FMC lithium segment continues to outperform

By Kasia Patel
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, Pierre Brondeau,...

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