Welcome to our dedicated page for Fmc news (Ticker: FMC), a resource for investors and traders seeking the latest updates and insights on Fmc stock.
FMC Corporation (NYSE: FMC) is a global agricultural sciences company focused on crop protection solutions, including biologicals, crop nutrition, and digital and precision agriculture. The FMC news feed on Stock Titan aggregates company-issued press releases and other coverage so readers can follow how this agricultural chemical manufacturer communicates its strategy, performance and product developments over time.
FMC regularly publishes earnings announcements and financial updates, including quarterly results, adjusted EBITDA and adjusted earnings per share metrics, along with commentary on regional performance in North America, Latin America, Asia and EMEA. The company also announces the timing of upcoming earnings releases and webcast conference calls, providing details for internet broadcasts and telephone access, as well as replay information.
Investors can track dividend declarations and changes to the dividend policy through FMC’s news releases, which have included both regular quarterly dividend announcements and a reduction in the quarterly dividend as part of a broader emphasis on debt reduction. The news flow also covers strategic and operational updates, such as the intention to divest the India commercial business, restructuring and cost actions, and initiatives like Project Foundation that are designed to reshape the manufacturing footprint and cost structure.
Product- and technology-related news is another key element of FMC’s disclosures. The company has reported regulatory registrations for products such as Fundatis herbicide powered by Isoflex active in Great Britain, and has highlighted the role of new active ingredients and biologicals in its growth portfolio and Plant Health business. Updates on registrations, launches and regional commercialization provide insight into FMC’s pipeline and portfolio evolution.
FMC’s news also includes leadership and governance updates, such as changes in executive roles and Board composition, and announcements that senior executives will speak at investor conferences hosted by firms like Goldman Sachs and Jefferies. For investors, analysts and others following the agricultural sciences sector, the FMC news page offers a centralized view of how the company reports its financial performance, portfolio developments and corporate actions.
FMC Corporation (NYSE: FMC) has successfully finalized its acquisition of BioPhero ApS, a Denmark-based pheromone research and production firm. The acquisition agreement was announced on June 29, 2022, and all regulatory approvals have now been satisfied. This strategic move is expected to enhance FMC's capabilities in innovative crop protection solutions, which are crucial for addressing the needs of growers worldwide amidst changing environmental challenges.
FMC Corporation (NYSE: FMC) has declared a quarterly dividend of 53 cents per share, scheduled for payment on October 20, 2022. Shareholders on record as of the close of business on September 30, 2022 will receive this dividend. FMC is committed to providing innovative agricultural solutions to meet the needs of an expanding population while focusing on environmental sustainability. The company employs around 6,400 individuals globally and is dedicated to developing effective crop protection products.
FMC Corporation (NYSE: FMC) has announced a definitive agreement to acquire Denmark-based BioPhero ApS for approximately $200 million. This acquisition adds advanced pheromone technology to FMC's product portfolio, with expectations of generating around $1 billion in revenue from pheromone products by 2030. BioPhero's innovative fermentation process lowers production costs, expanding market accessibility beyond specialty crops. FMC aims to launch five new pheromone products within the next three to five years, reinforcing its commitment to sustainable agriculture.
FMC Corporation has introduced a new brand identity for its Plant Health business, emphasizing its growth in the biologicals sector.
This year, FMC will launch two new products: Zironar™ biofungicide/bionematicide in the U.S. and Provilar™ biofungicide in Brazil, aimed at enhancing crop protection and yield.
FMC's biologicals platform includes over 50 products, supported by substantial R&D investments. The company anticipates launching four new biopesticides globally over the next four years, reinforcing its commitment to sustainable agriculture.
FMC Corporation (NYSE: FMC) will release its second quarter 2022 earnings on August 2, 2022, after market close. The results will be available through PR Newswire and on the company's website. A webcast conference call is scheduled for August 3, 2022, at 9:00 a.m. ET. The call can be accessed via internet and telephone for public participation. Additionally, a replay will be available from August 3, 2022, to August 24, 2022. The company focuses on agricultural sciences and innovative crop protection solutions.
FMC Corporation (NYSE: FMC) has been awarded the Responsible Care Company of the Year by the American Chemistry Council (ACC), marking the fourth time since 2017 it has received this honor. The award recognizes FMC's exceptional performance in environmental, health, safety, and security (EHS&S). The company achieved a record-low recordable injury rate of 0.066 in 2021, reflecting its strong safety culture. FMC has committed to net-zero greenhouse gas emissions by 2035, emphasizing sustainability in its operations and community responsibility.
FMC Corporation has been awarded the Best Biostimulant Product at the 2022 World BioProtection Awards for its Accudo® biostimulant. This accolade, presented at the World BioProtection Summit in Birmingham, UK, highlights the biostimulant's significant advantages in crop protection. Accudo® has shown a yield increase of over 15% and improves crop vigor and development, especially under stressful conditions. Available in South Korea, Greece, Turkey, and Germany, this recognition underscores FMC's commitment to innovative agricultural solutions.
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FMC Corporation (NYSE: FMC) has announced the departure of Bethwyn Todd, president of FMC Asia Pacific, due to health reasons. Pramod Thota, former president of FMC U.S.A., will succeed her as president of the Asia Pacific region, effective July 1. During her tenure, Todd significantly increased revenue, market share, and profitability in the Asia Pacific. Thota brings extensive experience from his roles at FMC, including leadership in FMC India. The leadership transition aims to ensure continuity and leverage Thota's insights in this rapidly growing market.
FMC Corporation (NYSE: FMC) announced a significant legal victory on May 10, 2022, as the Ningbo Intermediate People's Court in Zhejiang Province, China, granted a preliminary injunction against Zhejiang Yongtai Technology Co. Ltd. This injunction prevents Yongtai from selling chlorantraniliprole, FMC's flagship insecticide, until the patent expires. This ruling is notable as it marks one of the rare instances of pre-suit injunctions being issued under China Patent Law. FMC emphasizes the importance of intellectual property in fostering innovation in the Chinese market.
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