PHILADELPHIA, October 1, 2008 – FMC Corporation (NYSE: FMC) announced today that it will increase, effective November 1, 2008 or as contract terms permit, off-list prices for feed grade sodium bicarbonate by $50/ton and off-list prices for S-Carb® purified sodium sesquicarbonate by $40/ton. Pricing for all animal nutrition customers is quoted on an FOB Westvaco, Wyo., basis. All other contract terms will remain unchanged.
“This increase is necessary to offset significant increases in raw material and energy costs and to allow continued investment in production reliability,” said Wendy Plocher, animal nutrition industry manager, FMC Industrial Chemicals. “FMC remains strongly committed to being a reliable supplier of quality products to the animal nutrition industry.”
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 approximately 5,000 people throughout the world and operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.
Safe Harbor Statement under Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation’s 2007 Form 10-K and other SEC filings. Such information contained herein represents FMC management’s best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.
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