November 6, 2009 FMC Corporation Names Pierre Brondeau President and Chief Executive Officer
October 30, 2009 FMC Corporation Plans Legal Challenge to EPA Decision to Deny Administrative Hearing on Carbofuran
October 28, 2009 FMC Corporation Announces Third Quarter 2009 Results
October 15, 2009 FMC Corporation to Raise Prices of S-Carb® Sodium Sesquicarbonate and Feed Grade Sodium Bicarbonate
September 29, 2009 FMC Lithium Announces Butyllithium Price Increase
August 17, 2009 FMC Corporation Increases Prices for Persulfates
August 17, 2009 FMC Increases Soda Ash Prices
July 30, 2009 FMC to Continue Curtailment of Granger Soda Ash Facility
July 29, 2009 FMC Corporation Announces Second Quarter 2009 Results
July 26, 2009 FMC Response to 60 Minutes Rebroadcast of Story on Kenyan Lion Poisonings
July 24, 2009 FMC Corporation's Board Declares Quarterly Dividend
July 16, 2009 FMC Lithium Improves Global Reach of Butyllithium Operations
July 14, 2009 FMC Corporation Announces Dates for Second Quarter 2009 Earnings Release and Webcast Conference Call
June 30, 2009 FMC Corporation Prevails in Patent Dispute with Ecolab, Inc.
June 25, 2009 FMC Corporation Acquires Benalaxyl Fungicide from Isagro
May 12, 2009 FMC Corporation Plans Objections to EPA Action on Carbofuran
May 4, 2009 FMC Corporation Announces First Quarter 2009 Results
May 4, 2009 FMC Corporation Elects Dirk A. Kempthorne to Board of Directors
April 28, 2009 FMC Corporation's Board Declares Quarterly Dividend
March 29, 2009 FMC Response to CBS’s 60 Minutes Story on Kenyan Lion Poisonings
February 20, 2009 FMC Corporation Acquires CB Professional Products Line from Waterbury Companies, Inc.
February 20, 2009 FMC Corporation’s Board Declares Quarterly Dividend
February 4, 2009 FMC Corporation Announces Fourth Quarter 2008 Results
January 30, 2009 FMC Corporation Announces Plan to Realign Alginates Manufacturing Operations
January 23, 2009 FMC Corporation Announces Date of 2009 Annual Meeting of Stockholders
December 5, 2008 FMC Corporation's Board Declares Quarterly Dividend
October 28, 2008 FMC Corporation Announces Third Quarter 2008 Results
October 27, 2008 FMC Corporation Authorizes $250 Million of Stock Repurchases
October 14, 2008 FMC BioPolymer Announces Price Increase
October 1, 2008 FMC Corporation to Raise List Prices of S-Carb® Sodium Sesquicarbonate and Feed Grade Sodium Bicarbonate
September 24, 2008 FMC Corporation Increases Price of Hydrogen Peroxide
September 10, 2008 FMC Lithium Announces Grand Opening of New Battery R&D Facility
September 8, 2008 FMC Corporation to Raise Prices of USP and Industrial Grade Sodium Bicarbonate
August 29, 2008 FMC Increases Soda Ash Prices
August 29, 2008 FMC Corporation to Address Investor Conferences in September
August 1, 2008 FMC Corporation Increases Price of Peracetic Acid
July 29, 2008 FMC Corporation Announces Second Quarter 2008 Results
July 28, 2008 FMC Corporation Signs Agreement to Acquire CoLiving Food Ingredients
July 25, 2008 FMC Corporation Finds EPA Proposal on Carbofuran Unwarranted
July 25, 2008 FMC Corporation's Board Declares Quarterly Dividend
July 6, 2008 FMC Corporation Announces Cooperative Agreement with VeruTEK Technologies
June 19, 2008 FMC Corporation Increases Price of Hydrogen Peroxide
May 20, 2008 FMC Corporation Signs Agreement to Acquire Hydrocolloid Ingredients Business from International Specialty Products
May 15, 2008 FMC Increases Soda Ash Prices
May 7, 2008 FMC BioPolymer Announces a 7 Percent Price Increase
May 1, 2008 FMC Corporation Elects Robert C. Pallash to Board of Directors
April 30, 2008 FMC Corporation to Address Investor Conferences in May
April 23, 2008 FMC Corporation Announces First Quarter 2008 Results
April 22, 2008 FMC Corporation's Board Increases Quarterly Dividend
February 22, 2008 FMC Corporation’s Board Declares Quarterly Dividend
February 8, 2008 FMC Announces Plans to Recommission Soda Ash Capacity at Granger
February 6, 2008 FMC Corporation Announces Fourth Quarter 2007 Results and Outlook for 2008
January 23, 2008 FMC Corporation Announces Date of 2008 Annual Meeting of Stockholders
December 21, 2007 FMC Announces Plans to Expand Microcrystalline Cellulose Production
December 14, 2007 FMC Corporation and Pronova BioPharma Announce Agreement to Develop New Alginate-Based Capsule Products
December 7, 2007 FMC Corporation's Board Declares Quarterly Dividend
October 31, 2007 FMC Corporation Announces Third Quarter 2007 Results
October 1, 2007 FMC BioPolymer Raises Prices for Microcrystalline Cellulose and Carrageenan Products
September 25, 2007 FMC Increases Soda Ash Prices
September 14, 2007 FMC Corporation to Raise List and Off-List Prices of Sesqui Sodium Sesquicarbonate
September 14, 2007 FMC Corporation to Raise Off-List Prices of USP and Industrial Grade Sodium Bicarbonate
September 4, 2007 FMC Corporation Increases Price of Hydrogen Peroxide
August 28, 2007 FMC Corporation Executes $600 Million Credit Agreement
August 20, 2007 FMC Corporation Elects Vincent R. Volpe, Jr., to Board of Directors
August 17, 2007 FMC Corporation's Board Declares Stock Split and Quarterly Dividend
