Basic Materials

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Mitsui Chemicals to restart cracker around July 31

TOKYO, June 28 - Japan's Mitsui Chemicals Inc said it expects to restart its 500,000 tonnes per year (tpy) Osaka naphtha cracker around July 31 following planned maintenance, delayed slightly from its initial plan of July 26.

7:35pm EDT

UPDATE 6-Glencore fights to save $26 bln Xstrata bid

LONDON, June 27 - Commodities trader Glencore fought to save its $26 billion bid for miner Xstrata on Wednesday after shareholder Qatar stunned the pair with a late demand for better terms, forcing them to push back the timing of the deal.

UPDATE 3-Mexican tycoon Slim scores new win in Europe

* America Movil says will acquire stake as originally planned

UPDATE 3-Danone pays $685 mln to lead main Moroccan dairy

* Pays 550 mln eur to hike Centrale Laitiere stake to 67 pct

German parties agree on solar incentive cuts

BERLIN, June 27 - Germany's parliamentary mediation committee approved cuts to incentives for the solar power industry on Wednesday which will see a capping of subsidies for plants with installed capacity of 52 gigawatts (GW).

Basic Materials
E. I. du Pont de Nemours and Co $49.62 +1.62%
Monsanto Co $80.89 +3.88%
Dow Chemical Co $30.76 -0.77%

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