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Saudi Aramco’s profit plunges, sees signs of oil market recovery

DUBAI (Reuters) – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world’s biggest oil exporter. But the company stuck with plans to pay $... More »

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Australia backs BP’s study to produce hydrogen from wind, solar

MELBOURNE (Reuters) – BP Plc has won Australian government backing for a feasibility study into producing hydrogen using wind and solar power to split water and converting the hydrogen to ammonia in Western Australia. The Australian Renewable Energy Agency sai... More »

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Bayer more stringent in glyphosate settlement talks due to downturn

FRANKFURT (Reuters) – German drugs and pesticides company Bayer said the economic downturn has prompted it to take a tougher stance in talks to settle claims its glyphosate-based weedkillers cause cancer, even as its earnings rose. The pandemic has significant... More »

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Five dead in fire at Petronas-Aramco refining complex in Malaysia

KUALA LUMPUR (Reuters) – A fire killed five people at a refining and petrochemicals complex in southern Malaysia owned by Petronas and Saudi Aramco, authorities said on Monday. It was the second fire in less than a year at the $27 billion Pengerang Integrated ... More »

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China’s Hengyi runs new Brunei refinery near full rates: officials

SINGAPORE (Reuters) – China’s Hengyi Petrochemical Co Ltd is operating its new 160,000 barrels per day refinery in Brunei at near full capacity after trial production began in July, two company officials told Reuters. The plant in Palau Muara Besar is one of f... More »

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Bangladesh bans heartburn drug ranitidine over cancer fears

DHAKA (Reuters) – Bangladesh’s drug regulatory authority on Sunday issued a ban on sales of popular heartburn drug ranitidine while it investigates a potential cancer-causing substance in the drug. The move comes after the U.S. Food and Drug Administration (FD... More »

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U.S and European regulators reviewing safety of heartburn drugs…

(Reuters) – U.S. and European drug regulators said on Friday they are reviewing the safety of the widely taken heartburn drug ranitidine, commonly known by the brand name Zantac, after they found traces of a probable cancer-causing impurity in some versions of... More »

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Bayer mediator dismisses report of $8 billion Roundup settlement

NEW YORK/FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11% high... More »

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Synthomer to buy Omnova in $824 million deal

(Reuters) – Polymer maker Synthomer Plc said on Wednesday it has agreed to buy Omnova Solutions Inc for an enterprise value of $824 million in a bid to strengthen its global position. London-based Synthomer is offering Beachwood, Ohio-headquartered Omnova $10.... More »

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China’s tech transfer problem is growing, EU business group says

BEIJING (Reuters) – Cases of European firms forced to transfer technology in China are increasing despite Beijing saying the problem does not exist, a European business lobby said, adding that its outlook on the country’s regulatory environment is “bleak”. Chi... More »

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Blast at Russia’s Azot chemical plant kills three: Interfax

MOSCOW (Reuters) – A blast at the Azot chemical plant in Russia’s region of Perm killed three people on Monday, the Interfax news agency cited the Emergency Ministry as saying. The blast occurred during maintenance work, Russian news agencies cited the ministr... More »

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Kipchoge to make new sub-two hour marathon attempt this year

LONDON (Reuters) – Kenyan world record holder Eliud Kipchoge is to make another attempt at breaking two hours for the marathon later this year, probably in Britain, in a project backed by Jim Ratcliffe, the billionaire owner of chemical firm INEOS. Kipchoge ra... More »

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Texas petrochemical fire prompts hundreds to visit health clinic

DEER PARK, Texas (Reuters) – Hundreds of neighborhood residents of a petrochemical plant that burned for three days and briefly emitted cancer-causing benzene into the air brought their coughs, headaches and other symptoms to a mobile clinic on Friday set up b... More »

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Malaysia frees Indonesian suspect in Kim Jong Nam murder case

KUALA LUMPUR (Reuters) – An Indonesian woman accused in the 2017 killing of the North Korean leader’s half-brother was freed on Monday, as a Malaysian court dropped the murder charge against her in a case that drew suspicions of being a political assassination... More »

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New cancer-causing toxin found in recalled blood pressure pills

(Reuters) – U.S. health regulators said on Friday a third cancer-causing toxin was found in some blood pressure pills recalled by India’s Hetero Labs Ltd a day earlier, adding to a global recall of commonly used drugs to treat hypertension. The U.S. Food and D... More »

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Explainer: What’s at stake in U.S.-China trade talks

WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin are in Beijing this week as Chinese and American negotiators try to hammer out a trade deal to ease a trade war and avert an increase in U.S. tariffs ... More »

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Root and branch reform: Swedish scientist makes fuel from tree waste

LUND, Sweden (Reuters) – Might tree roots, twigs and branches one day be used to power cars? That’s what a Swedish researcher is hoping after developing a pulp byproduct that – on a modest scale – does just that. Chemical engineering scientist Christian Hulteb... More »

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China’s approval of DowDuPont soy poses challenge to Bayer

CHICAGO (Reuters) – China’s approval of imports of a DowDuPont Inc (DWDP.N) genetically modified soybean puts rival Bayer AG (BAYGn.DE) on the defensive, investors and analysts said, as U.S. farmers will have a new choice when planting their most valuable agri... More »

