deal by ChemChina, a Chinese state-owned company.

  • HONG KONG— ChemChina offers to buy Swiss pesticide giant Syngenta in deal valued at more than $43 billion.

  • ChemChina close to $42B Syngenta deal: Sources Wednesday, 3 Feb 2016 | 12:54 AM ET
    Ren Jianxin

    ChemChina is nearing a deal to take over Syngenta for around $42 billion, two people familiar with the matter told Reuters.

  • Dow Chemical CEO Liveris to retire by mid-2017 Tuesday, 2 Feb 2016 | 11:44 AM ET
    Andrew N. Liveris, CEO of The Dow Chemical Company.

    Dow Chemical reported better-than-expected quarterly profit on higher margins and that its CEO will retire by mid-2017.

  • NEW YORK— Dow Chemical on Tuesday reported a surge in its fourth-quarter profit on gains from the sale of its chlorine operations and lower costs from sinking oil prices. The profit boost comes as the Midland, Michigan- based company moves toward closing a merger with DuPont Co. in the second half of the year that would create a giant chemical company.

  • Axiall said on Friday that it had rejected Westlake's $1.4 billion takeover offer, saying it undervalued the company- an argument that Brigade Capital agreed with. Brigade Capital said in a letter to Axiall's board that it opposed the use of a "poison pill" with respect to Westlake's offer of $20 per share. Axiall shares were down 2.6 percent at $17.46 in afternoon...

  • CHARLESTON, W.Va.— A former environmental consultant at a chemical distributor was sentenced to three years' probation and fined $10,000 Monday for a 2014 chemical spill that fouled the drinking water supply of 300,000 West Virginians. Robert Reynolds was the first of six ex- Freedom Industries officials to be sentenced on pollution charges in federal court...

  • Westlake, a Houston- based manufacturer and supplier of petrochemicals, polymers and building products, had argued that the combined company would be more diversified and have a stronger financial profile than Axiall on its own. Westlake revealed earlier on Friday that on Jan. 25 it had offered $11 per share in cash and 0.1967 of its stock for each Axiall share.

  • NEW YORK— Axiall confirmed Friday that it rejected a $1.4 billion buyout from rival Westlake Chemical, saying the deal undervalued the maker of building materials and chemicals. Westlake had said Friday when it publicly announced the offer that it was disappointed by Axiall's rejection. Westlake offered a mix of stock and cash worth about $20 for each share of...

  • Eastman Chemical tops 4Q profit forecasts Thursday, 28 Jan 2016 | 5:13 PM ET

    KINGSPORT, Tenn. _ Eastman Chemical Co. on Thursday reported fourth-quarter earnings of $124 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share. Eastman Chemical shares have dropped nearly 7 percent since the beginning of the year, while the Standard& Poor's 500 index has dropped slightly...

  • Shares of Potash Corp, which also reported a lower-than-expected quarterly profit on Thursday, fell 3.9 percent in pre-market trading in New York. Potash prices have fallen sharply on pressure from bloated capacity, soft grain prices and weak currencies in major consumers such as India and Brazil. Saskatoon, Saskatchewan- based Potash Corp suspended...

  • LONDON, Jan 27- European shares fell on Wednesday, hit by a drop in Swiss drugmaker Novartis and German chemicals company BASF after their weak earnings updates. "We're only just getting under way on the European earnings front, but it's been a pretty mixed bag so far with weak updates from Novartis and BASF," said Clairinvest fund manager Ion- Marc Valahu.