Reading Time: < 1 minute DuPont plans to exit its once-lucrative paint pigments business to focus on its thriving DuPont Pioneer agricultural unit, better equipped to shield the biggest U.S. chemicals maker from market volatility. DuPont’s shares rose as much as six per cent on Tuesday to their highest in more than 13 years after the company said it would […] Read more
DuPont seeks exit from paints business to focus on farms
DuPont seeks exit from paints business to focus on farms
DuPont plans to exit its once-lucrative paint pigments business to focus on its thriving DuPont Pioneer agricultural unit, better equipped to shield the biggest U.S. chemicals maker from market volatility. DuPont’s shares rose as much as six per cent on Tuesday to their highest in more than 13 years after the company said it would […] Read more
Mosaic doesn’t expect U.S. drought to dent sales
The drought devastating the U.S. corn crop likely won’t dent fertilizer sales, Mosaic Co. said on Tuesday as it reported better-than-expected quarterly results. The results and bullish forecast helped push the company’s stock up 4.2 per cent in midday trading. Drought is affecting about 55 per cent of the contiguous United States, which accounts for […] Read more
Pioneer Plans To Raise Corn, Soy Seed Prices
Reading Time: < 1 minute Pioneer s seed unit plans to raise prices in the mid-single-digit range next year as it takes U.S. corn and soybean market share from Monsanto and other rivals. The price increase would be in line with a similar move the company undertook for the 2011 North American planting season and comes as corn prices sit […] Read more