NEW YORK-- Shares of some top chemicals companies were down at the close of trading:. Dow Chemical Co. fell$. 52 or 1.5 percent, to $34.10. DuPont Co. fell$. 55 or 1.0 percent, to $53.47.» Read More
"We take a long-term view that demand for potash will resume," EuroChem CFO Andrey Ilyin said on the sidelines of the BMO Farm to Market conference in New York, after giving a presentation. "
*Company looks to buy shares restricted since Cargill split. May 13- U.S. fertilizer producer Mosaic Co plans to have accumulated a $2 billion cash pile by the end of May to buy back shares locked up since its split from agribusiness giant Cargill Inc..
*Expects $2 bln surplus cash, $3 bln debt capacity as of May 31. May 13- Mosaic Co, the second-largest fertilizer producer in North America, will delay plans to expand potash production in Western Canada due to unfavorable market conditions, a company executive said. Vale SA said in March that it planned to pull out of a $6 billion potash project in Argentina.
*Exploring phosphate mining sites outside of Israel. Net profit in the quarter rose six percent to $305 million from $289 million a year earlier and revenue grew nine percent to $1.64 billion.
SEOUL/ SINGAPORE, May 13- Petrochemical firms risk creating a glut of high-end products in Asia as they invest billions of dollars to move up a value chain threatened at the bottom end by cheap U.S. ethylene.
SINGAPORE, May 13- Following is a table of planned Asian naphtha crackers and European/U. Table 1: New naphtha/gas crackers in Asia. Table 2: Upcoming expansions in Asia.
*Monsanto, Dow say cooperating with USDA. May 10- The U.S. Department of Agriculture said Friday it will extend its scrutiny of controversial proposed biotech crops developed by Dow AgroSciences, a unit of Dow Chemical, and Monsanto Co. after receiving an onslaught of opposition to the companies' plans.
May 10- The U.S. Department of Agriculture said Friday that it will assess the environmental impact of controversial new biotech crops developed by Dow AgroSciences, a venture of Dow Chemical Co, and Monsanto Co, before it makes a determination on approval of the new crops.
*Insider deals figured in many China- based company frauds. Over the past two years, investors have suffered massive losses after U.S.-listed companies based in China funneled company assets to insiders in improper business deals.
WASHINGTON, May 2- Honey bees, which play a key role in pollinating a wide variety of food crops, are in sharp decline in the United States, due to parasites, disease and pesticides, said a federal report released on Thursday.
FRANKFURT, May 2- Finnish chemicals group Kemira believes stricter environmental regulation of its customers in the oil and gas industry will create a big new market for its water treatment chemicals, its chief executive told Reuters.
*Pesticide firm Syngenta says decision based on bad science. The executive European Commission said on Monday it would press ahead with the ban on a class of pesticides known as neonicotinoids, produced mainly by Germany's Bayer and Switzerland's Syngenta, despite the EU's 27- member states failing to reach an agreement on the matter.
BRUSSELS, April 29- The European Commission said on Monday it would go ahead and impose a temporary ban on three of the world's most widely used pesticides because of fears they harm bees, despite EU governments failing to agree on the issue.
*Europe likely to impose ban after governments fail to agree. Europe is expected to impose a temporary ban on the pesticides after EU governments failed on Monday to agree whether or not their use should be halted.
FRANKFURT, April 26- U.S. specialty chemicals company Rockwood Holdings Inc has attracted bids from private equity groups for its industrial ceramics unit CeramTec, people familiar with the deal said. Permira, Cinven, BC Partners, TPG Capital and Bain Capital have handed in second-round bids by a Friday, April 26, deadline, people familiar with the investors said.
Executives from Monsanto Co., DuPont, and Dow Chemical, among the world's largest developers of biotech crops and the chemicals used to help produce them, told Reuters this week they are putting together a campaign aimed at turning the tide on what they acknowledge is a growing public sentiment against genetically modified organisms used as ingredients in the nation's food supply.
April 25- Dow Chemical Co posted a 33 percent jump in quarterly profit as farmers in the Americas bought more of its seeds and pesticides, reinforcing a sector-wide shift by chemical makers toward agriculture.
*First-quarter adj earnings/share 69 cents vs est 61 cents. April 25- Dow Chemical Co posted a better-than-expected 33 percent jump in quarterly profit as farmers in the Americas bought more of its seeds and pesticides, overshadowing a decline in European demand for its plastics.
"A divestiture in Europe account for more than half of those revenue differences", said Andrew Liveris, President, Chairman & CEO of Dow Chemical, discussing his company's first quarter results.
April 23- Chemicals maker DuPont forecast further strong growth in demand for its seeds and pesticides after it more than doubled quarterly profit, reinforcing a push into food and agriculture that has eased its dependence on paint pigments.