Reading Time: < 1 minute Frankfurt | Reuters –– German chemicals giant BASF said it would continue to push for acquisitions to shore up its crop protection business, after the antitrust-related sale of assets from the merger of Dow Chemical and DuPont left it empty-handed. “We are generally interested in strengthening our business further, acquisitions are part of that, that […] Read more
BASF still out for ag chem deals
FMC buying much of DuPont’s crop protection business
Reading Time: < 1 minute FMC and DuPont have inked a deal that will see FMC pick up the portion of DuPont’s crop protection business the EU says must be divested for the DuPont-Dow merger to go ahead. In exchange DuPont will acquire FMC Health and Nutrition along with $1.2 billion (all figures U.S. funds) in cash. FMC will acquire […] Read more
Asset sale plan secures EU backing for Dow, DuPont merger
Reading Time: 2 minutes Reuters — Dow Chemical and DuPont won the blessing of the European Union for their US$130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities. The European Commission had been concerned that the merger of two of the biggest and oldest U.S. chemical producers would leave few incentives […] Read more
EU regulators said set to clear Dow, Syngenta deals next week
Reading Time: < 1 minute Brussels | Reuters — EU antitrust regulators are set to clear the US$130 billion Dow Chemical and DuPont merger and ChemChina’s US$43 billion bid for Syngenta next week, people familiar with the matter said Thursday. The European Commission could announce its approvals for both companies at the same time either Monday or Tuesday, the people […] Read more
EU regulators reported set to clear Dow, DuPont deal
Reading Time: 2 minutes Brussels | Reuters — Dow Chemical and DuPont are set to win EU antitrust approval for their US$130 billion merger, two people familiar with the matter said on Wednesday. The deal, which still needs approval from U.S. and other regulators, has faced intense scrutiny from the European Commission. Of particular concern is combining the two […] Read more
Dow’s ledger benefits as economic growth boosts demand
Reading Time: 2 minutes Reuters — Dow Chemical, which is merging with DuPont, reported strong fourth-quarter results and gave an upbeat forecast for the current quarter as its focus on consumer markets benefits from improving economic growth worldwide. The seeds and chemical maker said improving growth in the United States, Latin American and Europe, besides steady Asia growth, would […] Read more
DuPont expects Dow merger to close later than expected
Reading Time: 2 minutes Reuters — Chemicals and seeds producer DuPont indicated on Tuesday that its $130 billion merger with Dow Chemical will take longer to wrap up than previously expected as the companies await regulatory approvals. This is the second time that the two companies, which are in talks with the European Union’s antitrust regulators, have had to […] Read more
Trump win unlikely to impact Dow deal, DuPont CEO says
Reading Time: 2 minutes Boston | Reuters — DuPont CEO Ed Breen said on Thursday the incoming administration of U.S. President-elect Donald Trump is not likely to have an impact on his company’s planned merger with rival Dow Chemical. While Trump was critical of other large mergers during the campaign, Breen said many U.S. Justice Department officials reviewing the […] Read more
What’s new in soybean varieties for Eastern Canada in 2017?
Disease packages join newer herbicide-resistance technologies at the top of the value list
Reading Time: 13 minutes Last year, the big news in soybean varieties could be summed up in one technological term: Xtend, which became part of the fall lineup for many of the seed companies. Canada’s Outdoor Farm Show was abuzz with talk about Xtend, with demonstration plots aplenty, and all sorts of signage promoting the new system’s platform, Roundup […] Read more
ChemChina reported ready for concessions to clinch Syngenta deal
Reading Time: 3 minutes Beijing/Zurich | Reuters — State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its US$43 billion bid for Swiss pesticide and seed group Syngenta, a source with direct knowledge of the process said. Clinching China’s biggest-ever foreign acquisition is taking longer than planned amid a flurry […] Read more
A message from April Stewart, Country Guide's Associate Editor
