FMC Corporation Announces Butyllithium Price Increase

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Sep 12, 2016, 06:45 ET

PHILADELPHIA, Sept. 12, 2016 /PRNewswire/ -- FMC Corporation (NYSE: FMC) announced today that effective October 1, 2016, or as contracts permit, it will increase prices for its specialty organics products in all global regions. This includes all grades of butyllithium products. All standard and non-standard pricing for specialty organics products will increase by 10 percent.

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"Prices of our butyllithium and other specialty organic products are being adjusted in line with the increases realized across our lithium product portfolio," said Chris Senyk, global marketing director, FMC Lithium. "We remain committed to our butyllithium customers and continue to invest in our global manufacturing network for the reliable supply of high-quality specialty organics."

About FMC

For more than a century, FMC Corporation has served the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products. FMC acquired Cheminova in April 2015. Revenue totaled approximately $3.3 billion in 2015. FMC employs approximately 6,000 people throughout the world and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. For more information, visit www.FMC.com.

Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2015 Form 10-K and other SEC filings. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.

SOURCE FMC Corporation