By Jesse Newman 

The Environmental Protection Agency has withdrawn approval for a Dow Chemical Co. herbicide designed to be used on genetically engineered crops, saying it has new information that suggests the weedkiller is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 11:59 ET (16:59 GMT)

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