Industrial Minerals


FMC profits rise 34% in Q4

05 February 2010

by Mark Watts

US group improves but soda ash and lithium businesses declined year on year

Keywords: FMC, soda ash, lithium, sodium bocarbonate, phosphates

US soda ash and lithium producer, FMC Corp., reported a 34% year on year increase in Q4 net profits to $62.1m., despite a 2% drop in revenue to $722.1m.

 

The diverse Philadelphia-based company, which also produces agricultural chemicals, said reduced profit in the...