July 25, 2007 FMC Corporation Announces Second Quarter 2007 Results
July 19, 2007 FMC Corporation Increases Global Prices for Persulfates
June 21, 2007 FMC Announces Phase Out and Transition Plan for Baltimore Facility
June 15, 2007 FMC Corporation's Board Declares Quarterly Dividend
June 13, 2007 FMC Professional Solutions Launches New Transport Termiticide Insecticide
May 16, 2007 FMC Increases Soda Ash Prices
April 30, 2007 FMC Corporation Announces First Quarter 2007 Results
April 24, 2007 FMC Corporation Authorizes $250 Million of Stock Repurchases and Plans to Increase Quarterly Dividend by 17 Percent
March 22, 2007 FMC Lithium Commissions India Facility to Service Expanding Pharmaceutical Market
March 5, 2007 FMC Corporation Acquires Exclusive Access to Sankyo Agro Fungicide
February 16, 2007 FMC Corporation's Board Declares Quarterly Dividend
January 29, 2007 BioProgress plc and FMC Corporation Complete NRobe Oral Dose System Restructuring Agreement
January 22, 2007 FMC Corporation Announces Date of 2007 Annual Meeting of Stockholders
January 16, 2007 FMC Corporation Announces Dates for Fourth Quarter 2006 Earnings Release and Webcast Conference Call
December 18, 2006 FMC and BASF Announce Agreement to Exchange Access to Key Active Ingredients
December 18, 2006 FMC Corporation’s Board Declares Quarterly Dividend
December 5, 2006 FMC Corporation Announces Plans to Voluntarily Delist From NYSE Arca
November 27, 2006 FMC Lithium Raises Prices on Lithium Metal
November 1, 2006 FMC Corporation Announces Third Quarter 2006 Results
October 30, 2006 FMC and Dow AgroSciences Agree to Supply Each Other Active Ingredient for Soybean Herbicide Premix
October 6, 2006 FMC Corporation to Raise List and Off-List Prices of Sesqui™ Sodium Sesquicarbonate
September 19, 2006 FMC BioPolymer Announces General Price Increase
September 8, 2006 FMC Increases Soda Ash Prices
September 8, 2006 FMC Corporation Increases Off-List Price on Persulfates
September 6, 2006 FMC Corporation Increases Price of Hydrogen Peroxide
August 18, 2006 FMC Corporation's Board Declares Quarterly Dividend
August 3, 2006 FMC Corporation Disagrees Strongly with EPA Interim Safety Assessment for Carbofuran
August 1, 2006 FMC Corporation Announces Second Quarter 2006 Results
June 27, 2006 Bayer CropScience Acquires Rights to FMC Corporation´s Insecticides Discovery Pipeline
June 16, 2006 FMC Corporation’s Board Declares Quarterly Dividend
May 24, 2006 FMC Corporation Completes Final Phase of California Property Sale to City of San Jose
May 18, 2006 FMC Increases Soda Ash Prices
April 26, 2006 FMC Corporation Announces First Quarter 2006 Results
February 24, 2006 FMC Corporation Initiates Quarterly Cash Dividend and Authorizes $150 Million Stock Repurchase Program
February 6, 2006 FMC Corporation Announces Fourth Quarter 2005 Results
January 19, 2006 FMC Corporation Announces Date of 2006 Annual Meeting of Stockholders
December 19, 2005 FMC Corporation Completes Two Financings
December 12, 2005 FMC Corporation Elects Paul J. Norris to Board of Directors
November 16, 2005 FMC Corporation To Raise Off-List Prices of USP and Industrial Grade Sodium Bicarbonate
November 16, 2005 FMC Corporation To Raise Off-List Prices of S-Carb® Sodium Sesquicarbonate and Feed Grade Sodium Bicarbonate
November 2, 2005 FMC Corporation Announces Third Quarter 2005 Results
October 6, 2005 FMC Receives EPA Registration On New High-Performance Acetamiprid Cockroach Bait
October 4, 2005 FMC BioPolymer Announces General Price Increase Due to High Energy and Raw Material Costs
September 27, 2005 FMC Lithium Raises Prices on Butyllithium and Specialty Organic Products
September 15, 2005 FMC Increases Soda Ash Prices
September 1, 2005 FMC Corporation Reaches Agreement to Sell Astaris Joint Venture
August 15, 2005 FMC Lithium Introduces New Safe Handling Guides
August 2, 2005 FMC Corporation Announces Second Quarter 2005 Results
July 21, 2005 FMC Corporation Completes Redemption of Notes
July 12, 2005 FMC Corporation Announces Dates for Second Quarter 2005 Earnings Release and Webcast Conference Call
July 1, 2005 FMC and Green River Union Reach New Agreement
June 27, 2005 FMC Lithium Raises Prices on All Lithium Salts
June 21, 2005 FMC Corporation Executes $850 Million Credit Agreement and Calls its 10.25 Percent Senior Secured Notes for Redemption
May 27, 2005 FMC Corporation Commences Syndication of $850 Million Credit Agreement
May 25, 2005 FMC Corporation Increases Price of Hydrogen Peroxide
May 19, 2005 FMC Corporation Announces United States District Court Ruling on Label Infringement
May 2, 2005 FMC Corporation Announces First Quarter 2005 Results
March 24, 2005 FMC Updates First Quarter 2005 Outlook
February 17, 2005 FMC Corporation Completes First Phase of California Property Sale to City of San Jose
January 28, 2005 FMC Recommissions 250,000 Tons Per Year of Soda Ash Capacity
January 27, 2005 FMC Corporation Announces Fourth Quarter 2004 Results and Provides Outlook for 2005
January 20, 2005 FMC Corporation Announces Date of 2005 Annual Meeting of Stockholders.
