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Materials and Metals Chemicals

  • LONDON, April 13- Results of a new animal study into possible health risks of the weedkiller glyphosate will be published in time to inform a key EU re-licensing vote due by the end of 2017, according to the researcher leading the trial. A row over possible effects of glyphosate- an ingredient in Monsanto's big-selling herbicide Roundup- has prompted...

  • BEIJING, April 13- Sinopec Corp said on Thursday that a fire in a warehouse at a petrochemical and refining complex in southern China operated by one of its subsidiaries was under control and had not affected production. Sinopec said in a statement the fire started at 9:55 local time on Thursday in a warehouse for synthetic rubber in the facility operated by...

  • AMSTERDAM, April 12- Rebel shareholders in Dutch paint maker Akzo Nobel want to oust the company chairman after Akzo refused to engage in takeover talks with U.S. rival PPG Industries. Elliott Investors, one of Akzo's largest shareholders, said in a statement it was one of a group of investors that meets the Dutch legal threshold of 10 percent support needed to...

  • PARIS, April 12- French oil and gas company Total said on Wednesday that its South Korean joint venture with Hanwha will invest $450 million in the group's refining and petrochemicals platform to expand capacity in order to meet growing demand from China. The company said the investment will increase the Daesan complex's ethylene capacity by 30 percent to 1.4...

  • *Cheaper LPG curbing demand for naphtha. SINGAPORE, April 10- Asian petrochemical makers are ramping up purchases of liquefied petroleum gas to use as an alternative feedstock to naphtha, looking to snap up cheap cargoes as heating demand for LPG fades in the wake of winter. Four traders said that Taiwan's Formosa Petrochemical Corp, Asia's top naphtha importer,...

  • *Cheaper LPG curbing demand for naphtha. SINGAPORE, April 10- Asian petrochemical makers are ramping up purchases of liquefied petroleum gas to use as an alternative feedstock to naphtha, looking to snap up cheap cargoes as heating demand for LPG fades in the wake of winter. Four traders said that Taiwan's Formosa Petrochemical Corp, Asia's top naphtha importer,...

  • *Investors like synthetic biology's market potential. LONDON, April 6- Scientists are getting closer to building life from scratch and technology pioneers are taking notice, with record sums moving into a field that could deliver novel drugs, materials, chemicals and even perfumes. Matt Ocko, a Silicon Valley venture capitalist whose past investments include...

  • MEXICO CITY, April 5- State-owned oil company Pemex said on Wednesday that Mexican prosecutors have called for testimony from Pemex officials in an investigation of a bribery scandal around Brazil- based builder Odebrecht. Pemex also signed two contracts with Odebrecht for the construction at the Tula refinery in central Mexico. According to the U.S. court...

  • CHICAGO, April 5- U.S. seeds and agrochemicals company Monsanto Co, which is in the process of being bought by Germany's Bayer AG for $66 billion, reported a better-than-expected quarterly profit on Wednesday, helped by strong demand for its soybean and corn seeds. The world's largest seed supplier said sales of corn seeds and traits rose 8 percent, while sales of...

  • April 5- U.S. seeds and agrochemicals company Monsanto Co, which is being bought by Germany's Bayer AG for $66 billion, reported a better-than-expected quarterly profit on Wednesday, helped by strong demand for its soybean and corn seeds. Monsanto said sales of corn seed and traits rose 8 percent, while sales of soybean seeds and traits jumped 10.2 percent in the...

  • April 5- U.S. seeds and agrochemicals company Monsanto Co, which is being bought by Germany's Bayer for $66 billion, reported a better-than-expected quarterly profit on Wednesday, helped by strong demand for its soybean and corn seeds. Monsanto said sales of corn seed and traits rose 8 percent, while sales of soybean seeds and traits jumped 10.2 percent in the...

  • April 5- U.S. seeds and agrochemicals company Monsanto Co, which is in the process of being bought by Germany's Bayer AG for $66 billion, reported a 28.7 percent rise in quarterly profit, helped by strong demand for soybean and corn seeds. Net profit attributable to Monsanto rose to $1.37 billion, or $3.09 per share, in the second quarter ended Feb. 28, from $1.06...

  • A picture taken on April 4, 2017 shows destruction at a hospital in Khan Sheikhun, a rebel-held town in the northwestern Syrian Idlib province, following a suspected toxic gas attack.

    Russia's defence ministry said on Wednesday that a poisonous gas contamination in the Syrian town of Khan Sheikhoun was the result of gas leaking from a rebel chemical weapons depot.

  • The logo of Swiss agrochemicals maker Syngenta adorns it's plant in Muenchwilen, Switzerland.

    U.S. regulators have given tentative approval to a Chinese conglomerate's proposed $43 billion acquisition of Swiss agribusiness giant Syngenta.

  • Natural gas is flared at a Pioneer Natural Resources well in Texas.

    TipRanks identified the top analysts covering the commodity sector and their top picks right now.

  • NEW YORK, March 31- Brazilian petrochemical company Braskem SA must face the main part of a shareholder lawsuit over its role in a massive bribery scandal that engulfed Brazil's state-owned oil company Petrobras SA, a U.S. judge has ruled. District Judge Paul Engelmayer in Manhattan said holders of Braskem's American depositary receipts may pursue claims...

  • BERLIN, March 29- European worker representatives of German industrial gases group Linde are opposed to a merger with U.S. rival Praxair and want labor members of the supervisory board to vote against the deal, a letter seen by Reuters shows. The German and U.S. industrial-gases groups are working to finalize terms of a merger that would create a $30 billion...

  • NEW DELHI/ WINNIPEG, March 29- India's competition regulator said the proposed merger of fertilizer producers Agrium Inc and Potash Corp of Saskatchewan Inc is likely to hurt competition, but the comments were not expected to prevent the merger. Neither Canadian company has a physical presence in India, but they supply potash to India through Canpotex Ltd,...

  • PARIS, March 27- French oil and gas major Total said it aims to become a major player in the U.S. polyethylene market as it announced a $1.7 billion joint venture on Monday with Austria's Borealis and Canada's Nova Chemical. The new venture plans to build a 1 million tonne per year ethane steam cracker in Port Arthur, Texas, and is also considering building a 625,000...

  • Andrey Guryev, chief executive officer of PhosAgro.

    Trump's protectionist agenda is unlikely to hamper the growth prospects of Russian agrichemicals giant PhosAgro, the group's CEO said on Monday.