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  • CHICAGO, June 29- Metals company Alcoa Inc said on Wednesday it will spin off its traditional aluminum smelting business as part of its planned company split, with up to 19.9 percent of the new company owned by its business that serves aerospace and transportation industries. The company to be spun off will be named Alcoa Corp and the "value-added" business that...

  • CHICAGO, June 29- Monsanto Co is in talks with Bayer AG and other companies regarding "alternative strategic options," a month after it rejected the German company's $62- billion takeover offer, the U.S. seed producer said on Wednesday. "Monsanto remains the partner of choice in this industry and I assure you that we will continue to actively explore these...

  • CHICAGO, June 28- Metals company Alcoa Inc said on Wednesday that its planned split will consist of a spinoff of its traditional upstream smelting business, and that up to 19.9 percent of the new company will be owned by its value-added business that serves the aerospace and automotive industries. The company to be spun off will be named Alcoa Corp and the...

  • June 29- Monsanto Co said it was in talks with Bayer AG's management and others regarding "alternative strategic options," a month after the U.S. seed producer rejected the German company's $62 billion takeover offer. The net income attributable to Monsanto plunged more than 37 percent to $717 million, or $1.63 per share, in the third quarter ended May 31.

  • June 28- Canadian chemical company Canexus Corp said Canada's antitrust regulator had approved its proposed buyout by rival Superior Plus Corp.. Alberta- based Canexus also said on Tuesday that it was in talks with Superior Plus to potentially extend the closure of the deal to allow the Toronto- based company to litigate the action by the U.S. Federal Trade...

  • June 28- Canadian chemical company Canexus Corp said Canada's antitrust regulator had approved its proposed buyout by rival Superior Plus Corp.. This comes a day after the U.S. antitrust regulator filed a complaint to block the deal, saying the companies were two of the three manufacturers of a chemical needed to whiten wood pulp for paper production.

  • WASHINGTON, June 27- U.S. antitrust regulators filed a complaint on Monday to block the proposed merger of Canadian chemical companies Superior Plus Corp and Canexus Corp.. The U.S. Federal Trade Commission said in a statement that the companies are among three major North American producers of sodium chlorate, a chemical used to whiten wood pulp for making...

  • WASHINGTON, June 27- U.S. antitrust regulators filed a complaint on Monday to block the proposed merger of Canadian chemical companies Superior Plus Corp and Canexus Corp.. Toronto- based Superior Plus Corp said in October that it would buy chemicals and handling company Canexus Corp, based in Alberta, as it looked to expand its specialty chemicals portfolio.

  • Scientist in a lab over petri dishes

    Brexit worries weighed on chemical stocks Monday as many companies in the sector have 'significant' exposure to Europe.

  • *India to buy 700,000 tonnes at $227 a tonne. *India, China are world's biggest fertilizer consumers. MINSK/ MUMBAI, June 27- Belarus has agreed to sell potash to India at the lowest price in a decade and about a third less than last year's level as global supplies of the crop nutrient exceed demand.

  • BRUSSELS, June 24- An impasse between EU nations on whether to allow Monsanto's Roundup and similar weed-killers to continue to be sold means that the European Commission, rather than national politicians, will decide the issue next week. With most EU attention focused on Britain's shock decision to quit the bloc, everyday work continued in Brussels on Friday...

  • CHICAGO, June 22- Dupont and Bayer AG have teamed up to invest in a new fund that will back agricultural technology startups, becoming the latest companies to pile into the multibillion-dollar industry as farm profits shrink. The two chemical and seed companies along with venture capital firm Finistere Ventures and two others have launched a $15 million...

  • CHICAGO, June 22- Dupont and Bayer AG have teamed up to invest in a new fund that will back agricultural technology startups, becoming the latest companies to pile into the multibillion-dollar industry as farm profits shrink. The two chemical and seed companies along with venture capital firm Finistere Ventures and two others have launched a $15 million...

  • NEW DELHI, June 21- India's cash-rich state coal, power and oil firms will jointly invest nearly $3 billion to revive three mothballed fertilizer plants, a government official said on Tuesday, as the country aims to increase local production of crop nutrients and cut imports. India produced 24.5 million tonnes of urea in the financial year ended March 2016, but...

  • BRUSSELS, June 20- France will vote on Friday against the continued use of weedkiller glyphosate, its environment minister said, adding to uncertainty over the future of widely-used products such as Monsanto's Roundup in the European Union. "France will vote against the glyphosate vote," Segolene Royal told journalists, ahead of a meeting of EU environment...

  • FRANKFURT, June 17- Germany's BASF SE, the world's largest chemical producer, is buying Albemarle Corp's surface-treatment unit Chemetall for $3.2 billion in cash, bolstering its automotive coatings business, the companies said on Friday. It is also the first major takeover under Chief Executive Kurt Bock, who has focused more on cutbacks and divestments...

  • FRANKFURT, June 17- Germany's BASF SE, the world's largest chemical producer, is buying Albemarle Corp's surface-treatment unit Chemetall for $3.2 billion in cash, bolstering its automotive coatings business, the companies said on Friday. Frankfurt- based Chemetall is a global supplier of specialty chemicals used in surface treatment of metals and plastics.

  • June 17- Chemical producer Albemarle Corp said it would sell its surface-treatment unit to Germany's BASF SE, the world's largest chemical producer, for $3.2 billion in cash.

  • NEW YORK, June 16- Julie Smolyansky has spent more than a decade as chief executive officer of her family's successful business, but her path to the corner office was unplanned. Her mother and brother are also involved in the company, which had revenue of $118 million in 2015, as well as in a family charitable foundation. The family has come a long way from its arrival...

  • LAKE CHARLES, Louisiana, June 14- Lotte Group, rocked by an investigation by South Korean prosecutors, said on Tuesday it would definitely refile plans for an initial public offering by its Hotel Lotte division, with an aim to list around the end of this year. Hotel Lotte on Monday postponed a planned listing worth up to $4.5 billion after prosecutors on Friday...