December 17, 2004 FMC Corporation Increases Off-List Price of Hydrogen Peroxide
November 8, 2004 FMC Corporation Adjusts Third Quarter Results
November 1, 2004 FMC Raises Prices on Selected Carrageenan Products
November 1, 2004 FMC Corporation Executes $600 Million Credit Agreement
October 26, 2004 FMC Corporation Announces Third Quarter Results
October 25, 2004 FMC Corporation Increases List and Off-List Price on Persulfates
October 21, 2004 FMC Announces Growth Plan for Company's Agricultural Specialty Products Business
HONOLULU, Oct. 21 /PRNewswire-FirstCall/ -- FMC Corporation (NYSE: FMC) today announced the launch of strategic growth initiatives that will allow the company to develop and commercialize valuable chemistries and open new markets through partnerships in the company's Specialty Products Business (SPB), which is a part of FMC's Agricultural Products Group. SPB markets high-performance insecticides, miticides and herbicides for use by pest management, tree, lawn care and golf course professionals. Company officials outlined the growth plan during the annual PestWorld '04 convention and exposition sponsored by the National Pest Management Association (NPMA).
October 8, 2004 FMC Lithium Announces Price Increase on LifeTech® Admixtures
September 9, 2004 FMC to Increase Off-List Soda Ash Prices By $7.00/Short Ton
July 27, 2004 FMC Corporation Announces Second Quarter Results and Raises Outlook for Full Year
July 20, 2004 FMC Corporation Increases Off-List Price of Hydrogen Peroxide
June 22, 2004 HILADELPHIA, June 22, 2004 -- FMC Corporation (NYSE: FMC) today said that it has completed repricing its term loan facility, reducing the applicable margin by 75 basis points. Borrowings under the term loan facility are currently $242.9 million.
June 14, 2004 PHILADELPHIA, June 14, 2004 -- FMC Corporation (NYSE: FMC) announced today that W. Kim Foster, Chief Financial Officer, will address the First Annual Chemical Industry Conference on Tuesday, June 22, 2004, at the Chemical Heritage Foundation in Philadelphia at 3:00 p.m. (EDT).
May 28, 2004 FMC BioPolymer (“FMC”), a business unit of FMC Corporation (NYSE:FMC), has executed agreements with Grupo Farmasierra subsidiaries Farmasierra Manufacturing S.L. and Advanced Technology Pharma S.L. (“Farmasierra”), whereby Farmasierra will provide FMC with technology development and manufacturing services relating to the commercialisation of NRobe®, a new oral dose form system employing pre-formed edible films in a dry, one-step process.
May 24, 2004 Charlotte, N.C., May 24, 2004---FMC (NYSE: FMC) The administrative offices of FMC Lithium have relocated from Gastonia, N.C., 15 miles east to Charlotte, NC. The new address is Seven LakePointe Plaza, 2801 Yorkmont Road, Suite 300, Charlotte, NC 28208. The move occurred on Friday, May 21, 2004 and involves approximately 45 employees that work within sales and marketing, sales service, accounting, IT, legal and support service functions. Email addresses, phone numbers and fax numbers remain the same.
April 28, 2004 PHILADELPHIA, April 28, 2004 -- FMC Corporation (NYSE: FMC) today reported first quarter 2004 net income of $5.5 million or $0.15 per diluted share versus $1.9 million or $0.05 per share in the first quarter of 2003. First quarter 2004 net income included restructuring and other charges and a charge to discontinued operations that totaled $8.4 million after-tax or $0.23 per share. Excluding these charges, first quarter 2004 earnings were $13.9 million or $0.38 per share. First quarter revenue of $505.7 million was up 17 percent as compared with $434.0 million in the year-earlier quarter.
