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Agricultural Chemicals

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Yara says investigations ongoing after fire at Norway plant

3:20am EDT

April 24 (Reuters) - Yara International Asa :Says fire at ammonia plant at Porsgrunn has been put out, and no personnel have been injured.Investigations into the cause and material damage of the fire are on-going, but the damage is limited to the ammonia plant.The Porsgrunn plant has the capability to produce for full finished fertilizer production based on imported ammonia.The Yara Porsgrunn plant has an annual production capacity of approximately 0.5 million tonnes ammonia, 2.2 million tonnes NPK and 0.8 million tonnes Calcium Nitrate.

Ancom Bhd clarifies on news report published in in The Edge

Monday, 17 Apr 2017 08:18am EDT

April 17 (Reuters) - Ancom Bhd :Refers to news article entitled “Redberry Could Be Injected Into Ancom Logistics” In The Edge.Board is evaluating opportunities to optimise its group’s assets including re-organisation of assets of group and transferring media business within group.Says "we are considering several proposals and no final decision has been made".

Sichuan Chemical sees Q1 2017 net profit to be about 21-29 mln yuan

Monday, 17 Apr 2017 03:19am EDT

April 17 (Reuters) - Sichuan Chemical Co Ltd <000155.SZ>: :* Sees net profit for Q1 2017 to be about 21 million yuan to 29 million yuan, compared to net loss of the same period in 2016 (34.6 million yuan).* Comments that increased sales of trading business and decreased operation expenses are the main reasons for the forecast.

ICL adjusts its organizational structure

Wednesday, 12 Apr 2017 06:33am EDT

ICL Israel Chemicals Ltd : ICL adjusts its organizational structure . ICL Israel Chemicals Ltd - ICL essential minerals to serve as ICL's agro division and ICL specialty solutions as company's industrial division . ICL Israel Chemicals Ltd - ICL specialty fertilizers becomes a part of ICL's essential minerals division .ICL Israel Chemicals Ltd - Operating ICL SF under essential minerals is expected to create synergies.

Monsanto Q2 earnings per share $3.09

Wednesday, 5 Apr 2017 08:00am EDT

Monsanto Co : Monsanto continues return to growth in fiscal year 2017 with strong second quarter and first half results; updates outlook for full year eps to high end of guidance range . Q4 sales $5.1 billion versus $4.5 billion . Q2 earnings per share $3.19 from continuing operations . Q2 earnings per share $3.09 . Q2 earnings per share view $2.82 -- Thomson Reuters I/B/E/S . Monsanto - full year 2017 eps guidance now expected to be at high end of range of $3.95 to $4.44 on an as-reported basis and $4.50 to $4.90 on an ongoing basis . Monsanto Co - "continue to expect growth in global corn platform, led by price increases in local currency in south america" . Monsanto Co says for Q3, expects as-reported earnings per share to be roughly flat due to absence of argentine-related tax matters call-out of $0.50 /share . Fy2017 earnings per share view $4.75 -- Thomson Reuters I/B/E/S . Monsanto Co - qtrly total seeds and genomics sales $4,186 million versus $3,817 million . Monsanto Co says continues to expect seed and genomics segment gross profit to increase mid-single digits as a percent year-over-year in 2017 . Monsanto Co says within its AG productivity segment, gross profit is still expected to be in range of $850 to $950 million in 2017 . Monsanto-Overall operating expenses in 2017, excluding pending bayer deal-related costs & restructuring charges, expected to increase slightly.

Aba Chemicals sees Q1 FY 2017 net profit up 50 pct to 80 pct

Thursday, 30 Mar 2017 05:18am EDT

Aba Chemicals Corp <300261.SZ> : Sees Q1 FY 2017 net profit to increase by 50 percent to 80 percent, or to be 15.5 million yuan to 18.6 million yuan . Says Q1 FY 2016 net profit was 10.3 million yuan .Says that increased main business income as main reason for forecast.

Yunnan Yuntianhua to take over 50 pct stake in Haikou-based phosphate unit from Yunnan phosphate group

Thursday, 30 Mar 2017 04:45am EDT

Yunnan Yuntianhua Co Ltd <600096.SS> : Says it will take over 50 percent stake in a Haikou-based phosphate unit from wholly owned subsidiary Yunnan phosphate group .Yunnan phosphate group will hold 0 percent stake in the Haikou-based phosphate unit.

Nufarm Ltd says HY underlying net profit after tax was $19.8 million

Tuesday, 21 Mar 2017 05:41pm EDT

Nufarm Ltd : HY group revenues increased by 15% to $1.36 billion . HY underlying net profit after tax was $19.8 million, up 67% . directors approved a 25% increase in half year dividend, which will be 5 cents per share . "Company remains on track to deliver improved earnings growth for full year" . "Expect global crop protection market to remain very competitive" . "Nufarm's business in Latin America will be impacted by negative market conditions in Argentina" . "Management expects net interest expense for full year to be moderately lower" . Expects average net working capital to sales percentage to be lower than in previous year ."Management expects to be a slightly improved second half result than in previous year".

K+S sees further savings potential, but no big programme planned - CFO

Thursday, 16 Mar 2017 06:27am EDT

K+S CFO : CFO says currently no further big savings programme planned . CFO says have however identified further savings potential in medium 2-digit million euro range Further company coverage: [SDFGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Sichuan Lutianhua in discussion of debt-to-equity swap deals

Thursday, 23 Feb 2017 09:03pm EST

Sichuan Lutianhua Co Ltd <000912.SZ> : Says it is in discussion with Bank of China, Agricultural Bank of China Ltd and local authorities of SASAC regarding debt-to-equity swap deals . Says it and units' total debts at about 6.0 billion yuan ($873.03 million) at end of 2016 .Says share trade remains suspended.


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