FMC Lithium Announces Global Price Increases

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Jun 23, 2011, 04:52 ET

CHARLOTTE, N.C., June 23, 2011 /PRNewswire/ -- FMC Lithium announced today that effective July 1, 2011, or as contracts permit, it will increase prices 20 percent for lithium carbonate and between 15 and 25 percent, depending on product grade, for a range of lithium products, including lithium hydroxide, lithium chloride, specialty lithium salts and lithium battery metal.

"This price increase is necessary to support continued investment in our operations as well as to offset cost increases for raw materials, transportation and energy." said Eric Norris, global commercial director for FMC Lithium.

From its headquarters in Charlotte, N.C., FMC Lithium serves markets including battery and energy, air treatment, construction, energy, fine chemicals, glass and ceramics, greases and lubricants, pool-water treatment, and polymers. Information is available at fmclithium.com. The company may be reached by phone at 888/LITHIUM or 704/426-5300, by fax at 704/426-5370, or by email at [email protected].

FMC Corporation (NYSE: FMC) is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. The company employs approximately 5,000 people throughout the world. The company operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.

FMC, the FMC logo and all brand names, company names, service marks, logos and trade dress of FMC or its subsidiaries, affiliates or licensors are registered trademarks of FMC Corporation or its subsidiaries, affiliates or licensors in the United States and other countries.

SOURCE FMC Corporation