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Fertilizers and Agricultural Chemicals

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  • 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.

  • Potash Corp's shares rose more than 3 percent Thursday in Toronto and New York, touching their highest level since May 2012 in Toronto. Potash Corp sold 2.5 million tonnes of potash, the most ever in a fourth quarter and up 42 percent year over year. Potash Corp, the second-biggest potash producer by output after Russia's Uralkali OAO, reported fourth-quarter...

  • Jan 29- Potash Corp of Saskatchewan, the world's biggest fertilizer company by market capitalization, reported a better-than-expected quarterly profit, helped by strong potash sales and lower costs. Potash Corp, the second-biggest potash producer by output after Russia's Uralkali OAO, said on Thursday that improving phosphate market conditions are...

  • Potash Corp quarterly profit jumps 77 pct Thursday, 29 Jan 2015 | 6:17 AM ET

    Jan 29- Potash Corp of Saskatchewan, the world's biggest fertilizer company by market capitalization, reported a 77 percent rise in quarterly profit, helped by higher realized prices and lower costs. Net earnings rose to $407 million, or 49 cents per share, in the fourth-quarter ended Dec. 31, from $230 million, or 26 cents per share, a year earlier.

  • UPDATE 1-Agrium shares rise on dividend, buy-back news Thursday, 22 Jan 2015 | 12:59 PM ET

    Jan 22- Canadian fertilizer and farm retail dealer Agrium Inc said it would pay out a larger percentage of its free cash flow as dividends and buy back up to 5 percent of its shares, driving its stock up as much as 5.6 percent. Agrium said it would pay out 40-50 percent of its free cash flow as dividends, up from its earlier target of 25-35 percent. Agrium, which mines...

  • Jan 15- Monsanto Co. received final U.S. approval on Thursday for herbicide-tolerant crops to be used with a new herbicide the company says will fight problematic weed resistance on farm fields, but critics say will only worsen the problems. Monsanto is still waiting for final approval from the Environmental Protection Agency for the herbicide it designed to...

  • USDA approves Monsanto's new GMO soybeans, cotton Thursday, 15 Jan 2015 | 1:21 PM ET

    Jan 15- Monsanto Co. received final U.S. approval on Thursday for herbicide-tolerant crops to be used with a new herbicide the company says will fight problematic weed resistance on farm fields, but critics say will only worsen the problems. Monsanto is still waiting for final approval from the Environmental Protection Agency for the herbicide it designed to...

  • Jan 7- Monsanto Co, the world's largest seed company, said on Wednesday profits dropped 34 percent in the first quarter compared to a year ago, due in part to lower planted corn acres in South America and a shift in timing of some sales. Monsanto, known for its genetically engineered corn, soybeans and other crops as well as the popular Roundup herbicide, said net sales...

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

    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.

  • Dec 16- Indian Farmers Fertilizer Cooperative, India's largest fertilizer producer, said it was suspending plans for a nitrogen fertilizer factory in Bécancour, Québec as its cost estimate exceeded C $2 billion. IFFCO and its Canadian partner La Coop fédérée, which had earlier estimated the project to cost C $1.6 billion, said they would look for partners...

  • Saskatoon, Saskatchewan- based Potash Corp is reviewing its $4.5 billion worth of investments in China's Sinofert Holdings Ltd, Israel Chemicals, Jordan's Arab Potash Co PLC and Chile's SQM. Tilk said he is content with the influence Potash holds at Arab Potash and Sinofert. No decisions have been made, and Potash Corp would not act without consulting the...

  • Dec 3- Canada's Potash Corp of Saskatchewan, the world's largest fertilizer producer, is sizing up its chances of gaining control of the four other fertilizer companies in which it holds minority stakes, Chief Executive Officer Jochen Tilk said on Wednesday. Saskatoon, Saskatchewan- based Potash Corp is reviewing its $4.5 billion worth of minority stakes in...

  • *Process will enable Sasol to meet new environmental rules. *Sasol claims process is a world first. SECUNDA, South Africa, Nov 27- South African petrochemicals company Sasol said it opened an industrial plant that converts toxic waste sludge into fertiliser this week, in an effort to stay ahead of new and tighter environmental regulations.