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Materials and Metals Chemicals

  • Rig hands thread together drilling pipe at a hydraulic fracturing site on the Marcellus shale rock formation in Pennsylvania.

    States like Pennsylvania and Ohio aim to leverage their natural gas production to attract investment in the petrochemicals industry.

  • CHICAGO, July 11- American technology. In Texas, Microsoft is testing a smart trap to isolate and capture Aedes aegypti mosquitoes, known Zika carriers, for study by entomologists to give them a jump on predicting outbreaks. The Zika epidemic that emerged in Brazil in 2015 and left thousands of babies suffering from birth defects has added urgency to the effort.

  • TORONTO, July 10- Canada's main stock index rose on Monday, reversing early losses as key sectors including materials and energy rebounded. Fertilizer producer Potash Corp was the most influential gainer, rising 3.9 percent to C $21.86, while Agrium Inc, which is set to merge with Potash later this year, advanced 3.9 percent to C $121.6. At 10:49 a.m. ET, the Toronto...

  • July 7- Missouri joined Arkansas on Friday in banning the use and sale of the weed killer dicamba after a rise in complaints that the agricultural chemical is drifting into neighboring fields and damaging crops, the states agriculture departments said on Friday. "Based on feedback and research, the Department of Agriculture is going to hit the pause button on...

  • Why Eloitt's strategy with AkzoNobel is positive

    Chris Bailey, European strategist at Raymond James, and Neil Dwane, global strategist at Allianz Global Investors, discuss the relationship between Elliott and AkzoNobel.

  • *Project seen costing between $3 billion and $5 billion. KHOBAR, Saudi Arabia, July 4- Saudi Aramco and France's Total are considering building a mixed-feed cracker and derivatives in Jubail, near their joint refining complex, industry sources said. Sadara operates a mixed-feed cracker, the first in Saudi Arabia.

  • LONDON, July 4- Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalised could see the French oil major investing up to $2 billion in Iran, an Iranian oil industry official said on Tuesday. "In the latest talks, the two sides have reached agreement for construction of petrochemical plants with the total...

  • LONDON, July 4- Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalized could see the French oil major investing up to $2 billion in Iran, an Iranian oil official said on Tuesday. "We predict that Total would invest $1.5 to $2 billion in Iran's petrochemical industry if we reach final agreement," Marzieh...

  • A technician inspecting chemical waste at a plant in Malaysia.

    Malaysia's Lotte Chemical Titan Holding said its IPO was priced at 6.50 ringgit ($1.51) per share, the bottom of an indicative price range.

  • *Cites overstocking at Brazil pesticides distributors. FRANKFURT, June 30- Bayer, which is taking over U.S. seeds group Monsanto, said poor sales at crop protection distributors in Brazil and a weaker-than-expected consumer health business would hit earnings by at least 300 million euros. The problems in Brazil would result in a one-time hit of 300- 400 million...

  • *Sees one-time hit of 300- 400 mln euros. *Cites overstocking at Brazil pesticides distributors. FRANKFURT, June 30- Bayer said on Friday it would cut its full-year earnings forecast due to high inventories at crop protection distributors in Brazil and a weaker-than-expected consumer health business.

  • June 28- U.S. seeds and agrochemicals company Monsanto Co, which is being bought by Germany's Bayer AG, reported a better-than-expected quarterly profit, helped by higher sales in its soybean business. Sales of soybean seed and traits, the company's second-biggest business by revenue, jumped 29.3 percent to $896 million in the third quarter ended May 31,...

  • Dow Chemicals' farm-to-fork approach in China

    Peter Wong, the Dow Chemical Company, talks to CNBC about how the company is working with the Chinese government to bring GMO food to consumers.

  • June 26- Glyphosate, an herbicide and the active ingredient in Monsanto Co's popular Roundup weed killer, will be added to California's list of chemicals known to cause cancer effective July 7, the state's Office of Environmental Health Hazard Assessment said on Monday. The listing is the latest legal setback for the seeds and chemicals company, which has faced...

  • June 26- Glyphosate, an herbicide and the active ingredient in Monsanto Co's popular Roundup weed killer, will be added to California's list of chemicals known to cause cancer effective July 7, the state's Office of Environmental Health Hazard Assessment said on Monday. We will continue to aggressively challenge this improper decision, " Scott Partridge,...

  • NEW YORK, June 26- Arconic Inc said on Monday it will stop global sales of plastic-filled aluminum cladding panels for use in high-rise buildings after a fire in London's Grenfell Tower, which used those Arconic panels, killed at least 79 people. Shares of the company, formerly a part of Alcoa, fell as much as 11.3 percent after Reuters reported on Saturday it had...

  • NEW YORK/ LONDON June 26- Arconic Inc said on Monday it was stopping global sales of plastic-filled aluminum cladding panels for use in high-rise buildings after a fire in London's Grenfell Tower, which used those Arconic panels, killed at least 79 people. Shares of the company, formerly a part of Alcoa, fell as much as 11.3 percent after Reuters reported on...

  • AMSTERDAM, June 26- Akzo Nobel's specialised chemicals division would expand quickly and profitably if it gets an injection of capital after being sold or listed, its chief executive Thierry Vanlancker told Reuters. "If we came across as pretty self confident it's because we are," Vanlancker said in his office in Amsterdam, arguing that major improvements could...

  • *Demand also strong from core importers India, Asia, Latam. LONDON, June 23- The global fertilizer market will find increasing support in coming years from growing demand in Africa where Chinese, Middle Eastern and U.S. companies invest in agriculture, according to one of the world's largest fertilizer firms. Rising demand in Brazil and India will also help clear...

  • *Demand also strong from core importers India, Asia, Latam. LONDON, June 23- The global fertiliser market will find increasing support in coming years from growing demand in Africa where Chinese, Middle Eastern and U.S. companies invest in agriculture, according to one of the world's largest fertiliser firms. Rising demand in Brazil and India will also help clear...