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Last updated on April 19, 2014 at 1:20 EDT

FMC Increases Soda Ash Prices

June 17, 2013

PHILADELPHIA, June 17, 2013 /PRNewswire/ — FMC Wyoming Corporation announced today that effective July 1, 2013, or as contract terms permit, it will increase off-list soda ash prices by $15.00/short ton for all grades of soda ash. The increase applies to both bulk and packaged products.

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This increase is necessary to recover cost increases and to support continued investment in the business. List prices will remain unchanged as stated below:

       Bulk Soda Ash
         List Prices

        ($/Ton, FOB
         Westvaco or
          Granger,
          Wyoming)     Dense    Grade 100(TM)      AbsorptaPlus(TM)
        ------------   -----     ------------       ---------------

        Railcar and
        Hopper Truck     275.00             280.00                  290.00
        ------------     ------             ------                  ------

     Packaged Soda Ash
         List Prices

        ($/Ton, FOB
          Westvaco,
          Wyoming)     Dense     Grade100(TM)
        -----------    -----     ------------

           50 lb.        340.00             345.00
           ------        ------             ------

          2000 lb.       330.00             335.00
          --------       ------             ------

FMC Wyoming Corporation’s current energy surcharge and freight policies for soda ash will remain in effect. The energy surcharge base cost will remain $7.00/mmBTU.

FMC Wyoming Corporation is a subsidiary of FMC Corporation (NYSE:FMC). FMC Corporation is a diversified chemical company serving agricultural, industrial, environmental, and consumer markets globally for more than a century with innovative solutions, applications and quality products. In 2012, FMC had annual sales of approximately $3.7 billion. The company employs approximately 5,700 people throughout the world, and operates its businesses in four segments: FMC Agricultural Solutions, FMC Health and Nutrition, FMC Minerals and FMC Peroxygens. For more information, visit www.FMC.com.

Safe Harbor Statement under the 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 2012 Form 10-K and other SEC filings. Such information contained herein represents 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.

SOURCE FMC


Source: PR Newswire