Volume 92 Issue 11 | p. 6 | News of The Week
Issue Date: March 17, 2014

Chemical Maker FMC To Split In Two

Business: Firm to divide into separate crop chemicals and minerals companies
Department: Business
Keywords: business split, spin-off, agricultural chemicals, lithium

Taking a tack activist investors have been advocating for chemical companies, FMC Corp. plans to split into two independent firms in early 2015. The separate entities will each have a greater chance of success, the company says.

The new FMC will focus on the current firm’s fast-growing agriculture and health and nutrition segments, which had $2.9 billion in sales last year. FMC Minerals will focus on a slow-growing alkali chemicals business and on . . .

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