International Paper Co., Weyerhaeuser Co. and other pulp and paper makers may be eligible for U.S. tax credits of as much as $25 billion through 2012, far exceeding the so-called black-liquor benefits that bolstered profit this year, equity and tax analysts said in reports today.
North American fertilizer production projects totaling $22 billion may be at risk of delay amid increased scrutiny from regulators and communities after last week’s explosion at a Texas plant killed 14 people.
Acquisitions by China’s gold mining companies reached a record this year as the metal’s steepest quarterly drop in more than nine decades slashes mine values and sidelines Western competitors laden with debt.
Potash Corp. of Saskatchewan Inc. , the target of a $40 billion hostile takeover offer from BHP Billiton Ltd. , reported third-quarter profit that beat analysts’ estimates and raised its full-year earnings forecast.
Potash Corp. of Saskatchewan Inc., the largest North American producer of its namesake fertilizer, said it doesn’t expect a dispute between two producers in the former Soviet Union to last and that forecasts of a price slump are overdone.
As bullion gains this year after the biggest annual plunge in more than three decades, there’s little that’s stopping some producers reopening shuttered mines or reviving stalled projects - not even a plague of spiders.