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FMC Corporation is a global agricultural sciences company dedicated to assisting growers in producing food, feed, fiber, and fuel while adapting to environmental changes. The company operates in a single business segment, focusing on the development, marketing, and sale of crop protection chemicals, including insecticides, herbicides, and fungicides, as well as biologicals, crop nutrition, and seed treatment products, collectively known as plant health . FMC's portfolio is primarily composed of insecticides and herbicides, with a smaller but growing segment of fungicides and plant health products, which are used to enhance crop yield and quality by controlling pests, weeds, and diseases . The company also invests in innovative technologies and new product formulations to maintain its competitive edge in the agrochemical industry .
- Insecticides - Develops and markets chemicals that protect crops by controlling insect pests, contributing significantly to the company's revenue.
- Herbicides - Offers solutions for weed control, helping to improve crop yield and quality by eliminating unwanted vegetation.
- Fungicides - Provides products that prevent and control fungal diseases, ensuring healthier crops and better yields.
- Plant Health Products - Includes biologicals, crop nutrition, and seed treatment products aimed at enhancing overall plant health and productivity.
- Given that you were late in adjusting pricing in Latin America and may have lost market share to competitors, how do you plan to regain this market share while maintaining profitability in such a challenging pricing environment?
- With Rynaxypyr experiencing low single-digit global declines driven by challenges in Asia, what specific strategies are you implementing to reverse this trend and drive growth for this key product?
- You mentioned potential challenges with pricing in 2025 but have not made specific assumptions yet; how do you plan to mitigate the risk of price erosion impacting your target of 6% revenue growth next year?
- Following the bankruptcy of a large distributor in Latin America, how does this affect your distribution strategy in the region, and what measures are you taking to reduce similar risks in the future?
- With uncertainties surrounding diamide sales in 2025 due to ongoing negotiations and market conditions, how confident are you in meeting your earnings growth projections, and what contingencies are in place if diamide growth underperforms?
Recent developments and announcements about FMC.
Corporate Leadership
Board Change
Anthony DiSilvestro has been elected as a director of the FMC Corporation's Board of Directors, effective December 12, 2024. He will serve on the Audit Committee and the Compensation and Human Capital Committee .
Leadership Change
Pierre R. Brondeau is leaving his position as Chairman and Chief Executive Officer of FMC Corporation. The departure is part of an executive severance plan adopted by the company's Compensation Committee. Andrew D. Sandifer will remain as Executive Vice President and Chief Financial Officer, with his existing severance agreement still in effect. The plan includes severance benefits for executives terminated without cause or for good reason, with different terms depending on whether the termination occurs during a change in control period .