FMC rumoured to be in final talks on soda ash sale
Published: Thursday, 29 January 2015
FMC is one of the world’s leading suppliers of soda ash and last year posted good results on the back of positive optimisation and higher sales in this sector. All eyes will be peeled this week to see if the sale of the unit will be adding to the capacity of one of its competitors, or be managed by a private equity firm new to the industry.
US-based soda ash and lithium producer FMC Corp. is rumoured
to be going through final offers for its soda ash business this
week, after holding talks with its US-based competitors and
private equity firms.
FMC CFO Paul Graves said in a conference call in October
that the company was looking...