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Mexico's antitrust watchdog said on Tuesday that it has given approval to DuPont and Dow Chemical Co to merge on the condition that they sell certain crop protection products and other assets. The asset sales required by Mexico's Federal Economic Competition Commission (Cofece) is similar to what U.S. antitrust enforcers asked of the two companies and similar to what the firms had agreed to give up in a deal they struck with European regulators in March. Cofece said Dow needs to sell its acid copolymers and ionomers businesses.
DuPont's (DD) Industrial Biosciences unit has launched Axtra PHY 20000 TPT and Axtra PHY 25000 G in Europe, thereby expanding the product line of its award-winning phytase in the European Union (EU).
On average, cotton futures traded lower week-over-week for the week ended June 23, 2017.