Posted on Thu, Jun. 26, 2008
1735 Market St., Philadelphia
www.fmc.com
215-299-6000
Founded 1884
NYSE: FMC
Chairman/President/CEO: William G. Walter
Market cap: $5.49 billion *
Stock-div return one year: 48.3 percent **
A chemical-maker, FMC's crop protection, pest control, and lawn and garden products are sold worldwide. It makes herbicides to protect various crops, turf, and roadsides from weed growth. Its microcrystalline cellulose is used as a drug dry-tablet binder, its carrageenan for thickening and stabilizing food products, and its lithium for batteries, greases and lubricants.
The Chatter: Soda ash, a key ingredient in everything from glass to detergent to agriculture, has gotten pricier as demand soars around the world. And FMC, a big supplier, has thrived.
* As of June 2, 2008
** As of March 31, 2008