Marks FMC’s Entry into Pectin Market

PHILADELPHIA, August 1, 2012 – FMC Corporation (NYSE:FMC) announced today the company has entered into a definitive agreement to acquire the business assets of Pectine Italia S.p.A., a leading Italian-based manufacturer of pectin for the food ingredients market.  The acquisition marks FMC’s entry into the pectin market, expanding the company’s industry-leading portfolio of hydrocolloid texturants and stabilizers. 

“This acquisition continues our strategic expansion into the high-growth, natural-based food ingredients market,” said Michael Wilson, president, FMC Specialty Chemicals.  “With our recent acquisitions of two natural food colors businesses, our entry into pectin underscores our commitment to broaden FMC’s portfolio of innovative food ingredients.  It also represents another important step in our Vision 2015 growth journey.”

Pectine Italia produces pectin, a well known stabilizer and thickening agent used widely in many foods and derived predominately from lemon peels.  The company has production facilities in Milazzo, on the island of Sicily.  The acquisition provides FMC with high quality pectin manufacturing capabilities, strategically located near important raw materials sources.  The business will become a part of FMC BioPolymer, a business unit of FMC Corporation.