FMC Increases Soda Ash Prices in South Africa
PHILADELPHIA, April 15, 2011 /PRNewswire/ — FMC Wyoming Corporation announced today that effective immediately, or as contract terms permit, it will increase the price of its Grade 260 “dense” soda ash sold to South African customers by $30 per metric ton and will increase the price of its Grade 100 “light” soda ash sold to South African customers by $50 per metric ton. This increase is necessary for FMC to recover increasing costs and continue to invest in its operations as the global demand for soda ash increases.
FMC Wyoming Corporation is a subsidiary of FMC Corporation (NYSE: FMC). 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 4,900 people throughout the world. The company 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 2010 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.
SOURCE FMC Corporation