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Fertilizers and Agricultural Chemicals

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  • 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.

  • Nov 13- Dow AgroSciences' decision to severely restrict U.S. introduction of its Enlist genetically modified crops and herbicide- billed as the company's most important product launch ever- came after extensive talks with U.S. grain leaders who fear roiling trade with China, a company executive said on Thursday. The deep involvement of the grain industry in...

  • Nov 13- Dow AgroSciences' decision to severely restrict U.S. introduction of its Enlist genetically modified crops and herbicide- billed as the company's most important product launch ever- came after extensive talks with U.S. grain leaders who fear roiling trade with China, a company executive said Thursday. The deep involvement of the grain industry in...

  • Nov 6- Potash Corp of Saskatchewan Inc agreed to spend more than $52 million on plant improvements and pay a $1.3 million civil penalty to resolve U.S. charges that it violated the Clean Air Act over the emission of harmful pollutants, such as sulfur dioxide. It resolves claims by the Justice Department and the U.S. Environmental Protection Agency that three...

  • UPDATE 1-Agrium to cut 500 jobs, sell some businesses Wednesday, 5 Nov 2014 | 11:13 AM ET

    WINNIPEG, Manitoba, Nov 5- Canadian fertilizer producer Agrium Inc will cut 500 jobs and look to sell several noncore businesses as it aims to find $475 million in savings by 2017, Chief Executive Chuck Magro said on Wednesday. Agrium will also target savings from reducing working capital at its farm retail business and trimming operating and administrative...

  • Oct 30- Mosaic Co on Thursday forecast record-high global phosphate and potash shipments in 2015 despite concerns that weak crop prices would reduce farmers' fertilizer purchases. Corn and wheat prices plunged this autumn to multiyear lows amid a huge but delayed U.S. harvest. Dan Basse, president of research company AgResource said on Wednesday in Winnipeg...

  • Oct 30- U.S. fertilizer company Mosaic Co's quarterly profit jumped 63 percent as it sold more phosphate at higher prices. "The improving demand momentum for both potash and phosphates that started in the fourth quarter of 2013 continued," Chief Executive Jim Prokopanko said in a statement. The company, however, said its phosphate sales volumes would fall to...

  • Fertilizer maker Mosaic's quarterly profit jumps 63 pct Thursday, 30 Oct 2014 | 7:14 AM ET

    Oct 30- U.S. fertilizer company Mosaic Co's quarterly profit jumped 63 percent as it sold more phosphate at higher prices. The company's net earnings rose to $202 million, or 54 cents per share, in the third quarter ended Sept. 30 from $124 million, or 29 cents per share, a year earlier. "The improving demand momentum for both potash and phosphates that started in the...

  • DuPont profit jumps as margins improve Tuesday, 28 Oct 2014 | 6:01 AM ET

    DuPont reported a 52 percent jump in profit as operating margins rose in five of its seven businesses.

  • Fertilizer stocks take a hit   Tuesday, 30 Jul 2013 | 9:16 AM ET
    Fertilizer stocks take a hit

    Shares of Potash, Agrium and Mosaic are tumbling in pre-market action after Russian company Uralkali pulls out of a venture with Potash, reports CNBC's Carl Quintanilla.

  • West Fertilizer Plant Showed Few Warning Signs Thursday, 18 Apr 2013 | 5:47 PM ET
    Firefighters conduct search and rescue operations at a destroyed apartment complex near the fertilizer plant in West, Texas.

    There was little indication that the Texas facility that had a massive explosion on Thursday posed a danger to the community, according to evaluations by oversight groups.

  • Up to 15 Dead After Texas Plant Blast   Thursday, 18 Apr 2013 | 11:26 AM ET
    Up to 15 Dead After Texas Plant Blast

    CNBC's Carl Quintanilla reports the latest details on yesterday's deadly explosion at a fertilizer plant in Texas. And, a look at how the fertlizer stocks are reacting today, with CNBC's Josh Lipton.

  • Soft Commodities Will Not Soften: Expert   Wednesday, 13 Mar 2013 | 12:20 PM ET
    Soft Commodities Will Not Soften: Expert

    Maxim Volkov, CEO of PhosAgro, says soft commodity prices will not fall, and added that flexible production lines mean PhosAgro can overcome cyclicality.

  • Syngenta Upbeat for Spring Planting Season Wednesday, 6 Feb 2013 | 2:20 AM ET
    agricultural_biotech_200.jpg

    Syngenta, the world's largest agrochemicals company, said it was confident ahead of the upcoming planting season and will hike its dividend 19 percent after it posted a full-year net profit that beat expectations.

  • Cramer Interviews Scotts Miracle-Gro CEO Wednesday, 9 May 2012 | 7:17 PM ET

    Check out his conversation with CEO James Hagedorn.

  • Scotts Miracle-Gro Shares 'Wither' on Weak Forecast   Wednesday, 9 May 2012 | 6:15 PM ET
    Scotts Miracle-Gro Shares 'Wither' on Weak Forecast

    Scotts Miracle-Gro CEO, James Hagedorn discusses his company's disappointing quarter and how he plans to grow earnings, with Mad Money's Jim Cramer.

  • Green Chemicals Show Game-Changing Potential Friday, 13 Apr 2012 | 2:33 PM ET
    An aerial shot of Gevo’s Luverne, Minnesota, green isobutanol plant.

    A new generation of green chemicals from bio-based sources could help industrial production break from the grip of volatile oil prices.