FMC Corporation (NYSE: FMC) Sets 2H2018 Goal for Planned IPO of Lithium Business

June 5, 2018 12:17:17
  • Pierre Brondeau, CEO, chairman and president of FMC, predicts that global lithium demand will rise fivefold by 2025
  • Bloomberg sees IPO as first major lithium pure play in the U.S.
  • FMC plans IPO for up to 20 percent of its lithium assets, would then provide remaining shares to company investors

FMC Corporation’s (NYSE: FMC) planned 2H2018 IPO for its lithium business is being closely watched as a pure play that will help value the metal on the market ( FMC has announced the IPO for a percentage of up to 20 percent of its lithium assets, with Pierre Brondeau, CEO, chairman and president of FMC, also serving as chairman of the new publicly listed company (

Philadelphia-based FMC is a global agricultural, industrial and consumer company operating its business in two parts: FMC Agricultural Solutions and FMC Lithium. Its lithium products are used in…

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