EPA Revokes Approval of Dow Chemical Herbicide
November 25 2015 - 11:20AM
Dow Jones News
The Environmental Protection Agency has withdrawn approval for a
Dow Chemical Co. herbicide designed to be used on genetically
engineered crops, saying it has new information that suggests the
weedkiller is more toxic to surrounding plants than previously
thought.
The move comes just over a year after Dow's Enlist Duo
herbicide, which includes a new formulation of the chemical 2,4-D,
was sanctioned by the environmental agency for use in six states,
enabling Dow to start selling corn and soybean seeds that have been
genetically modified to withstand sprays of the herbicide
blend.
Shares of Dow Chemical fell 2.6% at $51.99 in late-morning
trading in New York.
Write to Jesse Newman at jesse.newman@wsj.com
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(END) Dow Jones Newswires
November 25, 2015 12:05 ET (17:05 GMT)
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