Chemicals Fertilizers and Agricultural Chemicals

  • WINNIPEG/ TORONTO, Oct 18- Canada's carbon price may weaken the farm sector in one of the world's biggest grain-shipping countries, raising farmers' costs and discouraging investment in fertilizer production, industry groups say. Carbon pollution will cost C $10 a tonne in 2018, rising annually until reaching C $50 in 2022.. Agriculture accounted for 10...

  • The $26- billion all-stock deal combines Potash's crop nutrient production capacity, the world's largest, with Agrium's farm retail network, North America's biggest. Potash executives would collect payments of $24.7 million and Agrium executives would get $20.4 million to compensate them for a change in control of the companies, ISS said.

  • Oct 17- Investor advisory company Institutional Shareholder Services has recommended that investors in fertilizer producers Agrium Inc and Potash Corp of Saskatchewan support a merger of the companies. The decision was distributed to ISS clients on Friday and sent to media on Monday. The combination would create a company with significant leverage, ISS...

  • BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a tie-up to create a global chemical, oil and agricultural giant with almost $100 billion in annual revenue, three sources familiar with the matter said. ChemChina Sinochem Combined Syngenta Revenue $38.99 $60.4 $99.4 $13 billion billion billion...

  • PARIS, Oct 12- Louis Dreyfus Company does not need to turn to the stock market in the near term as it moves ahead with plans to find partners to bolster certain activities, starting with its fertilizer business, its CEO said on Wednesday. It is now in the process of selling its fertilizer business in Africa and will seek fertilizer partners in other regions, Chief...

  • WINNIPEG, Manitoba, Oct 5- Dwindling inventories of the crop nutrient potash held by Chinese buyers could lead to an earlier 2017 sales contract with Canpotex Ltd, the offshore sales arm for Canadian mines operated by Potash Corp of Saskatchewan, Mosaic Co and Agrium Inc, the chief executive of Canpotex said. Seitz said he returned two weeks ago from China where he...

  • Monsanto scientist inspecting corn plants

    Monsanto reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes.

  • Oct 5- U.S. seeds and agrochemicals company Monsanto Co, which agreed last month to be bought by Germany's Bayer AG for $66 billion, reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes. However, net sales in the company's corn seeds and traits business jumped 34 percent in the three months ended Aug. 31 as corn seed volumes...

  • Oct 5- U.S. seeds and agrochemicals company Monsanto Co, which agreed last month to be bought by Germany's Bayer AG for $66 billion, reported a surprise adjusted profit, helped by a drop in expenses and higher corn seed volumes. The St. Louis, Missouri- based company had been expected to report a loss on an adjusted basis, reflecting a slump in commodity prices and a fall...

  • Oct 5- U.S. seeds and agrochemicals company Monsanto Co, which agreed last month to be bought by Germany's Bayer AG for $66 billion, reported a smaller quarterly loss on Wednesday, helped by higher corn seed volumes and lower expenses. The net loss attributable to Monsanto narrowed to $191 million, or 44 cents per share, in the fourth quarter ended Aug. 31 from $495...

  • LONDON/ BRUSSELS, Sept 29- Europe's food safety watchdog will release data from some of the scientific studies it reviewed in its assessment of glyphosate, an ingredient in Monsanto's widely used herbicide Roundup and subject of a fierce row over possible cancer risk. Glyphosate, which is used in Roundup as well as other companies' weed-killers, is at the heart of...

  • MOSCOW, Sept 26- Russia- focused fertilizer producer Eurochem is planning to issue Eurobonds in dollars with a maturity of three and a half years to refinance its debt, two financial market sources told Reuters. The roadshow for the new issue will start on Sept. 28 and will take place in Europe and the United States, the sources said. Switzerland- based Eurochem, owned...

  • WASHINGTON, Sept 20- U.S. lawmakers expressed concern on Tuesday over a wave of mergers among companies that sell farmers their seeds, herbicides and insecticides, worrying that the deals could lead to higher prices and less innovation at a time of dropping farm incomes. Senator Richard Blumenthal, a Democrat from Connecticut, said the proposed mergers of Dow...

  • CNBC's Geoff Cutmore speaks to Phosagro CEO Andrey Guryev, who views the recent Bayer/Monstanto deal as a positive for the agrochemical industry.

  • The majority of Russian people are in line with Putin: PhosAgro CEO

    Andrey Guryev, CEO of PhosAgro, shares his views on the recent Russian election and says promises of privatization of state assets will be honored.

  • Andrey Guryev, chief executive officer of PhosAgro.

    Comments come amid massive mergers: Bayer's $66 billion deal for Monsanto and Agrium's tie-up with Potash Corp of Saskatchewan.

  • PhosAgro warns fertilizer output needs to fall

    CNBC's Geoff Cutmore reports on Russian fertilizer company PhosAgro and the impact of the Bayer Monsanto merger on agriculture companies.

  • CHICAGO, Sept 16- Glyphosate, the key ingredient in Monsanto Co's Roundup herbicide, is not likely carcinogenic to humans, the U.S. Environmental Protection Agency said on Friday as it outlined its current position on the controversial chemical. The EPA has been involved in a decades-long process to assess human and animal health risks, as well as ecological...

  • CHICAGO, Sept 16- The U.S. Environmental Protection Agency on Friday said its current position on glyphosate, the key ingredient in Monsanto Co's Roundup herbicide, is that the chemical is not likely carcinogenic to humans. The agency's "proposed" position on the controversial chemical was outlined in a 227- page paper it published on the regulations.gov...

  • *Rationale is to develop new product combinations. FRANKFURT, Sept 16- Bayer's $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. I was offered one deal of that and I turned it down because it locked me into one supplier, "said...