FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide. The company operates through three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The FMC Agricultural Solutions segment develops, manufactures, and sells crop protection chemicals, such as insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The FMC Health and Nutrition segment offers microcrystalline cellulose for use in drug dry tablet binders and disintegrants, and food ingredients; carrageenan for use in food ingredients for thickening and stabilizing, pharmaceutical, and nutraceutical encapsulates; alginates for food ingredients, pharmaceutical excipients, healthcare, and industrial uses; natural colorants for use in foods, pharmaceutical, and cosmetics; and omega-3 EPA/DHA for nutraceutical and pharmaceutical uses. The FMC Lithium segment offers lithium for use in batteries, polymers, pharmaceuticals, greases and lubricants, glass and ceramics, and other industrial uses. FMC Corporation was founded in 1884 and is headquartered in Philadelphia, Pennsylvania.
FMC's stock soars after DuPont deal, on track for best day in over 8 years Shares of FMC Corp. FMC, +15.14% soared 11% toward a near 3-year high in premarket trade Friday, after the agricultural company announced a deal to buy a part of DuPont & Co.'s DD, -0.86% crop protection business. The stock is on track to open at the highest level since July 2014, and on pace to post the biggest one-day percentage gain since November 2008. FMC said the deal with DuPont, which includes FMC paying $1.2 billion and swapping its health and nutrition business, will make it the fifth-largest crop protection company in the world. FMC's stock has rallied 8.7% year to date through Thursday and 52% over the past 12 months, while the S&P 500 SPX, -0.15% has gained 15% over the past year.
