German chemical firm Lanxess to buy Chemtura

Reuters — Lanxess AG said on Sunday it would buy specialty chemical company Chemtura Corp. for about US$2.5 billion, to improve the German company’s additives business. Lanxess’s offer of US$33.50 for each Chemtura share represents a premium of about 19 per cent to the Philadelphia-based company’s close on Friday. The world’s largest synthetic rubber maker […] Read more

(EC.europa.eu)

EU, Canada seek to win over CETA doubters with declaration

Vienna/Brussels | Reuters — Canada’s trade minister and the European Union’s trade chief sought Wednesday to overcome the doubts of Austria and other EU members over a planned EU-Canada free trade deal, with a declaration spelling out the limits of the contentious pact. Canadian Trade Minister Chrystia Freeland, speaking in Vienna, said the legally binding […] Read more


(Dave Bedard photo)

Subway to ramp up Canadian meat sourcing

One of the biggest fast-food players operating in Canada has pledged to lock in Canadian suppliers for some of its Canadian stores’ meat supplies by the end of 2016. The U.S.-based sandwich chain Subway said Tuesday it has now introduced “Canadian-raised” ham, turkey and shaved steak at its Canadian restaurants and is “committed” to sourcing […] Read more




A preserved portion of the Berlin Wall in Berlin, Germany. (CIA.gov)

German minister expects to win vote on CETA

Montreal | Reuters –– Germany’s economy minister said Thursday he expected the country’s Social Democrats, a junior partner in the ruling coalition, to vote in favour of a free-trade agreement between Canada and the European Union at a party meeting on Sept. 19. “We will get a majority vote,” German Vice-Chancellor and Economic Affairs Minister […] Read more


(JBSS.infoinvest.com.br)

JBS chiefs return to posts

The CEO and board chairman of the world’s biggest beef exporting firm say they’ve received clearance from a Brazilian federal court to return to their positions, after being ordered off the job last week. Brothers Wesley Batista and Joesley Batista, the CEO and board chairman respectively at Brazilian meat packing giant JBS, were among several […] Read more

(Keith Weller photo courtesy ARS/USDA)

TPP study sees net ‘neutral’ effect on dairy sector

An economic impact study on Canada’s participation in a Trans-Pacific Partnership (TPP) trade deal finds losses in Canada’s dairy sector would be “offset” by gains for dairy processors from cheaper dairy imports. The study, prepared for the federal government by its Office of the Chief Economist and released Friday, notes Canada has offered expanded access […] Read more