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Fertilizer plan scrapped

8:23 AM MDT | October 26, 2012

Mitsui & Co. says it has canceled a basic agreement with Sumitomo Corp. for the integration of the companies’ fertilizer businesses in Japan. Mitsui & Co. and Sumitomo Corp. signed the agreement in March 2012 and launched a detailed study to integrate the businesses. The companies concluded that integrating their fertilizer businesses would not yield the benefits that were initially anticipated, Mitsui & Co...

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