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Chemicals Fertilizers and Agricultural Chemicals

  • 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.

  • WINNIPEG, Manitoba, Nov 23- Potash Corp of Saskatchewan Inc, the world's biggest fertilizer maker by capacity, said on Wednesday that it was reducing output at one Canadian mine and temporarily curtailing production at two others, as the sector struggles with weak prices.

  • SANTIAGO, Nov 22- Chile's SVS securities regulator said on Tuesday that the eventual buyer of Oro Blanco's stake in Pampa Calichera must make a public offer to shareholders in fertilizer company SQM if the acquisition allows the purchaser to control SQM's board. An indirect stake in Chile's SQM, one of the world's biggest lithium and iodine suppliers, has been...

  • ADDIS ABABA, Nov 19- Morocco's Office Cherifien des Phosphates, the world's largest phosphate exporter, signed a deal with Ethiopia on Saturday to build a $3.7 billion plant to produce fertilisers. The agreement signed with state-run Ethiopian firm Chemical Industries Corporation will enable the construction of a new plant in the town of Dire Dawa in eastern...

  • ADDIS ABABA, Nov 19- Morocco's Office Cherifien des Phosphates, the world's largest phosphate exporter, signed a deal with Ethiopia on Saturday to build a $3.7 billion plant to produce fertilizers. The agreement signed with state-run Ethiopian firm Chemical Industries Corporation will enable the construction of a new plant in the town of Dire Dawa in eastern...

  • Environmental groups criticized the EPA approval. The EPA signed off on Monsanto's XtendiMax herbicide for in-crop use on Roundup Ready 2 Xtend biotech soybeans, designed to tolerate applications of glyphosate and dicamba, and its Bollgard II XtendFlex cotton, which can tolerate the two chemicals as well as glufosinate. The company is still awaiting an EPA...

  • WINNIPEG, Manitoba, Nov 4- Moody's Investor Service on Friday downgraded the credit rating of Potash Corp of Saskatchewan, citing concerns of a longer-than-expected fertilizer slump, ahead of the company's planned merger with rival Agrium Inc.. "Although management has taken significant steps to retain the A3 rating, market conditions will make it extremely...

  • CALGARY, Alberta/ WINNIPEG, Manitoba, Nov 3- S hareholders of Agrium Inc and Potash Corp of Saskatchewan Inc overwhelmingly approved an all-stock merger of the fertilizer producers on Thursday, shifting the focus to U.S. and Canadian regulators. More than 99 percent of Potash investors and 98 percent of Agrium shareholders voted in favor of the deal, the...

  • CALGARY, Alberta/ WINNIPEG, Manitoba, Nov 3- S hareholders of Agrium Inc and Potash Corp of Saskatchewan Inc overwhelmingly approved an all-stock merger of the fertilizer producers on Thursday, moving the focus to U.S. and Canadian regulators. More than 99 percent of Potash investors and 98 percent of Agrium shareholders voted in favor of the deal, the companies...

  • CALGARY, Alberta/ WINNIPEG, Manitoba, Nov 3- S hareholders of Agrium Inc and Potash Corp of Saskatchewan Inc overwhelmingly approved an all-stock merger of the fertilizer producers on Thursday. More than 99 percent of Potash investors and 98 percent of Agrium shareholders voted in favor of the deal, the companies said at separate meetings in Saskatoon,...

  • Nov 3- Canadian fertilizer maker Agrium Inc, reported a surprise quarterly loss on Thursday as it grapples with low fertilizer and crop prices, and also cut its full-year profit forecast. Agrium cut its full-year profit forecast to $4.60 to $5 per share, from the prior range of $5 to $5.30 per share. Agrium reported a net loss from continuing operations of $39...

  • Nov 3- Canadian fertilizer maker Agrium Inc, reported a quarterly loss on Thursday hit by weak fertilizer and crop prices. The company reported a net loss from continuing operations of $39 million, or 29 cents per share, in the third quarter ended Sept. 30, compared with a net profit of $99 million, or 72 cents per share, a year earlier. Agrium, which agreed to merge with...