FMC posts 27% increase in profit on higher selling prices

By Jack Elliott, Siobhan Lismore-Scott
Published: Tuesday, 01 May 2012

Sales drop in lithium segment on the back of plant downtimes

Global lithium and soda ash giant FMC Corp. today posted a 27% increase in net profit year on year for the first quarter of 2012, to $119m, due to higher selling prices across its segments.

The company pointed to a strong performance in its Agricultural Products segment and higher selling...

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