Chemical maker FMC splits farm business and mineral unit
date:Mar 11, 2014
ngs in commodity prices.

Dow is facing pressure from activist shareholder Daniel Loeb to spin off its slow-growing petrochemical businesses. DuPont said in July that it would sell its once-lucrative paints business, a few days after it was reported that investor Nelson Peltz had taken a stake.

FMC's Chief Financial Officer Paul Graves told Reuters that the company's decision to split its businesses was taken by the board and not forced by anybody.

The minerals business is a more cyclical busi
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