April 20, 2004 PHILADELPHIA, April 20, 2004 -- FMC Corporation (NYSE: FMC) today announced that it has reached agreement with HRPT Properties Trust for a new long-term lease for its current headquarters location in the Mellon Bank Center at 1735 Market Street, Philadelphia, Pa.
April 2, 2004 Gastonia, N.C., April 2, 2004---FMC (NYSE: FMC) Lithium is pleased to announce that all production facilities including: Bessemer City, North Carolina; Bayport, Texas; Bromborough, England; and Minera del Altiplano, Argentina have earned ISO 9001:2000 certification. Det Norske Veritas Certification, Inc. (DNV) conducted the audits at the two (2) US sites, Bureau Veritas Quality International (BVQi) conducted the audit at the Argentina site and the British Standards Institution (BSI) conducted the audit at the UK production site, all granting certification.
March 29, 2004 PHILADELPHIA, March 29, 2004 -- FMC Corporation (NYSE: FMC) today said that it expects first quarter 2004 earnings per share before restructuring and other charges to significantly exceed $0.17 per share, the top end of analysts’ current estimates.
The driver for this revised outlook is substantially stronger-than-expected performance during the quarter in Agricultural Products, particularly in Brazil. The strength in Brazil is the result of a robust agricultural economy and higher pest pressures. The company’s outlook for Industrial Chemicals and Specialty Chemicals for the quarter is unchanged from previous guidance.
February 4, 2004 PHILADELPHIA, February 4, 2004 -- FMC Corporation (NYSE: FMC) announced today that Marty Kisliuk, Director Global Supply Chain and Asia FMC Agricultural Products Group, will address the UBS Grass Roots Chemical Conference on Tuesday, February 10, 2004 at the Ritz-Carlton Hotel in New Orleans at 3:40 p.m. CST.
February 4, 2004 FMC BioPolymer (“FMC”), a business unit of FMC Corporation (NYSE:FMC), has executed agreements with BioProgress plc (“BioProgress”) (LSE:AIM:BPRG), whereby FMC has acquired an exclusive worldwide licence for the BioProgress NROBE® dosage form, process, equipment and enabling technology. FMC will assume full responsibility for the commercialisation of NROBE®.
February 2, 2004 PHILADELPHIA, February 2, 2004 -- FMC Corporation (NYSE: FMC) today reported net income or $0.18 per share on a diluted basis versus $0.26 per diluted share in the fourth quarter of 2002. Fourth quarter 2003 net income included restructuring and
other charges and an environmental charge to discontinued operations that totaled $0.58 per diluted share. Fourth quarter 2002 net income included restructuring and other charges and an environmental charge to discontinued operations that totaled $0.36 per diluted share. Excluding these restructuring and other charges and on a continuing operations basis, fourth quarter 2003 earnings were $0.76 per share on a diluted basis versus $0.62 per diluted share in the fourth quarter of 2002. Fourth quarter revenue of $506.9 million was up 10 percent as compared with $459.7 million in the year-earlier quarter.
January 20, 2004 PHILADELPHIA, January 20, 2004 -- FMC Corporation (NYSE:FMC) announced today that its 2004 Annual Meeting of Stockholders will be held on Tuesday, April 27, 2004 at 2 p.m. at the Top of the Tower, 1717 Arch Street, 50th Floor, Philadelphia, Pa., 19103.
January 5, 2004 FMC Corporation (NYSE: FMC) today announced the following schedule and teleconference information for its fourth quarter 2003 earnings release:
December 15, 2003 PHILADELPHIA, December 15, 2003 - - FMC Corporation (NYSE: FMC) announced today that Mark P. Frissora has been elected to the company’s board of directors, effective January 1, 2004.
October 29, 2003 PHILADELPHIA, October 29, 2003 -- FMC Corporation (NYSE: FMC) today reported a net loss of $3.4 million for the third quarter of 2003, or $0.10 per share loss on a diluted basis, versus net income of $28.2 million in the third quarter of 2002, or $0.79 per diluted share. The net loss for the current quarter included charges of $20.2 million after-tax, or $0.57 per diluted share, relating primarily to the previously announced Astaris restructuring program, partially offset by the gain on the sale of real estate. Excluding these charges, earnings were $0.47 per diluted share for the third quarter of 2003. Third quarter revenue of $470.5 million was down 1 percent as compared with $476.6 million in the prior-year quarter.
October 16, 2003 Gastonia, N.C., October 16, 2003---FMC (NYSE: FMC) Lithium is implementing a price increase of three percent (3%) for all grades of butyllithium. The increase applies to all butyllithium pricing worldwide and takes effect on January 1, 2004, or as contracts allow. Rising energy and raw materials costs are factors contributing to this price increase.
October 15, 2003 PHILADELPHIA, October 15, 2003 -- FMC Corporation (NYSE: FMC) said today that it intends to vigorously defend itself against Solutia’s recently filed suit over the failure of purified phosphoric acid technology contributed by FMC to Astaris LLC, which is jointly owned by Solutia and FMC.
