Chemicals Fertilizers and Agricultural Chemicals

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  • Potash prices have fallen sharply over the past year due to overcapacity, declining farm income and weak currencies in major consumers such as India and Brazil. The company cut its 2016 earnings forecast to 60 cents- 80 cents per share from 90 cents- $1.20 per share. The company's net earnings fell to $75 million, or 9 cents per share, in the three months ended March 31,...

  • April 28- Potash Corp of Saskatchewan, the world's biggest fertilizer company by capacity, reported a 79.7 percent fall in first-quarter profit, hurt by weak potash prices. The company's net earnings fell to $75 million, or 9 cents per share, in the three months ended March 31, from $370 million, or 44 cents per share, a year earlier. Revenue fell 27.4 percent to $1.21...

  • LONDON, April 18- The latest dispute to blow up around the International Agency for Research on Cancer concerns glyphosate, an ingredient in one of the world's most widely-used weed killers, Roundup, made by Monsanto. The World Health Organization- IARC's parent organisation- and the United States Environmental Protection Agency, which first assessed...

  • LONDON, April 18- The latest dispute to blow up around the International Agency for Research on Cancer concerns glyphosate, an ingredient in one of the world's most widely-used weed killers, Roundup, made by Monsanto. The World Health Organization- IARC's parent organization- and the United States Environmental Protection Agency, which first assessed...

  • TORONTO, April 14- Canada's main stock index fell slightly on Thursday as lower commodity prices weighed on energy and mining stocks, while financial sector stocks rose. Barrick Gold Corp fell 3.7 percent to C $19.81, while Goldcorp Inc was also down 3.7 percent at C $21.31. Fertilizer producers also dragged, including a 5.3 percent drop in Agrium Inc to C $107.02...

  • TORONTO, April 14- Canada's main stock index was flat in morning trade on Thursday as materials stocks weighed and Bombardier Inc jumped on speculation of a pending order for its aircraft. The most influential weights on the index included fertilizer producers Agrium Inc, which fell 4.5 percent to C $107.85, and Potash Corp, down 2.5 percent to C $20.85 after...

  • *European Commission had proposed 15- year renewal. BRUSSELS, April 13- European politicians advised on Wednesday that the herbicide glyphosate should only be approved for another seven years, rather than the 15 proposed by the EU executive, and should not be used by the general public. Angelique Delahaye, a French member of the European People's Party, the main...

  • PARIS, April 8- France's health and safety agency is poised to ban weedkillers that combine chemicals glyphosate and tallowamine because of concerns over possible health risks, it said Friday. The agency had reviewed products combining glyphosate and tallowamine after conclusions published in November by the European Food Safety Agency suggested there...

  • PARIS, April 8- France's health and safety agency has decided to ban weedkillers that combine chemicals glyphosate and tallowamine because of uncertainty over possible health risks, it said on Friday. Glyphosate, a common ingredient in weedkillers such as Monsanto's Roundup, has been the subject of fierce debate in the past year since a World Health...

  • BEIJING, April 8- Around 400 Chinese citizens have signed a letter to protest the purchase of Swiss-based seeds and pesticides company Syngenta by state-owned ChemChina, saying the deal would eventually lead to genetically modified crops being sown across swathes of the country. It also underscores fears among some of the public that the government is...

  • BRASILIA, April 6- Vale SA denied a report on Wednesday that it was negotiating a sale of fertilizer assets to Norway's Yara International as the Brazilian miner seeks to raise cash following its biggest quarterly loss in decades. Citing unnamed sources, Valor said the deal could yield Vale $1.2 billion. Vale is seeking to sell $10 billion in assets over the next...

  • MONSANTO CEO SAYS SEEDS AND AGROCHEMICALS INDUSTRY CONTINUES TO RATIONALIZE, NO LONGER SEES LARGE-SCALE M&A AS AN OPPORTUNITY.

  • BRASILIA, April 6- Brazilian miner Vale SA could sell a minority stake in its fertilizer unit by the end of the year as part of a bid to raise cash after its biggest quarterly loss in decades, newspaper Valor said on Wednesday. Valor, citing unnamed market sources, tipped Norwegian fertilizer maker Yara International ASA as a potential buyer in a deal that could...

  • April 4- North Dakota farmer Randy Thompson plans to apply 30 percent less nitrogen fertilizer to his corn this year to save money in the face of crashing crop prices. In Minnesota, Andy Pulk is trucking crop nutrients to his farm from 350 miles away because he found a better price than his local cooperative could offer. Last month, the company cut its full-year...

  • The oil market is reaching some stability after earlier volatility, the vice chairman of Saudi petrochemicals giant SABIC said.

  • BRIEF-TOYO ENGINEERING TO BUILD A FERTILIZER PLANT IN INDIA-. *Toyo Engineering is building what would be one of the world's largest fertilizer plants in India- Nikkei. *Toyo Engineering won a roughly 70 billion yen turnkey contract from Chambal Fertilisers And Chemicals for a new plant in state of Rajasthan.

  • FRANKFURT, March 21- Shares in German drugs and pesticides maker Bayer rose more than 5 percent on Monday after sources close to the matter told Reuters that Monsanto was interested in a deal with its crop science business. Bayer's shares gained as much as 5.4 percent on Monday, and at 1235 GMT were up 3.2 percent at 102.45 euros, a 7- week high. Bloomberg at the...

  • NEW YORK, March 11- U.S. companies hit hard by a 37 percent devaluation in the Argentine peso are nonetheless gearing up to do more business there, betting short-term pain as the South American country liberalizes its economy will lead to long term gains. The rekindled relationship between the United States and Argentina, brought on by the country's new...

  • BRUSSELS, March 8- The European Union on Tuesday put off a decision on whether to extend approval for weedkiller ingredient glyphosate, used in herbicides including Monsanto's Roundup, after a dispute between EU and U.N. agencies over whether it causes cancer. Experts from all 28 member states attended a closed-door meeting on Monday and Tuesday in Brussels,...

  • BRUSSELS, March 3- The European Union is expected to extend approval next week for weed-killer ingredient glyphosate, used in many herbicides including Monsanto's Roundup, despite a dispute between EU and U.N. agencies over whether it causes cancer. Experts from all 28 member states will hold a closed-door meeting on Monday and Tuesday in Brussels and appear...