Chemicals Fertilizers and Agricultural Chemicals

  • May 4- Global pesticides, seeds and fertilizer companies may be forced to re-engineer their business models as farmers adopt specialist technology that helps maximize harvests while reducing the use of crop chemicals. The following are ways in which new technology could boost productivity in agriculture:. -FARMERS' NEW EYES AND EARS: Drones, satellites and...

  • IRLBACH, Germany, May 4- Global pesticides, seeds and fertiliser companies may be forced to re-engineer their business models as farmers adopt specialist technology that helps maximise harvests while reducing the use of crop chemicals. "If our only goal is to sell as much inputs as possible by the litres of chemicals, I think we would have a real problem going...

  • *Cuts 2016 EPS to 60- 80 cents from 90 cents- $1.20/ share. *Sees Q2 EPS 15- 25 cents vs estimate of 27 cents. Near term, cutting the dividend may be the best option, although Potash should weigh alternatives, such as selling stakes in other fertilizer companies, said Ryan Bushell, portfolio manager at Leon Frazer& Associates, which owns shares.

  • 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...

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

  • 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.