FMC lithium segment continues to outperform
Published: Friday, 04 November 2016
The company reported a huge increase in net income for the third quarter as its lithium segment remains strong. Disappointing results from other segments however pulled revenue down on a year-on-year basis.
US chemicals producer FMC Corp. has reported net income of
$79.6m for the third quarter of 2016 as the
company’s agricultural solutions segment performed
well while its lithium business exceeded expectations.
"Lithium outperformed, increasing earnings by $16m compared
to the prior year quarter," the company’s CEO,