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Chemicals Fertilizers and Agricultural Chemicals

  • LEVERKUSEN, Germany, Feb 22- German drugs and pesticides maker Bayer forecast a year without earnings growth for its agricultural products business on Wednesday, as it seeks to complete its $66 billion deal to take over U.S. seeds giant Monsanto. The shares were down 1.8 percent at 106.95 euros at 1319 GMT, reversing gains made over the last three trading sessions...

  • The chemical products maker is considering a potential split in its businesses, Bloomberg reported, citing people familiar with the matter.

  • *India, China are world's biggest potash importers. Although global prices have been falling, a reduction in government support in India would make potash relatively expensive for the companies that import it. India's fertiliser ministry has proposed fixing the potash subsidy at 7,669 rupees a tonne for the 2017-18 fiscal year beginning in April, down from...

  • *India and China are world's biggest potash importers. Although global prices have been falling, a reduction in government support in India- which alongside China is the world's biggest bulk potash importer- will make potash relatively expensive for the companies that import it. India's fertilizer ministry has proposed fixing the potash subsidy at 7,669...

  • DEERFIELD, Ill. _ CF Industries Holdings Inc. on Wednesday reported a fourth-quarter loss of $320 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. Four analysts surveyed by Zacks expected $905.6 million.

  • TEL AVIV, Israel _ Israel Chemicals Ltd. on Wednesday reported fourth-quarter net income of $32 million. The Tel Aviv, Israel- based company said it had profit of 3 cents per share. For the year, the company reported a loss of $122 million, or 10 cents per share, swinging to a loss in the period.

  • *Phosagro biggest shareholders raise $252 mln in share offering. MOSCOW, Feb 9- The controlling shareholder in Russian fertiliser producer Phosagro has sold a 4.5 percent stake in the company, raising 14.9 billion roubles in the Moscow share market's third offering so far this year. Shares in Phosagro, one of the world's largest producers of phosphate rock, hit...

  • *Phosagro biggest shareholders raise $252 mln in share offering. MOSCOW, Feb 9- The controlling shareholder in Russian fertiliser producer Phosagro has sold a 4.5 percent stake in the company, raising 14.9 billion roubles in the Moscow share market's third offering so far this year. Shares in Phosagro, one of the world's largest producers of phosphate rock, hit...

  • Net earnings attributable to Mosaic fell to $12 million, or 3 cents per share, in the three months ended Dec. 31, from $155 million, or 44 cents per share, a year earlier. On a per share basis, the company recorded a charge of 23 cents, compared with 16 cents a year earlier. Plymouth, Minnesota- based Mosaic's net sales fell to $1.86 billion, but was slightly above analysts'...

  • MEXICO CITY, Jan 30- A ban on planting genetically modified corn in Mexico is likely to continue for years as a slow-moving legal battle grinds on, said a top executive of U.S.-based seed and agrochemical company Monsanto Co.. While Mexico is self-sufficient in white corn used to make the country's staple tortillas, it depends on imports of mostly GMO yellow corn...

  • *Prices crashed after China abolished seasonal duty in 2015. *Expands trading in Europe, Latin America. LONDON, Jan 27- The global fertilizers market is set to rebalance as China reduces exports after flooding the market in the past few years, said the head of Phosagro, the Russian fertilizer giant.

  • *Prices crashed after China abolished seasonal duty in 2015. *Expands trading in Europe, Latin America. LONDON, Jan 27- The global fertilisers market is set to rebalance as China reduces exports after flooding the market in the past few years, said the head of Phosagro, the Russian fertiliser giant.

  • Canada's Potash Corp of Saskatchewan Inc, the biggest fertilizer producer, forecast a much less profitable year on Thursday than analysts expected, and reported a surprisingly big drop in quarterly profit. Oversupplied conditions may improve between 2020 and 2022, said Agrium Chief Executive Chuck Magro at a British Columbia investor conference on...

  • Oversupplied conditions may improve between 2020 and 2022, said Agrium Chief Executive Officer Chuck Magro, speaking at an investor conference in British Columbia on Wednesday. Agrium Inc and Potash Corp plan to merge by mid-2017 to cut costs and better compete. Germany's K+ S AG will ramp up production at its new Western Canada mine this year, while EuroChem...

  • Jan 26- Canada's Potash Corp of Saskatchewan Inc forecast a less profitable year on Thursday than analysts expect, and reported a surprisingly big drop in quarterly profit as a deep slump continued in the oversupplied fertilizer sector. Potash Corp said it expected earnings of 35 cents to 55 cents per share in 2017, including costs related to its pending...

  • Potash Corp and rival Agrium Inc announced in September a plan to merge, combining Potash Corp's fertilizer capacity, the world's largest, and Agrium's farm retail network, North America's biggest. Agrium's chief executive said on Wednesday that the merger had received regulatory approval from Russia and Brazil but was awaiting approval from the United...

  • 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.