FMC Investor Relations Material

FMC Corporation is an American global chemical manufacturing company. It primarily specializes in the production of agricultural chemicals, particularly those used for crop protection, and its product range includes insecticides, herbicides, and fungicides. Additionally, the company is involved in the health and nutrition sector, producing ingredients used in pharmaceuticals, food, and beverages. The company is headquartered in Philadelphia, Pennsylvania, and its shares are listed on the NYSE.

FMC has its roots in the California chemical industry. It was initially established as The Bean Spray Pump Company in 1883 in Los Gatos, California, by John Bean. The company's focus at this time was on producing insecticide sprayers. The company expanded and diversified over the early 20th century and a 1928 merger formed Food Machinery Corporation (FMC).

In the 1960s and 1970s, FMC further expanded its chemical operations, becoming a major producer of hydrogen peroxide, soda ash, and specialty chemicals. In the late 20th and early 21st centuries, FMC underwent several restructurings to focus on its core chemical businesses. This included the spin-off of its machinery and equipment divisions and the sale of its defense business.

FMC today operates as a chemical manufacturer with a primary focus on agricultural solutions. This division develops, markets, and sells all three major classes of crop protection chemicals: insecticides, herbicides, and fungicides. These products are crucial for managing pest infestations, diseases, and weed control, thereby assisting farmers around the world in maximizing crop yields and quality while protecting them from various natural threats. FMC places a large focus on R&D, including the development of proprietary active ingredients and formulation technologies. Some other chemical companies offering products for similar applications include BASF, Bayer, and Nufarm.

FMC operates on a global scale, serving agricultural markets in over 100 countries. Its products, diverse agricultural chemicals for a wide range of climatic conditions, crop types, and farming practices enable the company to have business in all corners of the world. This global presence is supported by a network of manufacturing and research facilities strategically located around the world, enabling FMC to efficiently serve different markets.