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Materials and Metals Chemicals

  • BAKU, Dec 7- Azerbaijan's exports of refined oil products fell 33.6 percent in January-November from a year earlier to 739,615 tonnes, state energy company SOCAR said on Thursday. In 2016, Azerbaijan exported 1.13 million tonnes of oil products, down from 1.50 million in 2015 as exports of fuel oil, jet fuel and diesel fell. SOCAR operates the Heydar Aliyev...

  • LITTLE ROCK, Ark.— Monsanto asked a judge Tuesday to prevent Arkansas lawmakers from banning the use of a weed killer that farmers in several states have said drifts onto their crops and causes widespread damage. The agribusiness asked a Pulaski County judge to issue a preliminary injunction preventing the state from banning dicamba's use while the company...

  • BEIJING, Dec 5- China's CAS Holdings, an investment arm of China's Academy of Science, is looking to put $2 billion into turning natural gas into methanol on the U.S. West Coast and shipping the fuel to Chinese factories and chemical makers, Chinese executives said. Wu Lebin, chairman of CAS Holdings, told Reuters last week the venture is part of a plan his company is...

  • BEIJING, Dec 5- China plans to eliminate another 12 highly toxic pesticides from use within five years, state media reported late on Monday, as the government looks to improve the safety of its farm produce. But it still has a number of highly toxic chemicals in use on other crops, where they are particularly effective in fighting underground pests, Zeng Yande, head...

  • Nov 30- Axalta Coating Systems has ended talks with Japan's Nippon Paint Holdings Co Ltd about a potential sale, the U.S. coating company said on Thursday, following the rejection of what sources said was a $9.1 billion all-cash bid. Nippon Paint, Japan's biggest paint supplier and 39 percent owned by Singapore- based investment company Wuthelam Holdings Ltd, has...

  • Cramer finds 3 'tangential winners' of the electric car trend to buy

    Jim Cramer zeroed in on the powerful secular trend of electric vehicles, tapping Albemarle, FMC and PPG as the best ancillary plays.

  • Buy these 3 'tangential winners' of the electric car trend

    Jim Cramer zeroed in on the powerful secular trend of electric vehicles, tapping Albemarle, FMC and PPG as the best ancillary plays.

  • Charging station for electric car

    Jim Cramer zeroed in on the powerful secular trend of electric vehicles, tapping Albemarle, FMC and PPG as the best ancillary plays.

  • Nov 30- Axalta Coating Systems has ended talks with Japan's Nippon Paint Holdings Co Ltd about a potential sale, the U.S. coating company said on Thursday, following the rejection of what sources said was a $9.1 billion all-cash bid. Nippon Paint, Japan's biggest paint supplier and 39 percent owned by Singapore- based investment company Wuthelam Holdings Ltd, has...

  • Nov 30- Axalta Coating Systems has ended talks with Japan's Nippon Paint Holdings Co Ltd about a potential sale, the U.S. coating company said on Thursday, following the rejection of what sources said was a $9.1 billion all-cash bid. The development makes Nippon Paint the latest unsuccessful suitor for Axalta, whose largest shareholder is Warren Buffetts...

  • Nov 30- Axalta Coating Systems said on Thursday that talks with Japan's Nippon Paint Holdings Co Ltd about a potential takeover of the U.S. coatings company have ended. Axalta said Nippon Paint's board was "unwilling" to meet Axalta's expectations regarding the value of the company. Nippon Paint's latest cash offer valued Axalta at $37 per share but Axalta...

  • AMSTERDAM, Nov 30- Akzo Nobel gained shareholder approval on Thursday to spin off its 10 billion euro chemicals division as part of plans to placate investors after the Dutch paintmaker rejected a takeover offer from rival PPG Industries. The sale of the chemicals operation was described by Chief Executive Thierry Vanlancker as "essential" for further growth...

  • AMSTERDAM, Nov 30- Akzo Nobel will seek shareholder approval on Thursday to spin off its 10- billion euro chemicals division, part of plans to placate investors after the Dutch paintmaker rejected a takeover offer from rival PPG Industries. But PPG CEO Michael McGarry has said that PPG has "moved on" from Akzo, and is now seeking other opportunities for growth.

  • ZURICH, Nov 28- Activist investor White Tale said it would take its demands directly to Clariant's shareholders after the chemicals maker snubbed its request for an independent strategic review and three seats on its board of directors. White Tale last month derailed Clariant's planned $20 billion merger with U.S.-based Huntsman, after fighting it for...

  • ZURICH, Nov 28- Activist investor White Tale said it would take its demands directly to Clariant's shareholders after the Swiss speciality chemicals maker snubbed its request for an independent strategic review and three seats on its board of directors. "We look forward to bringing these matters to shareholders directly," White Tale, whose principals include...

  • CARACAS, Nov 26- Venezuelan President Nicolas Maduro on Sunday tapped a National Guard major general to lead state oil company PDVSA and the oil ministry as the OPEC member labors under near 30- year lows in oil production. Last week, six executives from U.S.-based Citgo Petroleum Corp, a Venezuelan-owned refiner and marketer of oil and petrochemical products,...

  • The preliminary ruling by an administrative court in the city of Nice overturned a decision by France's health and environment agency ANSES in September to grant a permit for the Closer and Transform crop chemicals, which contain the insecticide sulfoxaflor. ANSES's authorisation of the products angered environmental protection groups, which say they...

  • The summary ruling by an administrative court in the southern city of Nice overturned the decision in September by France's health and environment agency ANSES to grant a permit for the Closer and Transform crop chemicals, which contain the insecticide sulfoxaflor. The authorisation of the products angered environmental protection groups, which say that...

  • The jury's out on bitcoin

    Solvay CFO Karim Hajjar says that his firm is "curious" about bitcoin, but adds that the cryptocurrency is "not part of our business today."

  • Asian customers expressing most confidence: Solvay CFO

    Solvay CFO Karim Hajjar speaks about cost cutting and encouraging growth, saying that, "I don't think we can cut our way through to success."