Southern Crop

Southern Crop

ChemChina Required to Sell Assets of Three Pesticide Products to Gain Approval

The Federal Trade Commission told ChemChina on Tuesday that the agency approves ChemChina’s $43 billion purchase of Syngenta AG, but will require ChemChina to sell the assets and licensing of three specific pesticides.

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“NAFTA has given us the opportunity to invest in the U.S. to buy grain from American farmers and sell it to our customers in Mexico,” said Jaime Castrellon, a Mexican farmer and board member for Grupo Chapa Quiroga, speaking through an interpreter.   Read more

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U.K. to Ban Sale of Diesel, Gasoline Vehicles by 2040

The U.K. said it would ban the sale of cars powered by traditional internal-combustion engines by 2040, joining other European regulators in a bold push toward populating roads with electric cars that remain unpopular in the mass market.   Read more

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