FMC
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Some of the interest has come from private equity, Brondeau says, and most of the interest is focused around the opportunities of FMC’s pipeline of new products rather than concerns about the expiration of the patent for its Rynaxypyr product.
He adds that FMC’s exposure to the war is roughly the same as other agrochemical businesses.
Find insight on FMC, the agricultural chemical industry and more in the latest Market Talks covering Basic Materials.
Find insight on FMC, the agricultural chemical industry and more in the latest Market Talks covering Basic Materials.
FMC’s efforts to pay back $1 billion in debt is unlikely to lower leverage below 3.5x without progress in sales and profitability, Moody’s says.
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