| Market Capitalization (Millions $) |
4,444 |
| Shares
Outstanding (Millions) |
125 |
| Employees |
6,600 |
| Revenues (TTM) (Millions $) |
4,246 |
| Net Income (TTM) (Millions $) |
342 |
| Cash Flow (TTM) (Millions $) |
55 |
| Capital Exp. (TTM) (Millions $) |
68 |
Fmc Corporation
FMC Corporation is a diversified, global chemical company that provides innovative solutions, applications, and leading products across a variety of markets. The company operates through three distinct business segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals.
Agricultural Products
The Agricultural Products segment specializes in the development, manufacture, and sale of crop protection products, including insecticides, herbicides, fungicides, and professional pest control products. FMC focuses on creating environmentally compatible solutions that can effectively enhance crop yield and quality. A significant part of their innovation and growth strategy is directed toward developing cost-effective alternatives to older chemistries, particularly as insects and weeds have developed resistances to conventional pesticides. This segment also works on lawn and garden products, catering to both agricultural and non-agricultural markets.
Specialty Chemicals
FMCs Specialty Chemicals segment encompasses a range of high-performance food ingredients, pharmaceutical excipients, encapsulants, and lithium specialty products. This segment is characterized by solid demand from non-cyclical end markets. The products developed here include Biopolymers that play critical roles in medical devices, as well as specialty lithium products that are significant for pharmaceutical synthesis, energy storage, and advanced polymers. FMC competes on the basis of product differentiation, market expertise, and customer service in this space.
Industrial Chemicals
FMC's Industrial Chemicals segment focuses on inorganics, manufacturing a wide array of products such as soda ash, hydrogen peroxide, and specialty peroxygens along with phosphorus chemicals. The segment holds a low-cost position in the high-volume inorganic chemical markets, while also maintaining niche positions in higher-value markets. Their products find applications in various industries, including glass manufacturing, detergents, and pulp and paper, alongside specialized and customer-specific applications in the market.
Competition
FMC Corporation holds a competitive stance in many of its product lines, often ranking as either the number one or number two provider globally or within North America. The Agricultural Products segment operates in the global chemical crop protection market, where it faces fierce competition from other large players as well as numerous regional competitors. The specialty chemicals market is also competitive, with FMC competing against both direct suppliers in various categories such as cellulose and seaweed extracts.
In the Industrial Chemicals segment, FMC maintains significant relationships and market shares, particularly in the North American soda ash and peroxygens markets. The company's soda ash competes against both other domestic producers and synthetic alternatives globally. Its peroxygen products also face competition primarily from five other firms in North America.
Summary
FMC Corporation is well-positioned within its industry sectors through a mix of innovation, strategic alliances, and a focus on environmentally responsible practices. Each segment operates with a commitment to enhancing performance, expanding market access, and producing high-quality products. As a competitive manufacturer in the global chemical industry, FMC continues to adapt to market demands and challenges, focusing on advancing their technological capabilities and maintaining strong customer relationships.
Company Address: 2929 Walnut Street Philadelphia 19104 PA
Company Phone Number: 299-6000 Stock Exchange / Ticker: NYSE FMC
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