October 9, 2003 FMC Corporation (NYSE: FMC) said today that the Board of Managers of Astaris LLC, the company’s 50/50 joint venture with Solutia Inc, has approved a restructuring plan that will significantly improve Astaris' financial performance.
October 3, 2003 FMC Corporation Announces Date for Third Quarter 2003 Earnings Release and Teleconference.
August 28, 2003 FMC Corporation's Agricultural Products Groups launches three new websites covering the group's crop protection, specialty products and software solutions businesses. The new sites utilize "solutions-based" content to provide customers with easy to access information on products, pests, labels, stewardship, performance data and news.
August 28, 2003 FMC Corporation's Agricultural Products Groups launches three new websites covering the group's crop protection, specialty products and software solutions businesses. The new sites utilize "solutions-based" content to provide customers with easy to access information on products, pests, labels, stewardship, performance data and news.
August 27, 2003 PHILADELPHIA, August 27, 2003 - - FMC Corporation (NYSE: FMC) announced the promotions of Ted Butz to Vice President and Group Manager, Specialty Chemicals and Michael Wilson to Vice President and Group Manager; Industrial Chemicals. Butz and Wilson join Milton Steele, Vice President and Group Manager, Agricultural Products, as the three operating executives who will now report directly to William G. Walter, Chairman, President and CEO.
June 27, 2003 FMC Corporation received an amended registration from the California Environmental Protection Agency for the use of VigorOx liquid sanitizer and disinfectant (peracetic acid) with the HRS (high retention system) foaming system on environmental and food contact surfaces.
June 16, 2003 NovaMatrix, a business unit of FMC BioPolymer, has launched its new website at http://www.novamatrix.biz.
NovaMatrix is the world's leading producer and supplier of ultrapure, well-characterized and documented
biopolymers for use in pharmaceutical, biotechnology and biomedical applications. The website features the product catalogue and offers customers the option of viewing personalized information.
June 16, 2003 NovaMatrix, a business unit of FMC BioPolymer, has launched its new website at http://www.novamatrix.biz.
NovaMatrix is the world's leading producer and supplier of ultrapure, well-characterized and documented
biopolymers for use in pharmaceutical, biotechnology and biomedical applications. The website features the product catalogue and offers customers the option of viewing personalized information.
May 8, 2003 The Customer Respect Group released results indicating FMC Corporation scored highest in Customer Respect for online customer experiences in a survey of the largest U.S. chemical companies.
May 8, 2003 The Customer Respect Group released results indicating FMC Corporation scored highest in Customer Respect for online customer experiences in a survey of the largest U.S. chemical companies.
April 30, 2003 PHILADELPHIA, April 30 /PRNewswire-FirstCall/ -- FMC Corporation (NYSE: FMC) today reported first quarter 2003 net income of $0.05 per share on a diluted basis versus $0.28 per share on the same basis in the first quarter of 2002 and approximately in-line with prior guidance.
March 25, 2003 ST. LOUIS, March 25, 2002 – Paul Howes, President and Chief Executive Officer of Astaris LLC, today announced his new commercial leadership team. They include: J Tranny Mitchell, who joins Astaris as Vice President, Marketing and is responsible for establishing the marketing strategy and plans and has direct responsibility for sales in Europe and Asia; and Jim Moffatt, who is promoted to Vice President, Sales, with responsibility for sales in the Americas and for the Astaris operations in Brazil. "These changes will be instrumental in executing our short and long-term commercial strategies, including the development of innovative products and solutions," Howes said. "This combination will give Astaris a sustained competitive advantage ensuring that we deliver high quality, differentiated products and service to our valued customers."
December 17, 2002 PHILADELPHIA, December 17, 2002 - - FMC Corporation (NYSE: FMC) announced today that G. Peter D’Aloia and C. Scott Greer have been elected to the company’s board of directors, effective December 11, 2002. D’Aloia, 57, is currently senior vice president and chief financial officer of American Standard Companies, Inc. Greer, 51, is chairman of the board, president and chief executive officer of Flowserve Corporation.
December 4, 2002 St. Louis, Dec. 4, 2002 – Astaris LLC today announced that Paul L. Howes, 46, will join the company as president and chief executive officer effective Dec. 9. “Paul brings a wealth of business, strategic, commercial and manufacturing expertise to his new role,” said Robert I. Harries, chairman of the Astaris board of managers. Astaris is a leading producer of phosphorus chemicals with more than 1,000 product formulations, 600 employees and annual sales of approximately $500 million.
October 29, 2002 PHILADELPHIA, October 29, 2002 -- FMC Corporation (NYSE: FMC) today reported third quarter 2002, after-tax income from continuing operations excluding special items of $0.79 per share on a fully diluted basis versus $0.57 per share in the third quarter of 2001. Revenue and after-tax income excluding special items were $476.6 million and $28.2 million respectively versus $482.8 million and $18.2 million respectively for the same period last year. In the prior year quarter, after-tax corporate restructuring and other charges were $4.3 million, and after-tax income from discontinued operations was $7.4 million. Including these items, net income for the third quarter 2001 was $21.3 million or $0.66 per share on a fully diluted basis. The company did not record any special items in the third quarter of 2002.
