FMC Increases Soda Ash Prices
PHILADELPHIA, June 3, 2011 /PRNewswire/ -- FMC Wyoming Corporation announced today that effective July 1, 2011, or as contract terms permit, it will increase off-list soda ash prices by $20.00/short ton for all grades of soda ash. The increase applies to both bulk and packaged products.
This increase is necessary to recover cost increases and to support continued investment in the business. List prices will remain unchanged as stated below:
Bulk Soda Ash List Prices
($/Ton, FOB Westvaco or Granger, Wyoming)
Railcar and Hopper Truck
Packaged Soda Ash List Prices
($/Ton, FOB Westvaco, Wyoming)
FMC Wyoming Corporation's current energy surcharge and freight policies for soda ash will remain in effect indefinitely. The energy surcharge base cost will remain $7.00/mmBTU.
FMC Wyoming Corporation is a subsidiary of FMC Corporation (NYSE: FMC). FMC Corporation is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. The company employs approximately 4,900 people throughout the world. The company operates its businesses in three segments: Agricultural Products, Specialty Chemicals, and Industrial Chemicals.
Safe Harbor Statement under Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2010 Form 10-K and other SEC filings. Such information contained herein represents FMC management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.
SOURCE FMC Corporation