Chemical maker FMC splits farm business and mineral unit
date:Mar 11, 2014
will hold the company's soda ash and lithium businesses, are expected to rise 19 percent to $153 million, based on the midpoint of FMC's 2014 outlook. Revenue is expected to grow 7 percent to $1.0 billion.

Demand for soda ash, which FMC makes for a number of industrial customers, has been cyclical due to an uneven global economic recovery.

But FMC is upbeat about its lithium business, which makes chemicals used in electric car batteries.

The largest upside to our growth expectation would com
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