October 28, 2002 Gastonia, NC, October 28, 2002---FMC (NYSE: FMC) Lithium is implementing a price increase of 3 percent for all grades of butyllithium. The increase applies to all butyllithium pricing worldwide and takes effect on January 1, 2003, or as contracts allow. Rising costs of raw materials, as well as significantly higher insurance costs resulting from the events of September 11, 2001, are factors contributing to this price increase.
October 22, 2002 PHILADELPHIA, October 21, 2002 -- FMC Corporation (NYSE: FMC) reported today that its previously announced offering of $355 million of 10¼% senior secured notes due 2009, its new $500 million senior secured credit agreement and a $40 million supplemental secured standby letter of credit facility closed today. The new credit agreement provides for a three-year, $250 million revolving credit facility and a five-year, $250 million term loan. The supplemental letter of credit facility has a three-year term.
October 4, 2002 PHILADELPHIA, October 4, 2002 - - FMC Corporation (NYSE: FMC) today announced the following schedule and teleconference information for its third quarter 2002 earnings release:
· Earnings Release: October 29, 2002, after close of market by PR Newswire distribution and FMC Corporation’s web site at ir.fmc.com.
· Teleconference: October 30, 2002, at 11:00AM Eastern Daylight Time (EDT), hosted by Eric Norris, Director, Investor Relations. Listen-only mode via Internet broadcast at ir.fmc.com.
· Web Replay: Available beginning at 4:00PM on October 30, 2002, at ir.fmc.com.
September 25, 2002 PHILADELPHIA, September 25, 2002 - - FMC Corporation (NYSE: FMC) Chairman, President and Chief Executive Officer, William G. Walter, addressed the Credit Suisse First Boston’s 15th Annual Chemical Conference on Wednesday, September 25, 2002 at the St. Regis Hotel in New York.
A recorded webcast of Mr. Walter’s presentation, including an electronic copy of the presentation slides, is provided on FMC’s website at www.fmc.com on the Investor Relations homepage.
September 20, 2002 FMC Corporation (NYSE: FMC) announced today that it is commencing a refinancing that is expected to include: a new $550 million senior secured credit agreement, consisting of a three-year revolving credit facility and a five-year term loan; a $300 million offering of senior secured notes due in 2009; and a $40 million supplemental letter of credit facility.
August 27, 2002 FMC "Team 1" from Green River, Wyo., won the 2002 National and International Mine Rescue Contest held recently in Reno and Sparks, Nev. The contest is sponsored by the U.S. Department of Labor's Mine Safety and Health Administration (MSHA).
August 14, 2002 Philadelphia, August 14, 2002 -- FMC Corporation (NYSE: FMC) Chairman, President and Chief Executive Officer, William G. Walter, and FMC Senior Vice President and Chief Financial Officer, W. Kim Foster, by certification letter to the U.S. Securities and Exchange Commission (SEC), today affirmed the accuracy of FMC’s recent filings. These include the Form 10-K report for 2001, Form 10-Q reports for the first and second quarters of 2002 and the company’s 2002 proxy statement to shareholders and other recent filings on Form 8-K. This action is in response to a June 27, 2002, order by the SEC requiring approximately 950 companies to certify the accuracy of financial reports. Investors and others who are interested are encouraged to review FMC Corporation SEC filings at www.fmc.com via the Investor Relations homepage.
August 14, 2002 Philadelphia, August 14, 2002 -- FMC Corporation (NYSE: FMC) Chairman, President and Chief Executive Officer, William G. Walter, and FMC Senior Vice President and Chief Financial Officer, W. Kim Foster, by certification letter to the U.S. Securities and Exchange Commission (SEC), today affirmed the accuracy of FMC’s recent filings. These include the Form 10-K report for 2001, Form 10-Q reports for the first and second quarters of 2002 and the company’s 2002 proxy statement to shareholders and other recent filings on Form 8-K. This action is in response to a June 27, 2002, order by the SEC requiring approximately 950 companies to certify the accuracy of financial reports. Investors and others who are interested are encouraged to review FMC Corporation SEC filings at www.fmc.com via the Investor Relations homepage.
August 14, 2002 Philadelphia, August 14, 2002 -- FMC Corporation (NYSE: FMC) Chairman, President and Chief Executive Officer, William G. Walter, and FMC Senior Vice President and Chief Financial Officer, W. Kim Foster, by certification letter to the U.S. Securities and Exchange Commission (SEC), today affirmed the accuracy of FMC’s recent filings. These include the Form 10-K report for 2001, Form 10-Q reports for the first and second quarters of 2002 and the company’s 2002 proxy statement to shareholders and other recent filings on Form 8-K. This action is in response to a June 27, 2002, order by the SEC requiring approximately 950 companies to certify the accuracy of financial reports. Investors and others who are interested are encouraged to review FMC Corporation SEC filings at www.fmc.com via the Investor Relations homepage.
