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Chemicals

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  • Brazil is one of the world's biggest agricultural producers and its biggest buyer of pesticides, according to Phillips McDougall, a Scotland- based agricultural consultancy and research firm. Those manufacturers, prosecutors said, include the Brazilian units of BASF, DuPont, Monsanto, Nufarm, Syngenta, Adama, FMC and Nortox. During the inspection in Sapezal, a...

  • Lee Kyung- hoon's dramatic gesture- a show of resolve to heal internal dissent amid stalled wage talks- succeeded by one measure: 2011 was one of just four years in the last 28 when Hyundai's Korean factory workers didn't walk off the job. "If we don't get tough, the company will not listen to us," said a worker at Hyundai's huge factory complex in Ulsan who asked not to be...

  • Chemours names board members following DuPont spinoff Monday, 18 May 2015 | 12:56 PM ET

    NEW YORK— The Chemours Co., the company to be created by the spinoff of Dupont's Performance Chemicals unit, has named the eight members of its board of directors. He is a former CEO of Electronic Data Systems and H&R Block Inc. Merk Vergnano, who will be president and CEO of Chemours, will also have a seat on the board of directors. Other members of the board are to...

  • May 15- As seed and chemical maker Monsanto Co. woos Swiss agrochemicals firm Syngenta, Monsanto also is trying to win over consumers in key international markets, rolling out social media and marketing campaigns. U.S.-based Monsanto said it has recently launched interactive consumer-oriented websites in China, France, India, Argentina and Brazil, in...

  • BOGOTA, May 15- Colombia will suspend aerial fumigation of illegal coca plants in light of a number of studies linking the herbicide used to cancer, a move which marks the end of a decades-long strategy in the country's fight against drug trafficking. Colombia, which produces some 300 tonnes of cocaine per year, has fumigated illicit coca crops for two decades...

  • US cites DuPont over gas leak that killed 4 workers Thursday, 14 May 2015 | 6:03 PM ET

    LA PORTE, Texas— Federal work-safety agents cited DuPont on Thursday for 11 safety violations relating to a toxic gas leak last November that killed four workers at a Houston- area plant. In issuing the citations, the U.S. Occupational Safety and Health Administration said the four dead workers "would be alive today" had DuPont "taken steps to protect them" at its...

  • Stubborn GE scientist creates new fuel-saving material Thursday, 14 May 2015 | 2:39 PM ET

    NISKAYUNA, N.Y.— For nearly three decades Krishan Luthra stubbornly labored away in a General Electric research lab on a long-shot effort to cook up a new type of ceramic that few consumers will ever see or use. Now this obscure material, which is lightweight, strong and can handle extreme temperatures, is being built into the bellies of jet engines and promises to...

  • CRUCITO, Colombia— Manuel de Jesus Sanchez holds up a green poncho to protect his skin from the midday sun. From that moment Sanchez was exposed to the glyphosate-based herbicide used by Colombia to wipe out cocaine-producing crops, he says his skin broke out in a yellow rash. Tales of harmful health effects, everything from skin problems to miscarriages, abound...

  • US stocks end mostly lower after a day of meandering Wednesday, 13 May 2015 | 4:09 PM ET

    Owens-Illinois jumped 9 percent after saying it would buy a glass container business from the Mexican company Vitro. DuPont sank 7 percent after billionaire investor Nelson Peltz's Trian Fund lost a proxy fight against the chemical maker. Crude oil declined 25 cents to $60.50 a barrel in New York.

  • US stock indexes are little changed in midday trading Wednesday, 13 May 2015 | 12:01 PM ET

    Owens-Illinois, which makes beer and wine bottles, jumped 10 percent after saying it would buy a glass container business from the Mexican company Vitro. DuPont sank 6 percent after billionaire investor Nelson Peltz's Trian Fund lost a proxy fight against the chemical maker. Crude oil rose 22 cents to $60.97 a barrel in New York.

  • US stocks moves slightly higher in early trading Wednesday, 13 May 2015 | 9:41 AM ET

    Owens-Illinois, which makes beer and wine bottles, jumped 10 percent after saying it would buy a glass container business from the Mexican company Vitro. DuPont sank 5 percent after billionaire investor Nelson Peltz's Trian Fund lost a proxy fight against the chemical maker. Crude oil rose 62 cents to $61.37 a barrel in New York.

  • DuPont wins proxy fight against Peltz's Trian Fund Wednesday, 13 May 2015 | 9:10 AM ET

    WILMINGTON, Del.— Dupont shareholders on Wednesday flatly rejected a contentious campaign by one of the most powerful investor firms in the U.S. for seats on the board of the 212- year-old chemical company. Nelson Peltz and his Trian Fund Management L.P., a major shareholder, had sought more influence at DuPont, saying that the company was falling short of its...

  • Syngenta rejects $45 billion Monsanto takeover bid Friday, 8 May 2015 | 12:13 PM ET
    Corn plants growing in a greenhouse at the Monsanto Chesterfield Village facility in Chesterfield, Missouri in 2010

    Agricultural companies Monsanto and Syngenta are working with investment banks on a takeover deal, three sources familiar with the matter said.

  • LONDON/ FRANKFURT, May 8- Agricultural companies Monsanto and Syngenta are working with investment banks on a takeover deal that would create an industry behemoth with combined sales of more than $31 billion, three sources familiar with the matter said. Swiss crop chemicals maker Syngenta is working with Goldman Sachs to assess the merits of a sale to the...

  • LONDON/ FRANKFURT, May 7- Agricultural companies Monsanto and Syngenta are working with investment banks on a takeover deal that would create an industry behemoth with combined sales of more than $31 billion, three sources familiar with the matter said. Swiss crop chemicals maker Syngenta is working with Goldman Sachs to assess the merits of a sale to the...

  • May 6- U.S. fertilizer producer CF Industries reported lower first-quarter profit on Wednesday, with the drop reflecting a one-time gain a year ago from the sale of its phosphate business. Net earnings fell to $231 million or $4.79 per share from $708.5 million or $12.90 per share a year earlier. Net sales dipped 16 percent to $954 million, reflecting the sale of...

  • April 30- North America's two biggest potash producers, Potash Corp of Saskatchewan and Mosaic Co, reported larger first-quarter profits on Thursday, but results missed expectations. Canada's Potash Corp, the world's biggest fertilizer maker by market capitalization, cut its full-year profit forecast, and both companies warned potash prices could slide.

  • Potash prices are yet to recover after a collapse in 2013, which was triggered by top producer Russia's Uralkali exiting a trading venture with Belarus. Potash cut its full-year profit forecast to $1.75- $2.05 per share from $1.90- $2.20 per share, sending its shares down 3.3 percent in premarket trading. Potash, the second-biggest potash producer by output...

  • Mosaic posts 36 pct rise in quarterly profit Thursday, 30 Apr 2015 | 6:09 AM ET

    April 30- U.S. fertilizer company Mosaic Co reported an about 36 percent rise in quarterly profit, helped by lower costs and higher phosphate and potash prices. Net earnings attributable to the company rose to $294.8 million, or 80 cents per share, in the first quarter, from $217.5 million, or 54 cents per share, a year ago. Revenue rose 7.7 percent to $2.14 billion.

  • A motion filed Monday seeks to add nine states where the EPA approved the herbicide for use on April 1. The substance has been linked to Parkinson's disease, non-Hodgkin lymphoma and reproductive problems, said a statement by plaintiff Center for Food Safety. The stay motion focuses on what Achitoff said was EPA's failure, prior to registering the herbicide for...