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Materials and Metals Chemicals

  • Kinder Morgan said natural gas transport volumes fell 2 percent in the quarter, however it expects future natural gas infrastructure to grow due to higher demand from gas-fired power generators, exports to Mexico and growth in the U.S. petrochemical industry. The company reported a net profit attributable to shareholders of $170 million, or 8 cents per share,...

  • Monsanto DeKalb brand hybrid corn is loaded into a Case IH planter in a field in Princeton, Ill., April 18, 2016.

    After meeting with President-elect Donald Trump, Bayer and Monsanto pledged jobs and investment, but is this spending new?

  • *Refinery outages hit crude demand just as OPEC cuts production. The higher Asian refining margins have beat back concerns that profits would fall as crude oil prices gained as the Organization of the Petroleum Exporting Countries and non- OPEC producers began to implement their agreed production cuts from January to reduce global oversupply.

  • 2017 should be better for us: PhosAgro CEO

    PhosAgro CEO Andrey Guryev discusses the prospects for his company in the coming year.

  • 2017 a year of expectation for Russian foreign relations: PhosAgro CEO

    PhosAgro CEO Andrey Guryev discusses Russia's relationship with global superpowers China and the U.S.

  • BRASILIA, Jan 16- Brazil will increase a subsidized credit line available to farmers to prepare for the 2017-2018 crop by about one-fifth to 12 billion reais, President Michel Temer told Reuters on Monday. The new crop financing will allow Brazilian producers to purchase agricultural inputs such as seeds, fertilizers and pesticides at reduced interest rates...

  • Confident Syngenta and ChemChina will finish deal: CEO

    Syngenta CEO Erik Fyrwald discusses his upcoming deal with ChemChina.

  • *Refinery expected to be back online this week- source. SINGAPORE/ DUBAI, Jan 16- Abu Dhabi National Oil Company has shut half the capacity at its 800,000 barrels-per-day Ruwais refinery after a fire there last week, three industry sources familiar with the matter said on Monday. The refinery mainly processes ADNOC's flagship Murban crude and the producer has...

  • Betting big on lithium

    Luke Kissam, Albemarle CEO, discusses the demand for lithium due to the growing need for batteries.

  • FRANKFURT, Jan 12- German drugs and pesticides maker Bayer, which will need regulatory approval for its $66 billion deal to buy U.S. seeds giant Monsanto, said company chief executives had a productive meeting with U.S. president-elect Donald Trump. Trump talked to Bayer Chief Executive Werner Baumann, Monsanto CEO Hugh Grant and some of their advisers in New...

  • President-elect Donald Trump continued holding meetings on Wednesday in New York as he prepared to take over the White House from Barack Obama on Jan. 20. *Investment banker, head of Ducera Partners, advising on Bayer-Monsanto merger. *New York- based media specialist involved with Bayer-Monsanto merger.

  • WINNIPEG, Manitoba, Jan 11- Makers of fertilizers that boost corn and palm growth are taking advantage of higher profit margins for uses in other industries, such as oil drilling and livestock feed, to ride out a severe slump. Canada's Agrium Inc said on Tuesday that nearly one-sixth of production at its new Borger, Texas urea nitrogen plant will be diesel exhaust...

  • SAO PAULO, Jan 5- A fire broke out on Thursday at a Vale fertilizer unit in Sao Paulo state, the company confirmed. It was not immediately clear what, if any, damage, there was, but production at the facility halted. G1, the website for Globo TV, reported that an explosion was heard just before the fire broke out and that ammonium nitrate was spewing from the facility in the...

  • SAO PAULO, Jan 5- A fire broke out on Thursday at a Vale fertilizer unit in Sao Paulo state, the company confirmed. It was not immediately clear what, if any, damage, there was, but production at the facility halted. G1, the website for Globo TV, reported that an explosion was heard just before the fire broke out and that ammonium nitrate was spewing from the facility in the...

  • Jan 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, swung to a quarterly profit, helped by higher demand from South America. Sales of soybean seeds and traits jumped 37 percent as more farmers in South America sowed the company's genetically modified soybean seed Intacta RR2 Pro.

  • Jan 5- U.S. seeds and agrochemicals company Monsanto Co, which is being bought by Germany's Bayer for $66 billion, swung to a quarterly profit, helped by higher demand from South America. Sales of soybean seeds and traits jumped 37 percent as more farmers in South America sowed the company's genetically modified soybean seed Intacta RR2 Pro.

  • Jan 5- U.S. seeds and agrochemicals company Monsanto Co, which is being bought by Germany's Bayer for $66 billion, swung to a quarterly profit, helped by higher demand from South America. The net profit attributable to Monsanto was $29 million, or 7 cents per share, in the first quarter ended Nov. 30, compared with a loss of $253 million, or 56 cents per share, a year earlier.

  • *Emaar Properties pulls down Dubai. DUBAI, Dec 28- Major Gulf stock markets were mixed in quiet trade on Wednesday although some second-tier Saudi petrochemical stocks rose sharply after oil prices climbed overnight. Dubai's index dropped 0.6 percent in moderate trading volume because of a 2.5 percent drop by Emaar Properties.

  • Dec 22- Goldman Sachs Group Inc named former chair and chief executive officer of E.I. du Pont de Nemours and Co Ellen Kullman to its board of directors, according to a filing made public on Thursday. Kullman, who retired from the chemical company in 2015, becomes an independent director of the Wall Street firm effectively immediately. Kullman had served as...

  • *Penalty latest fallout from Brazil's "Operation Car Wash". NEW YORK, Dec 21- Brazil- based construction colossus Odebrecht SA and affiliated petrochemical company Braskem SA agreed on Wednesday to pay at least $3.5 billion, the largest penalty ever in a foreign bribery case, to resolve international charges involving payoffs to Brazil's state oil company and...