July 22, 2002 PHILADELPHIA, July 22, 2002 - FMC Corporation (NYSE: FMC) today reported second quarter 2002, after-tax income from continuing operations before special items of $0.71 per share on a fully diluted basis versus $1.27 per share in the second quarter of 2001. On the same basis, consensus earnings estimates had been $0.65 per share. Sales and after-tax income before special items were $482.4 million and $23.8 million respectively versus $523.2 million and $40.9 million for the same period last year. Including special items, FMC’s reported after-tax income was $19.2 million or $0.57 per share on a fully diluted basis versus a loss of $299.8 million or $9.61 per share in the prior-year period. Special items in the current quarter totaled $4.6 million after-tax and include severance and other expenses arising from restructuring within Industrial Chemicals and Corporate.
July 10, 2002 PHILADELPHIA, July 10, 2002 - FMC Corporation (NYSE: FMC) today announced the following schedule and teleconference information for its second quarter 2002 earnings release:
Earnings Release: July 22, 2002, after close of market by PR Newswire distribution and FMC Corporation’s web site at www.fmc.com on the Investor Relations page. Teleconference: July 23, 2002, at 10:00AM Eastern Daylight Time (EDT), hosted by Eric Norris, Director, Investor Relations. Listen-only mode via Internet broadcast at www.fmc.com on the Investor Relations page. Web Replay: Available beginning at 4:00PM on July 23, 2002, at www.fmc.com on the Investor Relations page in the Audio Archives section.
June 14, 2002 PHILADELPHIA, June 14, 2002 - FMC Corporation (NYSE: FMC) said today that it remains confident in its liquidity, its ability to support all business operations and its plan to refinance upcoming maturities before year-end. Senior Vice President and Chief Financial Officer W. Kim Foster, responding to the downgrade by Moody’s Investors Service of FMC’s credit ratings, said: "While we are extremely disappointed in Moody’s action yesterday, we believe it will have no significant impact on our liquidity and access to the debt markets. On an annualized basis, we expect the interest cost on our existing financings to be approximately $0.03 to $0.04 per share higher on an after-tax, fully diluted basis. There are no financial obligations triggered by Moody’s action that would materially impair our liquidity."
June 13, 2002 PHILADELPHIA – June 13, 2002 - FMC Corporation (NYSE: FMC) responded today to the downgrade by Moody’s Investors Service of FMC’s credit ratings of its indebtedness from Baa3/Prime-3 to Ba1/Not-Prime in an announcement made earlier today. Moody’s announcement follows last week’s action by Standard and Poor’s Rating Services (S&P) in which it reaffirmed its investment-grade credit rating and stable outlook for FMC.
June 6, 2002 PHILADELPHIA, PA – June 6, 2002 – FMC Corporation (NYSE: FMC) announced today that the public offering price for the sale of 3.25 million shares of its common stock in the offering announced yesterday is 32.65 per share. As previously announced, Salomon Smith Barney is the sole underwriter for the offering. The Company has granted the underwriter an option to purchase up to 487,500 additional shares to cover over-allotments. The Company intends to use the net proceeds from the offering to repay outstanding indebtedness under its existing revolving credit facility.
June 5, 2002 PHILADELPHIA, PA –June 5, 2002 - FMC Corporation (NYSE: FMC) announced today that it has commenced an offering of 3.25 million shares of its common stock. Salomon Smith Barney is the sole underwriter for this offering.
The Company has granted the underwriter an option to purchase up to 487,500 additional shares to cover over-allotments. The Company intends to use the net proceeds from the offering to repay outstanding indebtedness under its existing revolving credit facility.
May 22, 2002 PHILADELPHIA, May 22, 2002 -- FMC Corporation (NYSE: FMC) today said that it expects second quarter 2002 after-tax earnings before special items to be $0.25 to $0.30 per share lower than the current consensus estimate of $0.92 surveyed by First Call. The company indicated that a majority of the expected second quarter shortfall would result from the loss of a major European detergent customer within its Foret subsidiary based in Spain and from a slower-than-expected ramp-up of the purified phosphoric acid (PPA) plant at Astaris, FMC’s phosphorus chemicals joint venture with Solutia Inc. The remainder of the quarter’s expected shortfall will result from the shift of certain Agricultural Products sales to the latter half of 2002. (For the complete text of the press release, click on the headline.)
April 30, 2002 FMC Lithium has named Euclid Chemical Company as a distributor to market their lithium-based admixture products that control alkali-silica reactivity (ASR) in fresh concrete, and for lithium-based concrete treatment repair materials and technologies for mitigating ASR induced expansion, cracking and “popouts” in hardened concrete in North America. Euclid has distribution and marketing rights, as well as patent licenses for applying FMC Lithium construction technologies throughout the United States and Canada. Euclid will market FMC’s Lifetime® Admixtures as Eucon Integral ARC™, and Renew® Concrete Treatment as Euco ARC Treatment™.
April 18, 2002 PHILADELPHIA, April 18, 2002 -- FMC Corporation (NYSE: FMC) today reported first quarter 2002, after-tax income from continuing operations before special items of $0.41 per share on a fully diluted basis versus $0.51 per share in the first quarter of 2001. Sales and after-tax income before special items were $434.2 million and $13.2 million respectively versus $447.2 million and $16.4 million for the same period last year. Including special items, FMC’s reported after-tax income was $0.28 per share on a fully diluted basis versus a loss of $0.86 per share in the prior-year period.
