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Chemicals Fertilizers and Agricultural Chemicals

  • SANTIAGO, Jan 13- Chilean lithium and fertilizer giant SQM said on Friday it had agreed to pay more than $30 million in penalties to the U.S. Department of Justice and Securities and Exchange Commission to resolve a probe over alleged fake invoices. Meanwhile, SQM said it had agreed with the SEC to pay a penalty of $15 million, also over accounting violations.

  • 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...

  • 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...

  • Chicago, 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...

  • 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.

  • *Global M&A volume fell 17 pct to $3.6 trln vs 2015' s record. *China outbound cross-border M&A a record $221 billion. NEW YORK/ LONDON, Dec 29- A telecommunications carrier seeks to become a TV network and movie studio owner.

  • Material sector sparks rally in chemical stocks

    Jonas Oxgaard, Sanford C. Bernstein weighs in on what's boosting the material sector, including China's consumption of commodities.

  • SANTIAGO, Dec 15- Chilean holding company Oro Blanco said on Thursday it had decided not to go ahead with the sale of an indirect stake in lithium and fertilizer. firm SQM after no suitable offers. The terms and conditions of the offers received "did not contribute to the interests of the company or its shareholders, while one of the conditions would have been...

  • CHICAGO, Dec 13- Shareholders of U.S. seeds and agrochemicals company Monsanto Co approved the company's $66 billion acquisition by Bayer AG on Tuesday, a deal that still requires regulatory approval to close as expected in late 2017.. Increased research and development spending by the combined companies and plans to develop a global seeds and biotechnology...

  • Dec 8- Washington state filed an environmental lawsuit on Thursday against agricultural company Monsanto Co seeking damages and cleanup costs associated with the company's production of PCBs, the state's attorney general said. The lawsuit- against Monsanto and two of its splinter companies, Solutia Inc and Pharmacia LLC- seeks compensation for damages to...

  • Dec 8- Washington state filed an environmental lawsuit on Thursday against agricultural company Monsanto Co seeking damages and cleanup costs associated with the company's production of PCBs, the state's attorney general said. The lawsuit- against Monsanto and two of its splinter companies, Solutia Inc and Pharmacia LLC- seeks compensation for damages to...

  • WINNIPEG, Manitoba, Nov 23- Canada may ban an insect-killing chemical used to protect crops because it harms aquatic bugs, including midges and mayflies, while the government continues to investigate whether imidacloprid poses a risk to bees. There is no such ban anywhere in North America yet, said Scott Kirby, director general of environmental assessment at...

  • WINNIPEG, Manitoba, Nov 23- A Canadian government agency recommends phasing out an insect-killing chemical used on farms to protect crops, saying that it also harms aquatic bugs, including midges and mayflies. The Pest Management Regulatory Agency said on Wednesday that imidacloprid, used on a variety of crops, should be phased out in three years, or five years...

  • Potash Corp is still completing a multiyear expansion of its Rocanville, Saskatchewan, mine. Potash Corp has long matched supply to demand, and that practice will continue, spokesman Randy Burton said. Potash Corp shares dipped 1 percent in New York.

  • The company said it would cut production at its Cory, Saskatchewan, mine to 0.8 million tonnes a year from 1.4 million, resulting in a reduction of 100 jobs and 40 temporary positions starting in February. Potash Corp is still completing a multiyear expansion of its Rocanville, Saskatchewan, mine. Potash Corp shares dipped 0.8 percent in New York.

  • TORONTO, Nov 23- Canada's main stock index was pushed lower on Wednesday by sharp declines among gold mining stocks as the precious metal slid to a nine-month low. Barrick Gold Corp fell 4.9 percent to C $19.63, and Goldcorp Inc declined 5.1 percent to C $17.22. Potash Corp slipped 0.4 percent to C $23.97.