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Chemicals Fertilizers and Agricultural Chemicals


  • SINGAPORE, March 11- Brazil's corn output is likely to come under pressure this year due to unfriendly crop weather, while high costs for fertilizers in strife-torn Ukraine will curb production there, a senior agricultural analyst said on Wednesday. Lower supplies in Brazil and Ukraine, the world's second and third largest corn exporters after the United...

  • WELLINGTON, March 10- Suspected environmental activists have threatened to contaminate infant formula in New Zealand, the world's largest dairy exporter, in an attempt to halt the use of an agricultural poison on pests such as rats and possums. New Zealand police said on Tuesday letters were sent to the national farmers' group and dairy giant Fonterra in...

  • SAO PAULO, March 2- Potash Corporation of Saskatchewan Inc, the world's largest fertilizer company by market value, agreed on Monday to pay about $56 million for a 9.5 percent stake in Brazilian rival Fertilizantes Heringer SA, the latest effort by Potash to grow in Latin America's largest economy. Under terms of the agreement, PotashCorp will acquire the stake...

  • Potash Corp to buy stake in Brazil's Heringer Monday, 2 Mar 2015 | 8:26 AM ET

    March 2- Potash Corp of Saskatchewan Inc, the world's biggest fertilizer company by market capitalization, said it would buy a 9.5 percent stake in Brazil's Fertilizantes Heringer SA from its controlling shareholders for $55.7 million. The deal, expected to close in the second half of this year, will pave the way for a long-term potash supply agreement, allowing...

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • MOSCOW, Feb 20- Russian fertiliser producers are willing to cut prices by up to 33 percent for domestic customers, Russian news agencies reported on Friday, citing Igor Artemyev, head of the country's Federal Anti-Monopoly Service. Artemyev's comments came after Deputy Prime Minister Arkady Dvorkovich said that Russia did not plan to impose an export tax on...

  • OSLO/ FRANKFURT, Feb 19- Norwegian fertiliser maker Yara and German chemicals firm BASF will spend $600 million building an ammonia plant in Texas, taking advantage of cheap shale gas to expand their presence in the United States, the companies said. Yara will own 68 percent of the project, to be built on BASF's industrial complex in Freeport, while the German firm...

  • Water, air quality fears conflict with pig farms Monday, 16 Feb 2015 | 10:19 AM ET

    Modern meat production has proven to be efficient and profitable, but comes with its own set of problems.

  • JERUSALEM, Feb 16- Israel's main labour union threatened on Monday to shut Israel Chemicals main Dead Sea potash operations if the fertilizer and specialty chemicals maker does not revise a plan to cut jobs. ICL, which has exclusive permits to extract minerals from the Dead Sea, is one of the three largest suppliers of the crop nutrient potash to China, India and...

  • Feb 11- U.S. fertilizer company Mosaic Co's fourth-quarter profit nearly tripled, helped by strong demand for phosphates and potash. The company's shares rose 2.3 percent at $51.94 in morning trading in New York on Wednesday. Rival Potash Corp of Saskatchewan last month reported higher-than-expected quarterly profit.

  • OSLO, Feb 11- Norway's Yara posted a fourth-quarter operating profit up more than fourfold on Wednesday, allowing the world's biggest nitrogen-based fertiliser maker to raise its dividend. With production still curtailed in places such as Ukraine, China and Egypt, fertiliser prices are holding up while the price of natural gas, the chief raw material in its...

  • MOSCOW, Feb 8- Russia has put 199 major companies on a list of strategic firms eligible for state assistance under the government's plan to help the ailing economy, the Economy Ministry said on Sunday. Russia is sliding towards recession and Moscow has come up with an anti-crisis plan promising state support for various sectors of the economy but giving few...

  • Potash's profit beats as sales rise, costs fall Thursday, 29 Jan 2015 | 10:52 AM ET
    A worker prepares a railcar to transport potash from the Potash of Saskatchewan Lanigan mine in Lanigan, Sasketchewan, Canada.

    Potash Corp. of Saskatchewan reported a better-than-expected quarterly profit, helped by strong potash sales and lower costs.

  • Monsanto plants its seed into farming Wednesday, 7 Jan 2015 | 5:45 AM ET
    Monsanto plants its seed into farming

    Agriculture company Monsanto is set to report its Q1 earnings this week. Michael Cox, senior research analyst at Piper Jaffray, discusses the company and how it's bringing new technology to South America.

  • DuPont profit jumps as margins improve Tuesday, 28 Oct 2014 | 6:01 AM ET

    DuPont reported a 52 percent jump in profit as operating margins rose in five of its seven businesses.

  • Fertilizer stocks take a hit Tuesday, 30 Jul 2013 | 9:16 AM ET
    Fertilizer stocks take a hit

    Shares of Potash, Agrium and Mosaic are tumbling in pre-market action after Russian company Uralkali pulls out of a venture with Potash, reports CNBC's Carl Quintanilla.

  • West Fertilizer Plant Showed Few Warning Signs Thursday, 18 Apr 2013 | 5:47 PM ET
    Firefighters conduct search and rescue operations at a destroyed apartment complex near the fertilizer plant in West, Texas.

    There was little indication that the Texas facility that had a massive explosion on Thursday posed a danger to the community, according to evaluations by oversight groups.

  • Up to 15 Dead After Texas Plant Blast Thursday, 18 Apr 2013 | 11:26 AM ET
    Up to 15 Dead After Texas Plant Blast

    CNBC's Carl Quintanilla reports the latest details on yesterday's deadly explosion at a fertilizer plant in Texas. And, a look at how the fertlizer stocks are reacting today, with CNBC's Josh Lipton.

  • Soft Commodities Will Not Soften: Expert Wednesday, 13 Mar 2013 | 12:20 PM ET
    Soft Commodities Will Not Soften: Expert

    Maxim Volkov, CEO of PhosAgro, says soft commodity prices will not fall, and added that flexible production lines mean PhosAgro can overcome cyclicality.

  • Syngenta Upbeat for Spring Planting Season Wednesday, 6 Feb 2013 | 2:20 AM ET

    Syngenta, the world's largest agrochemicals company, said it was confident ahead of the upcoming planting season and will hike its dividend 19 percent after it posted a full-year net profit that beat expectations.