Skip to main content
Click to open menu
Click to close menu
Begin main content

FMC Corporation awarded increased damages arising from patent infringement in China

Submitted by Nicole Canning on

FMC Corporation, an agricultural sciences company, announced that the Supreme Court of China (SPC) has ordered several agrichemical manufacturers in China found guilty of patent infringement to pay FMC close to USD 1 million in damages as a result of FMC's appeal. The amount is among the highest damages awarded in patent infringement suits in China’s pesticide industry in recent times.

FMC Corporation announces date of 2024 annual meeting of stockholders

Submitted by Nicole Canning on

FMC Corporation (NYSE: FMC) announced today that its 2024 annual meeting of stockholders will be held via live webcast on Tuesday, April 30, 2024, at 2:00 p.m. ET. Instructions for accessing the webcast will be available on the company's Investor Relations website, located at https://investors.fmc.com.

FMC Corporation board elects Patrick Day as vice president

Submitted by amie.leopold on

FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced that its board of directors has elected Patrick (Pat) Day as vice president, Financial Planning & Analysis (FP&A), effective January 1, 2024.  He will join the company's senior management Operating Committee and will continue to report to Andrew Sandifer, executive vice president and CFO.

FMC Announces 2024 New Investigator Award Winners

Submitted by Nicole Canning on

FMC Corporation today announced the winners of the 2024 FMC New Investigator Award. These awards recognize outstanding early career professors impacting fields of science aligned with FMC's research. The awardees were selected by an interdisciplinary committee of scientists from FMC's R&D organization and will receive an unrestricted $50,000 research grant.

FMC Corporation named one of America’s Most Responsible Companies for third consecutive year

Submitted by amie.leopold on

FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, was recently recognized for its excellence in Environment, Social and Corporate Governance (ESG), ranking among the top U.S. companies on Newsweek's 2024 Most Responsible Companies list for the third consecutive year. The company jumped an impressive 75 spots to rank 60 out of a total of 600 companies. FMC is ranked 8 in the Materials and Chemicals industry and is the only crop protection company to make the list.

FMC Corporation outlines new strategic growth plan

Submitted by Nicole Canning on
  • Provides preliminary 2024 outlook1 including revenue of $4.65 billion to $4.85 billion, adjusted EBITDA of $1.025 billion to $1.125 billion and free cash flow conversion of greater than 100 percent
  • Initiates three-year rolling financial goals with 2026 revenue expected to be $5.5 billion to $6.0 billion and adjusted EBITDA of $1.3 billion to $1.5 billion

FMC Corporation finalizes amendment to credit agreement

Submitted by Nicole Canning on

FMC Corporation (NYSE:FMC) today finalized an expected amendment to its existing revolving credit agreement.  The amendment raises the maximum leverage ratio covenant to 6.5 times immediately through June 30, 2024, after which the maximum leverage ratio will step down in increments to 3.75 times at September 30, 2025 and remain at that level thereafter.  The interest coverage ratio covenant was similarly adjusted over this time period. 

Subscribe to