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Chemicals

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  • April 23- Dow Chemical Co, the No. 1 U.S. chemical maker by sales, reported a better-than-expected rise in quarterly profit as cost controls helped to boost margins in businesses that make coatings, plastics and crop-protection products.

  • BEIJING, April 18- China has launched an intense media campaign to defend the safety of producing a chemical used to make polyester fibre, as public opposition to new petrochemical plants threatens to disrupt expansion plans by state energy giants such as Sinopec Corp..

  • April 17- Chemicals maker DuPont expects its agriculture business to grow this quarter as farmers buy seeds and insecticides after a delayed start to planting season in North America, which hurt the company's revenue in the first quarter.

  • April 17- Chemtura Corp struck a deal to sell its agrichemicals business to rival Platform Specialty Products Corp for about $1 billion as it transforms itself into a pure-play industrial specialty chemical company.

  • April 17- DuPont reported a steeper-than-expected 3 percent fall in quarterly revenue as its agriculture business sold fewer seeds, herbicides and insecticides.

  • April 17- Chemicals maker DuPont reported a 57 percent fall in first-quarter net income due to the sale of its performance coating business, which added almost $2 billion to earnings in the year-earlier quarter.

  • April 16- Chemtura Corp plans to sell its agrochemicals business to Platform Specialty Products Corp for about $1 billion, the Wall Street Journal reported, citing people familiar with the matter. Chemtura's agrochemicals unit sells chemicals-based products such as insecticides and growth regulators.

  • ZURICH, April 16- Syngenta AG, the world's largest maker of crop chemicals, expects weak emerging markets currencies to have a bigger hit on full-year earnings than previously assumed, it said on Wednesday, as it posted higher first-quarter sales.

  • *China now looking at using fuel to make petrochemicals. BEIJING, April 10- A deal between China's top refiner Sinopec Corp and Phillips 66 could be a game changer that signals the United States is on track to become one of the top suppliers of liquefied petroleum gas to the world's second-biggest economy.

  • Because Potash Corp owns the most potash-producing capacity in the world, a change in that philosophy would cause the crop nutrient's value to plunge. Even so, Baskin just recently sold its stake in Potash Corp on concern that BPC's breakup has diminished the pricing power of potash miners.

  • April 2- Monsanto Co, the world's largest seed company, reported higher-than-expected quarterly earnings on Wednesday as its corn and soybean businesses expanded globally. And despite year-to-year fluctuations in output and demand, Monsanto said it sees demand for corn worldwide surging with population and income growth over the next several years.

  • April 2- Monsanto Co, the world's largest seed company, reported higher-than-expected quarterly earnings on Wednesday as its corn and soybean businesses expanded globally. "Our business is on track to deliver the growth we anticipated," Monsanto Chairman Hugh Grant said on a conference call.

  • LONDON, March 21- The future of two big loans for oil trading firm Gunvor and petrochemicals group Sibur were thrown into doubt after Russian businessman Gennady Timchenko appeared on the US sanctions list over Russia's involvement in Crimea and Ukraine.

  • March 14- Trinseo SA, a plastics maker backed by Bain Capital, filed again with U.S. regulators to raise up to $200 million in an initial public offering of common stock.

  • GM under mounting pressure to pay crash victims Friday, 14 Mar 2014 | 7:24 AM ET
    Mary Barra, CEO of General Motors.

    General Motors is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles.

  • NEW YORK, March 13- General Motors Co is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles, even if some would-be plaintiffs are barred from suing the auto maker under the terms of its emergence from bankruptcy in 2009..

  • WINNIPEG, Manitoba, March 13- Two junior potash producers working in unusual locations look set to shake off the most bearish industry conditions in five years and open new mines, helped by their proximity to Brazil and Africa, two of the world's most promising but under-served fertilizer markets.

  • March 10- Chemicals maker DuPont said it expected severe cold weather and storms in North America and business disruptions in Ukraine to hurt its first-quarter earnings and revenue. Freezing weather across North America has delayed the start of planting season this year, while political unrest in Ukraine has hurt DuPont's seed deliveries.

  • *Boeing finds cracks in wings of Dreamliners in production. *Facebook shares hit another record after UBS raises target. NEW YORK, March 10- U.S. stocks dipped on Monday, weighed down by soft data out of China and Boeing's latest production setback.

  • *Each company to be listed on the New York Stock Exchange. FMC's shares rose as much as 8 percent to a life-high of $83.94 on Monday on the New York Stock Exchange.