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  • European shares pause; Pirelli rises after deal Monday, 23 Mar 2015 | 4:08 AM ET

    PARIS, March 23- European shares slipped on Monday, taking a breather following recent sharp gains, while shares in Pirelli rose 2.1 percent after China National Chemical Corp agreed to buy the tyre maker in a 7.1 billion euro deal. The acquisition, agreed with Pirelli shareholders on Sunday, will see state-owned ChemChina take over the world's fifth-largest...

  • The WHO's cancer arm, the International Agency for Research on Cancer, said glyphosate, the active ingredient in the Monsanto Co herbicide Roundup, was "classified as probably carcinogenic to humans." Monsanto, the world's largest seed company, said scientific data do not support the conclusions and called on the WHO to hold an urgent meeting to explain the...

  • SANTIAGO/ WINNIPEG, March 18- Shares in Chilean fertilizer group SQM plunged on Wednesday after three board representatives from Canada's Potash Corp resigned in protest at its handling of an illicit payments scandal that has shaken the Chilean establishment. SQM Vice Chairman Wayne Brownlee, who is also chief financial officer of Potash Corp, and two...

  • SANTIAGO, March 17- SQM fertilizer company has fired its chief executive after it became embroiled in an election campaign financing scandal that has rocked the Chilean establishment, tainting business leaders and politicians with close links to the 1973-1990 dictatorship of Augusto Pinochet. Shortly after the announcement, SQM said it would voluntarily...

  • CHICAGO, March 17- U.S. farmers will likely use less nitrogen fertilizer this season with the cost sky-high even though the price of natural gas, the key ingredient to make it, is down 40 percent from last year. "What we're seeing this season is a reduction in rates," said Ray Carpenter, senior vice president of agronomy for Farmers Cooperative in Ames, Iowa, referring to...

  • *Empire State manufacturing data misses estimates. March 16- U.S. stocks opened higher Monday and the benchmark S&P 500 rebounded after three weeks of losses as the euro strengthened against the dollar, easing some concerns over the impact of a robust greenback on corporate earnings. A recovery in the euro was reassuring investors, said Nick Colas, chief market...

  • March 16- Specialty chemical maker A. Schulman Inc said it would buy privately held Citadel Plastics Holdings Inc for $800 million to expand its specialty business that makes moldable plastics. "Their product offering... presents attractive expansion opportunities in other fast-growing sectors such as aerospace, medical, LED lighting and oil& gas," A. Schulman...

  • A Schulman to buy Citadel Plastics for $800 mln Monday, 16 Mar 2015 | 7:50 AM ET

    March 16- Chemical maker A Schulman Inc said it would acquire privately held Citadel Plastics Holdings Inc, a specialty plastics maker, for $800 million.

  • March 12- Chemical company DuPont had offered Trian Fund Management LP one board seat, but that was not enough, the hedge fund's chief executive Nelson Peltz told CNBC on Thursday. Trian, which holds 24.6 million shares in DuPont, wants to nominate two members to DuPont's board and another two to the board of DuPont's spinoff company, Chemours, Peltz said.

  • WELLINGTON, March 10- Suspected environmental activists have threatened to contaminate infant formula in New Zealand, the world's largest dairy exporter, in an attempt to halt the use of an agricultural poison on pests such as rats and possums. New Zealand police said on Tuesday letters were sent to the national farmers' group and dairy giant Fonterra in...

  • FUJAIRAH, United Arab Emirates, March 5- Vopak, the world's largest independent storage tank operator, is expanding its chemical product storage capacity in Saudi Arabia, a senior executive told Reuters on Thursday. Vopak, which offers oil, chemical and biofuels storage in the world's top bunkering hubs Singapore and Rotterdam, as well as on the east coast of the...

  • BMW anybody? Carmakers to gain most from weak euro Wednesday, 4 Mar 2015 | 8:13 AM ET
    BMW 3 Series

    European carmakers and chemical and tourism companies stand to gain most from the weak euro, while the airline sector looks set to be worst hit.

  • SAO PAULO, March 2- Potash Corporation of Saskatchewan Inc, the world's largest fertilizer company by market value, agreed on Monday to pay about $56 million for a 9.5 percent stake in Brazilian rival Fertilizantes Heringer SA, the latest effort by Potash to grow in Latin America's largest economy. Under terms of the agreement, PotashCorp will acquire the stake...

  • Potash Corp to buy stake in Brazil's Heringer Monday, 2 Mar 2015 | 8:26 AM ET

    March 2- Potash Corp of Saskatchewan Inc, the world's biggest fertilizer company by market capitalization, said it would buy a 9.5 percent stake in Brazil's Fertilizantes Heringer SA from its controlling shareholders for $55.7 million. The deal, expected to close in the second half of this year, will pave the way for a long-term potash supply agreement, allowing...

  • RIO DE JANEIRO, Feb 27- Brazil's Braskem SA, Latin America's largest petrochemical company, said on Friday it had agreed to a revised naphtha supply contract with shareholder Petrobras, staving off a threatened shutdown of its Brazilian plants. The contract with Petroleo Brasileiro SA, as Petrobras is formally known, extends the supply agreement until Aug. 31,...

  • *Fourth quarter adjusted operating profit 1.46 bln euros. LUDWIGSHAFEN, Germany, Feb 27- BASF, the world's largest chemical firm by sales, expects operating profit to stagnate this year due to lower oil prices and the cost of launching an unusually high number of production sites. The emerging markets are growing more slowly and the global economy is being...

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • LAUNCESTON, Australia, Feb 27- The market chatter over forming a giant Chinese oil major through merging PetroChina and Sinopec has ramped up again recently, but the motivations for such a deal struggle to stand up to scrutiny. The Chinese authorities are mulling joining China National Petroleum Corp, the parent of PetroChina, and China Petrochemical Corp, the...

  • HOUSTON, Feb 22- The largest U.S. refinery strike in 35 years entered its fourth week on Sunday as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines. Wal-Mart Stores Inc has said its U.S. workers will get a raise to at least $9 an hour, while West Coast port workers have reached a tentative deal for a new...

  • HOUSTON, Feb 22- The largest U.S. refinery strike in 35 years entered its fourth week as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines as of 12 a.m. CST on Sunday, according to union officials. After the latest breakdown between the two sides, Steelworkers leaders targeted Shell, which is the U.S. arm of...