Profile: FMC Corp (FMC.N)
FMC Corporation, incorporated on August 10, 1928, is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The FMC Agricultural Solutions segment develops, markets and sells over three classes of crop protection chemicals. The FMC Health and Nutrition segment focuses on nutritional ingredients, health excipients and functional health ingredients. The Company's FMC Lithium segment manufactures lithium for use in a range of lithium products.
FMC Agricultural Solutions
The Company's FMC Agricultural Solutions segment operates in the agrochemicals industry. This segment develops, manufactures and sells a portfolio of professional pest control, and lawn and garden products. FMC Agricultural Solutions' portfolio consists of over three pesticide categories, such as insecticides, herbicides and fungicides. The majority the Company's product line consists of insecticides and herbicides. The Company's insecticides are used to control pests, while herbicide portfolio targets difficult-to-control weeds. The Company's segment represents approximately 70% of the Company's total revenues.
FMC Health and Nutrition
The Company's FMC Health and Nutrition segment focuses on food ingredients, pharmaceutical excipients and omega-3 oils. The Company's product offerings into the food markets provide texture, structure and physical stability (TSPS) solutions to certain food products. The Company's formulation ingredients serves the pharmaceutical industry function as binders, disintegrants, suspending agents, and control-release compounds for the production of both solid and liquid pharmaceutical products. The Company's functional ingredient product offerings are Omega-3 products as well as certain alginate products, which are considered to be active pharmaceutical ingredients. FMC Health and Nutrition is a supplier of microcrystalline cellulose (MCC), carrageenan, alginates, natural colorants, pectin and omega-3, which have applications in the production of food, pharmaceutical, nutraceutical and other specialty consumer products. It represents over 20% of the Company's total revenues.
The Company's FMC Lithium serves a diverse group of markets, from industrial sectors to technology-intensive specialty markets. The Company's product offerings are inorganic. Lithium is utilized in energy storage, specialty polymers and pharmaceutical synthesis. Its FMC Lithium segment represents approximately 10% of its total revenues.
The Company competes with Albemarle Corporation, Sociedad Quimica y Minera de Chile S.A, J. Rettenmaier & Sohne GmbH, Ming Tai Chemical Co., Ltd., Asahi Kasei Corporation, Blanver Farmoquimica Ltd., Syngenta AG, Bayer AG, Monsanto Company, The Dow Chemical Company, E. I. du Pont de Nemours and Company, ADAMA Agricultural Solutions, Ltd., Sumitomo Chemical Company Ltd., Nufarm Ltd., Platform Specialty Products Corporation, United Phosphorous Ltd., DSM, BASF AG and Croda.
1735 Market St
PHILADELPHIA PA 19103-7501
Company Web Links
- BRIEF-FMC FY2016 earnings per share view $2.69 -- Thomson Reuters i/b/e/s
- UPDATE 2-Fresenius Medical's cost cuts lift earnings and shares
- DIARY-U.S. EARNINGS WEEK AHEAD
- BRIEF-FMC accelerates battery grade lithium hydroxide expansion with multi-year supply agreement
- BRIEF-FMC Corporation elects Amy O'shea as vice president