FMC Corporation Completes Acquisition of Hydrocolloid Ingredients Business From International Specialty Products
PHILADELPHIA, Aug. 18 /PRNewswire-FirstCall/ — FMC Corporation announced today the company has completed the acquisition of the hydrocolloid ingredients business of International Specialty Products (ISP). Terms of the acquisition were not disclosed. ISP’s hydrocolloid ingredients business had revenues of approximately $80 million in 2007.
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. The company operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.
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 2007 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.
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