FMC Corp to raise soda ash price

FMC Wyoming Corp. announced that effective immediately or as contract terms permit, it intends to increase off-list prices on all grades of soda ash by US$ 7/short ton, not to exceed current list pric…

FMC Wyoming Corp. announced that effective immediately or as contract terms permit, it intends to increase off-list prices on all grades of soda ash by US$ 7/short ton, not to exceed current list price. This increase applies to both bulk and bagged soda ash. Additionally, the list price of packaged products will increase by US$ 7/ton. Prices also apply to products sold through trans-loaders, distribution centres and warehouses. Soda ash is undervalued and current price levels do not support FMC“s significant investment in its soda ash business nor do they reflect recovery of higher costs for power, natural gas and insurance. FMC Wyoming Corp is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products.