April 18, 2002 FMC is pleased to announce the introduction of a new insecticide named Double Threat for the cotton market. This new product is a result of an agreement between FMC Corporation and Dow Agrosciences and brings together the best qualities of bifenthrin from FMC and spinosad from Dow Agrosciences. The new mixture, in an ideal ratio, provides dual modes-of-action and utilizes separate insect target sites to aid in insect resistant management. This combination provides full spectrum control of the major cotton insects, including the most devastating - bollworm, plant bug, thrip, budworm, brown and green stink bugs and boll weevil. Cotton growers can now choose to plant cotton varieties most suited for their agronomic situation.
April 18, 2002 FMC is pleased to announce the introduction of a new insecticide named Double Threat for the cotton market. This new product is a result of an agreement between FMC Corporation and Dow Agrosciences and brings together the best qualities of bifenthrin from FMC and spinosad from Dow Agrosciences. The new mixture, in an ideal ratio, provides dual modes-of-action and utilizes separate insect target sites to aid in insect resistant management. This combination provides full spectrum control of the major cotton insects, including the most devastating - bollworm, plant bug, thrip, budworm, brown and green stink bugs and boll weevil. Cotton growers can now choose to plant cotton varieties most suited for their agronomic situation.
April 10, 2002 FMC Corporation (NYSE: FMC) today announced the following schedule and teleconference information for its first quarter 2002 earnings release.
Earnings Release: April 18, 2002; after close of market by PR Newswire distribution and FMC Corporation’s web site at www.fmc.com on the Investor Relations page. Teleconference: April 19, 2002, at 8:30AM Eastern Daylight Time (EDT), hosted by Eric Norris, Director Investor Relations. Web Replay: Available beginning at 4:00PM on April 19, 2002.
March 18, 2002 FMC Corporation (NYSE: FMC) Chairman, President and Chief Executive Officer, William G. Walter, addressed the Merrill Lynch chemical industry investor conference recently in New York. A copy of Mr. Walter's presentation "Back to Basics" is provided on the Investor Relations homepage at www.fmc.com.
March 14, 2002 FMC Corporation (NYSE: FMC) today announced that Cyanco Company, the 50/50 joint venture between Degussa Corporation and Winnemucca Chemicals, a wholly owned subsidiary of Nevada Chemicals, Inc. (NASDAQ/NMS: NCEM), has purchased the commercial and certain distribution assets related to the company’s sodium cyanide business.
March 14, 2002 FMC Foret, a subsidiary of FMC Corporation (NYSE: FMC), has announced plans to build an additional 35,000 tons per year of sodium percarbonate capacity at its site in La Zaida, Spain. Percarbonate is a bleach used in heavy-duty detergents. The switch will represent an addition of 35,000 tons/year and will be available by the second half of 2003.
FMC Foret, a chemical manufacturer founded over a century ago, is a Spanish subsidiary of FMC Corporation and has five plants in Spain and one in the Netherlands, with 1,000 employees. FMC Foret already has a 15,000 tons/year percarbonate plant in operation since December 2001.
January 31, 2002 FMC Corporation (NYSE: FMC) today reported fourth quarter 2001 after-tax income from continuing operations of $0.75 per share on a fully diluted basis and before special items, compared with $0.84 per share on a pro forma basis for the year earlier period. Sales and after-tax income from continuing operations were $489.8 million and $24.1 million respectively versus $467.0 million and $26.9 million on a pro forma basis for the same period last year. These results excluded special items of $59.8 million after-tax for the previously announced shutdown of the Pocatello phosphorus facility and other business restructuring. reported after-tax loss per share on a fully diluted basis for the fourth quarter of 2001 was ($1.04).
January 31, 2002 FMC Corporation (NYSE: FMC) today reported fourth quarter 2001 after-tax income from continuing operations of $0.75 per share on a fully diluted basis and before special items, compared with $0.84 per share on a pro forma basis for the year earlier period. Sales and after-tax income from continuing operations were $489.8 million and $24.1 million respectively versus $467.0 million and $26.9 million on a pro forma basis for the same period last year. These results excluded special items of $59.8 million after-tax for the previously announced shutdown of the Pocatello phosphorus facility and other business restructuring. reported after-tax loss per share on a fully diluted basis for the fourth quarter of 2001 was ($1.04).
January 15, 2002 FMC BioPolymer (NYSE: FMC), a leading producer of naturally- derived polymers used in the healthcare, food and specialty markets, today announced the acquisition of the business of Norway-based Pronova Biomedical AS, a leading supplier of ultra-pure alginates and chitosans to the pharmaceutical and medical materials markets, from a subsidiary of Norsk Hydro ASA. FMC BioPolymer is a worldwide leader in the production of alginates, carrageenans and cellulosics. This acquisition, complements FMC BioPolymer’s current businesses and accelerates the offerings of specialized, formulated ingredients to the rapidly growing biotechnology, medical device and medical materials industries.
January 2, 2002 Board of Directors Elected
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