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West and Russia square off for fight over empowering chemical…

THE HAGUE (Reuters) – Britain, which has condemned Russia over the nerve agent poisoning of an ex-spy, is pushing to give more teeth to the global chemical weapons watchdog so that it can identify those responsible for attacks with banned toxic substances. The... More »

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Plastic waste in Antarctica reveals scale of global pollution:…

OSLO (Reuters) – Plastic waste and toxic chemicals found in remote parts of the Antarctic this year add to evidence that pollution is spreading to the ends of the Earth, environmental group Greenpeace said on Thursday. Microplastics – tiny bits of plastic from... More »

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‘Buy now or wait?’, Italian sell-off lures back investors

MILAN (Reuters) – Some European and U.S. fund managers are stepping back into Italian equities after fresh angst about a break from the euro zone wiped five months of gains off Milan’s top share index. Analysts expect uncertainty about Italy’s role in Europe a... More »

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Chemicals boss Ratcliffe tops Sunday Times Rich List

LONDON (Reuters) – Jim Ratcliffe, the founder and boss of chemical giant Ineos, is the richest man in the United Kingdom, according to the Sunday Times Rich List, first among a record 145 billionaires living in the country. Ratcliffe maintains a relatively low... More »

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Germany vows to keep pressure on Russia over Syria

BERLIN (Reuters) – The German government on Friday said it would do all it could to maintain political pressure on Russia over the suspected use of chemical weapons in Syria, government spokesman Steffen Seibert said on Friday. Seibert said there was “serious ... More »

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Trump to unveil China tariff list this week, targeting tech goods

WASHINGTON (Reuters) – The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest economi... More »

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DowDuPont says Andrew Liveris to step down, names CEO for new Dow

FILE PHOTO: Andrew Liveris, Chairman and CEO The Dow Chemical Company attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017. REUTERS/Ruben Sprich (Reuters) – U.S. chemicals producer DowDuPont Inc said on Monday its Execut... More »

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Chemical sunshade to slow warming may not be feasible: U.N. draft

FILE PHOTO: People watch the first sunrise on New Year’s Day at a beach in Tokyo, Japan, January 1, 2018. REUTERS/Toru Hanai/File Photo OSLO (Reuters) – The idea of spraying a haze of sun-dimming chemicals high above the Earth as a quick way to slow global war... More »

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Three years too short to replace glyphosate, French farmers say

French farmer Marc Leprince pulls up a dead weed in an alfalfa field non-treated with weedkillers during an interview with Reuters in Greneville-en-Beauce, France, November 30, 2017. Picture taken November 30, 2017. REUTERS/Christian Hartmann NIOVILLE, France ... More »

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Clariant snubs review demand as showdown with White Tale looms

FILE PHOTO: The logo of Swiss specialty chemicals company Clariant is seen at the company’s headquarters in Pratteln, Switzerland October 29, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Clariant (CLN.S) on Friday rejected its largest shareholder White Tale’... More »

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Large U.S. farm study finds no cancer link to Monsanto weedkiller

FILE PHOTO: Monsanto’s research farm is pictured near Carman, Manitoba, Canada August 3, 2017. REUTERS/Zachary Prong/File Photo (This Nov 9 story corrects paragraph 11 to remove phrase at end to show Spiegelhalter did NOT say the possible association with AML ... More »

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Clariant merger foe boosts stake to 20 percent: stock exchange

Activist investors who oppose Swiss specialty chemicals maker Clariant's proposed $20 billion merger with U.S.-based Huntsman have boosted their stake to 20 percent, the Swiss stock exchange said on Friday, after Reuters reported the increased holding on Thurs... More »

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Activist investor takes Clariant stake above 20 percent: source

Activist investors seeking to block specialty chemical maker Clariant's $20 billion merger with Huntsman Corp have boosted their stake in the Swiss group above 20 percent, triggering an official disclosure filing, a source familiar with the matter said. More »

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How artificial life spawned a billion-dollar industry

FILE PHOTO: A DNA double helix is seen in an undated artist’s illustration released by the National Human Genome Research Institute to Reuters on May 15, 2012. REUTERS/National Human Genome Research Institute/Handout/File Photo Scientists are getting closer to... More »

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DuPont in asset deal with FMC, delays close of Dow merger

The Dupont logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S. on December 22, 2015. REUTERS/Lucas Jackson/File Photo DuPont said on Friday it would buy a unit of FMC Corp and sell its cr... More »

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Caterpillar shuts plant in Aurora, Illinois, that employs 800

A Caterpillar corporate logo is pictured on a building in Peoria, Illinois, U.S. March 19, 2017. REUTERS/Carlo Allegri Caterpillar Inc (CAT.N) said on Friday it will shut its Aurora, Illinois, plant, costing about 800 employees their jobs as the world’s larges... More »

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Trump`s proposal to scrap Chemical Safety Board draws criticism

U.S. President Donald Trump speaks at the annual Friends of Ireland St. Patrick’s Day lunch honoring Irish Taoiseach Enda Kenny in the U.S. Capitol in Washington, U.S., March 16, 2017. REUTERS/Kevin Lamarque President Donald Trump’s proposal to do away with th... More »

