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  • Nov 12- Dow AgroSciences said on Wednesday it will restrict sales of its new genetically modified corn and soybeans to prevent them from entering U.S. domestic or international marketing channels as it awaits import approval from China. The move by the agricultural unit of Dow Chemical Co is aimed at avoiding the type of market turmoil that hit Sygenta AG and...

  • Nov 12- Shares of Axalta Coating Systems Ltd, a car paint company sold by DuPont to Carlyle Group LP, rose as much as 7.4 percent in their trading debut, valuing the company at about $4.8 billion. DuPont sold Axalta to Carlyle for $4.9 billion in cash in February 2013, a move that activist investor Nelson Peltz criticized two months back. Peltz, who is pushing DuPont to...

  • Nov 12- Shares of vehicle paint maker Axalta Coating Systems Ltd, sold by chemical maker DuPont to Carlyle Group LP last year, rose as much as 7.4 percent in their trading debut, valuing the company at about $4.8 billion. The stock touched a high of $20.94 in early trading on the New York Stock Exchange on Wednesday. The offering was priced at $19.50 per share, at the...

  • Nov 12- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, increased its dividend and said it would buy back shares worth $5 billion, more than doubling its share repurchase program. Dow, which is being pushed by hedge fund manager Daniel Loeb to split up, said it would complete its previous $4.5 billion share repurchase program by the end of the year.

  • The Iowa- based agricultural seed and chemical unit of DuPont this autumn harvested its first test crops of GMO corn in China in six years after lengthy efforts to win government approval for the new field trials. The company is pressing ahead while Monsanto Co is retreating from efforts to grow GMO crops in China amid mounting frustrations within the U.S. seed...

  • 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...

  • *Daicel raises FY op profit fcast to 47 bln yen. *Daicel says no talks on new air bag orders. TOKYO, Nov 6- Takata Corp, whose potentially defective air bags have been linked to four deaths in the United States, warned of a bigger full-year loss and skipped its dividend- the first time it did not offer a payout since it listed in 2006..

  • 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...

  • *Marks& Spencer jumps 8.3 pct after results. British retailer Marks& Spencer surged 8.3 percent after posting a rise in underlying first-half profit for the first time in four years, beating expectations, while German chemicals distributor Brenntag gained 7.8 percent, boosted by forecast-beating earnings. About halfway into Europe's earnings season, 64...

  • LONDON, Nov 4- The sale of the Milford Haven refinery and terminal assets to Klesch Refining Limited has been canceled, according to a statement by Murco Petroleum, a subsidiary of the U.S.-based Murphy Oil Corporation. Sources familiar with the matter said earlier on Tuesday that Gary Klesch and Murphy Oil had extended a deadline to later this week to negotiate...

  • INSIGHT-U.S. jockeys with China over GMO crop issues Friday, 31 Oct 2014 | 3:32 PM ET

    Oct 31- With U.S. approval for Dow AgroSciences' package of chemicals and new genetically engineered crops now in hand, the Dow Chemical Co unit faces a major obstacle to a $1 billion market opportunity: Chinese import barriers. China for the last year has been rejecting U.S. corn shipments containing traces of a type of GMO corn developed by Syngenta AG.

  • Lowe's home improvement stores have been targeted this week with protests to stop selling pesticides that some consider harmful to bees.

  • 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...

  • LONDON, Oct 30- Chad Holliday, the former chairman of Bank of America and DuPont widely credited for his sustainable energy vision, will become the first American chairman at Royal Dutch Shell, an oil major with tense relations with green groups. An engineer by education, Holliday spent most of his career at DuPont, having joined the U.S. chemical giant in 1970 and...

  • 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 52 pct as margins improve Tuesday, 28 Oct 2014 | 6:10 AM ET

    Oct 28- DuPont, the biggest U.S. chemicals producer by market value, reported a 52 percent jump in quarterly profit as operating margins rose in five of its seven businesses. Net income attributable to DuPont rose to $433 million, or 47 cents per share, in the third quarter ended Sept. 30, from $285 million, or 30 cents per share, a year earlier. Net sales fell 3 percent to...

  • 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.

  • Kering and BASF fall as European shares slip back Friday, 24 Oct 2014 | 12:42 PM ET

    *Luxury goods group Kering falls after lower Gucci sales. LONDON, Oct 24- Shares in luxury goods group Kering and chemicals company BASF fell on Friday after business updates, while new worries about the Ebola virus also weighed on European stock markets. Kering slumped 5.1 percent, making it the worst-performing stock on the pan-European FTSEurofirst 300...

  • Kering, BASF drag down European shares, Ebola eyed Friday, 24 Oct 2014 | 10:24 AM ET

    *BASF retreats after cutting 2015 earnings forecast. *Luxury goods group Kering falls after lower Gucci sales. LONDON, Oct 24- Shares in luxury goods group Kering and chemicals company BASF fell on Friday after business updates, while new worries about the Ebola virus weighed on European stock markets.