FMC sees higher soda ash & peroxygens sales

05 May '11

4 min read

"For the second quarter of 2011, we expect adjusted earnings of $1.40 to $1.55 per diluted share. Agricultural Products' segment earnings are expected to be up approximately 10 percent driven by growth in North America, Europe and Asia, partially offset by higher spending on growth initiatives."

"Specialty Chemicals' segment earnings are expected to be up in the high-single digits driven by higher volumes and selling prices in BioPolymer and lithium specialties, partially offset by higher spending on growth initiatives in food ingredients in BioPolymer. In Industrial Chemicals, we expect second quarter segment earnings up in the high-teens driven by higher selling prices across the segment, partially offset by start-up costs related to our Granger soda ash facility."

FMC Corporation 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 over 4,900 people throughout the world. The company operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.

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