Chemicals Fertilizers and Agricultural Chemicals

  • 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...

  • *Total Saudi dividend payments fell last year- Riyad Capital. DUBAI, March 3- Corporate dividends in Saudi Arabia and other Gulf countries may be starting to shrink as companies find it harder to raise funds, forcing them to cut payouts. In 2015 dividend yields in the six-nation Gulf Cooperation Council averaged about 4.5 percent; the average for emerging markets...

  • CHICAGO, March 2- Monsanto Co expects to face headwinds from weak commodity prices and currency fluctuations through 2016, its executives said on Wednesday, as the seed and agrochemical company slashed earnings guidance amid a slumping farm economy. The St. Louis- based company is hoping for a "bounce back" in growth next year with the broader launch of two key...

  • The company said it expects to request an administrative law hearing from the EPA's Office of General Counsel within the next 30 days to dispute the EPA's conclusion that the pesticide is unsafe. It is registered for use on over 200 crops, including soybeans, almonds, tobacco, peanuts, cotton, lettuce, alfalfa, tomatoes, watermelon, and bell peppers, with some crops...

  • WASHINGTON, March 1- The U.S. Environmental Protection Agency said on Tuesday it is issuing a notice of intent to cancel all Bayer CropScience and Nichino America flubendiamide products that pose a risk to aquatic invertebrates. EPA said it concluded that continued use of the insecticide would result in unreasonable adverse effects on the environment.

  • OSLO, March 1- Norwegian fertiliser maker Yara plans to cut operating costs and raise investments to become more competitive and grow its business, it said in an update ahead of an investor meeting on Tuesday. The company raised its estimate for 2016 capital expenditure to 17.9 billion Norwegian crowns from previous guidance of 14.5 billion, and predicted a...

  • This transaction is about growth: Syngenta chairman

    Michel Demaré, chairman of Syngenta, says the takeover deal with state-owned ChemChina is good value for shareholders.

  • ChemChina to buy Sygenta for $43 billion

    CNBC's Julia Chatterley reports from Basel on Syngenta and the takeover deal by ChemChina, a Chinese state-owned company.

  • Ren Jianxin

    ChemChina is nearing a deal to take over Syngenta for around $42 billion, two people familiar with the matter told Reuters.

  • The production plant for high density polyethylene of Dow Chemical in Tessenderlo.

    Dow Chemical and DuPont are expected to announce a merger of equals by Thursday, sources told CNBC.

  • DuPont holding talks with Syngenta and Dow Chemical

    DuPont is holding talks with Syngenta and Dow Chemical for a potential deal, as the agriculture world struggles with lower crop prices and profits.

  • Potash drops K+S bid

    Potash Corp of Saskatchewan said it had withdrawn its $8.9 billion offer for German potash producer K+S, citing a decline in global commodity and equity markets and a lack of engagement by K+S management.