Word: monsanto
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...regulation, not the beneficence of industry. At the time of Bush's meeting with Marquez, some TNRCC officials had been pushing for a law that would have required the plants to clean up. Bush's insistence on a voluntary approach--an attitude shared by Marquez, a former executive at Monsanto--quashed that idea. In early 1997, Bush's team held a series of private meetings with oil-, gas- and chemical-industry leaders and invited them to draft a plan for a voluntary emission-reduction program. The secret meetings came to light last summer, when an Austin activist named Peter Altman...
...representatives from 138 nations trying to come to an agreement on how to deal with the explosive issue of genetically modified foods, the words "breakthrough" and "important first step" have been as rare as 100 percent organic popcorn around the Monsanto break room. But there was Juan Mayr of Colombia, president of the United Nations conference on biosafety, breaking into tears as he announced early Saturday that after several years of contentious negotiations, an agreement had been reached. The protocol would allow countries to reject genetically modified foods without scientific evidence of harm, and it would require exporters to label...
...speak - is the result of a heated race among chemical and bioengineering companies throughout the past decade to reap the environmental cachet that would come with the first "all natural" plastic. This week, Dow Cargill Polymer, a combined effort of Dow Chemical and Cargill Inc., prompted sighs in the Monsanto and DuPont boardrooms when it announced that it would be the first to bring PLA to your local grocery by sometime next year...
Even in this gilded era of unsurpassed profit for biotech and pharmaceutical conglomerates, one company always struck analysts as something of a black sheep. The Monsanto Company, whose subsidiary Searle makes the wildly successful arthritis drug Celebrex, has been casting around for a merger partner for over a year, and now, executives say, the search is over. Monsanto will merge with Pharmacia & Upjohn, joining the ranks of other mega-merger firms like Astra-Zeneca and Rhone-Poulenc-Hoechst, to form a corporation worth about $52 billion. Why did it take so long for Monsanto to find its mate...
Thanks to energetic protesters who claim the company's modified crops carry a wide range of environmental and health risks, opposition to the so-called Frankenfoods reached a fever pitch in Europe this year. And lately, American consumers have shown signs of rebelling against products such as Monsanto's modified seeds, which are at the heart of the company's agribusiness. Those inklings of dissent were enough, apparently, to make up executives' minds: They would complete a merger and quickly cut the agribusiness free from the rest of the company, letting it fend for itself. That amputation, execs hope, will...