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FMC Launches New Agricultural Commercial Operations in Argentina, Exits Joint Venture with Ruralco

Oct 13, 2016

PHILADELPHIA, October 13, 2016 – FMC Corporation (NYSE:FMC) announced today that it has exited its joint venture with Ruralco Soluciones S.A. FMC has launched new commercial operations, FMC Quimica S.A., for the company’s Agricultural Solutions business in Argentina.

FMC’s entire product portfolio of crop protection and plant health products will be sold directly through dealers. The company also will maintain relationships with traditional local and multinational distributors.

“FMC Quimica will facilitate our integration of the FMC and Cheminova product portfolios in Argentina. Furthermore, our transition to direct market access reflects the continued evolution and growth of FMC’s business in this market and will facilitate our ability to offer customers FMC’s broader product portfolio and new products from our strong innovation pipeline in the coming years, ” said Luiz Micelli, Latin America South business director, FMC Agricultural Solutions.

“Our five-year joint venture with Ruralco was very successful and we look forward to a new business relationship with them in this important agricultural country.

Financial terms of the transaction were not disclosed.

About FMC
For more than a century, FMC Corporation has served the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products. FMC acquired Cheminova in April 2015. Revenue totaled approximately $3.3 billion in 2015. FMC employs approximately 6,000 people throughout the world and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. For more information, visit www.FMC.com.

Media contact: Jim Fitzwater +1.215.299.6633
james.fitzwater@fmc.com

Investor contact: Michael Wherley +1.215.299.6543
michael.wherley@fmc.com

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