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U.S. pushes to close lead testing gaps, echoing Reuters report

U.S. states must do more to ensure that all children enrolled in the Medicaid health care program are tested for lead poisoning, a U.S. Government agency said this week, acknowledging major gaps in screening that were highlighted in a recent Reuters investigat... More »

Dutch firm Avantium to IPO to fund plastics from plants

Yoghurt by French foods group Danone is seen in this photo illustration shot in Strasbourg, April 15, 2015. REUTERS/Vincent Kessler/File Photo Dutch chemical technology firm Avantium will announce an initial public offering (IPO) this week to fund production o... More »

Agrium and Potash Corp to merge

Chris McKay, PotashCorp load-out supervisor at the Cory Mine, examines potash inside one of the storage facilities near Saskatoon, Saskatchewan October 10, 2013. REUTERS/David Stobbe Canada’s Agrium Inc (AGU.TO) and Potash Corp of Saskatchewan Inc (POT.TO) sai... More »

GM mustard clears hurdle in India but more remain

An Indian scientist holds a genetically modified (GM) rapeseed crop under trial in New Delhi, India February 13, 2015. REUTERS/Anindito Mukherjee/File photo A government panel has cleared commercial use of what would be India’s first genetically modified (GM) ... More »

Bayer says will halt future U.S. sales of insecticide

CHICAGO The agricultural unit of German chemicals company Bayer AG will halt future U.S. sales of an insecticide that can be used on more than 200 crops after losing a fight with the U.S. Environmental Protection Agency, the company said on Friday. Bayer lost ... More »

Congress moves to revamp toxic chemical law

WASHINGTON Legislation with bipartisan support that would revamp U.S. chemical safety law for the first time in decades is advancing in Congress, winning overwhelming passage in the House of Representatives as backers sought quick Senate action. Senate leaders... More »

U.S. traders reject GMO crops that lack global approval

Across the U.S. Farm Belt, top grain handlers have banned genetically modified crops that are not approved in all major overseas markets, shaking up a decades-old system that used the world’s biggest exporting country as a launchpad for new seeds from companie... More »

China orders probe after polluting factory fined just $90

BEIJING China’s environment ministry has ordered an investigation after a provincial environmental protection body fined a polluting factory just 603 yuan ($90) for dumping waste water, state media said on Friday. China’s government has repeatedly vowed to get... More »

Mosquitoes’ rapid spread poses threat beyond Zika

LONDON As the world focuses on Zika’s rapid advance in the Americas, experts warn the virus that originated in Africa is just one of a growing number of continent-jumping diseases carried by mosquitoes threatening swathes of humanity. The battle against the in... More »

Sleep tight: genome secrets could help beat the bedbug’s bite

WASHINGTON They emerge from their hiding places at night, driven to slake their thirst for human blood. Vampires? No. Bedbugs! These tiny insects have staged a global resurgence in the past two decades after being nearly eradicated in many regions, but scienti... More »

Campbell Soup becomes first major company to start GMO labeling

(This January 8 story has been corrected in paragraph 10 to say Mark Alexander is “president” not “senior vice president” of Campbell Soup’s Americas Simple Meals and Beverages unit) By Siddharth Cavale and Subrat Patnaik Campbell Soup Co is to start disclosin... More »

Volkswagen denies Qatar talks sought to curb labor role

BERLIN Volkswagen has denied a report saying its chief executive and chairman were urged on Sunday by its third-largest shareholder to reduce the influence of VW’s powerful unions as it battles to overcome its emissions scandal. CEO Matthias Mueller and Chairm... More »

With China’s GMO sector in limbo, local seed firm targets U.S.

BEIJING A Chinese biotech seed firm is aiming to launch the country’s first genetically modified corn products overseas on the home turf of the world’s top agricultural companies, as Beijing’s reticence over GMO food keeps the domestic market off limits. The p... More »

Nelson Peltz’s Trian Fund takes $2.5 billion stake in GE: WSJ

Nelson Peltz’s Trian Fund Management has accumulated $2.5 billion in General Electric (GE.N) shares since May — a roughly 1 percent stake — making it one of the company’s top 10 shareholders, the Wall Street Journal reported. In a white paper Trian plans to di... More »

DuPont to face first trial over C-8 exposure

NEW YORK Chemical giant DuPont Monday will face the first trial in litigation from residents near one of its plants in West Virginia who have accused the company of sickening them by emitting a toxic chemical that leaked into their drinking water. Carla Marie ... More »

French court confirms Monsanto liable in chemical poisoning case

LYON/PARIS, France (This 10 September, 2015 story was refiled to changes the headline, first paragraph to show Monsanto liable, not “guilty”, in the civil court ruling) A French court upheld on Thursday a 2012 ruling in which Monsanto was found to be liable in... More »

Funds snub Discovery director after rich CEO pay package

BOSTON Investors in Discovery Communications Inc, including Manning & Napier Inc and BlackRock Inc, withheld support for a member of the company’s compensation committee, recent securities filings show, after the cable network operator gave its CEO the richest... More »