Navigation Links
FMC Corporation Acquires Phytone, Ltd., a Leading European Natural Colors Business
Date:6/13/2012

PHILADELPHIA, June 13, 2012 /PRNewswire/ -- FMC Corporation (NYSE: FMC) announced today the acquisition of Phytone Ltd., a leading natural colors producer based in the United Kingdom.  Phytone's natural products and formulations are used by global customers in the food, beverage, personal care and nutrition sectors.

(Logo: http://photos.prnewswire.com/prnh/20111101/NE97440LOGO )

"This acquisition underscores our commitment to grow FMC's new natural colors portfolio, and represents another important step in our Vision 2015 growth strategy," said Pierre Brondeau, president, CEO and chairman, FMC Corporation.  "We expect the high-growth, natural colors market to reach well over $1 billion by 2015.  The addition of Phytone's unique color technology, coupled with our acquisition last year of Chilean-based South Pole Biogroup, greatly strengthens our position in this exciting market."

There is a growing demand from consumers that favor natural ingredients from renewable and sustainable sources, according to Mike Smith, division manager, FMC BioPolymer.  Consumer product goods companies are seeking reliable sources of natural ingredients with consistent functionality, including natural colors, to meet their product development needs. 

"Phytone further expands FMC's natural colors capabilities and augments FMC BioPolymer's industry leading, naturally sourced specialty ingredients that are used across food, pharmaceutical and personal care markets for texture, binding, stabilization and appearance," said Smith.

"We're excited to welcome Phytone to FMC," said Smith.  "The company brings more than 20 years of leadership and deep experience in the natural colors and nutraceuticals industry, and will extend FMC's natural color formulation and processing capabilities.  Furthermore, Phytone is ideally situated in the United Kingdom, which will enhance our service to European color customers."

Phytone's manufacturing, development labs and headquarters office are located in Staffordshire, U.K.  Terms of the transaction were not disclosed. 

About FMC Corporation
FMC Corporation is a diversified chemical company serving agricultural, industrial, environmental and consumer markets globally for more than a century with innovative solutions, applications and quality products.  In 2011, FMC had annual sales of approximately $3.4 billion.  The company employs approximately 5,000 people throughout the world, and operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.  For more information, visit www.FMC.com

Safe Harbor Statement under the 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 2011 Form 10-K and other SEC filings.  Such information contained herein represents 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
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Volcano Corporation Presentation at Wells Fargo Conference to be Webcast
2. Centene Corporation Selected for Ohio Medicaid Contract
3. Premier healthcare alliance honors Atrium Medical Corporation for operational excellence
4. Ivera Medical Corporation Denies Patent Infringement Allegations
5. Comprehensive Care Corporation Implements Steps to Increase Margins and Sustain Profitability
6. Volcano Corporation Presentation At Jefferies Conference To Be Webcast
7. With Busy Summer Forecast Ahead, More Hotels Are Raising Hygiene Standards, Says UMF Corporation
8. Dave Zitnak Of Upsher-Smith Laboratories Named Branded Representative Of The Year By McKesson Corporation
9. Comprehensive Care Corporation Announces Profit for First Quarter
10. Pharmos Corporation Announces Successful Completion Of Proof-of-concept Clinical Trial Of Levotofisopam For The Treatment Of Gout
11. Henry Schein Ranks #303 In 2012 FORTUNE 500® Ranking Of Americas Largest Corporations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/8/2016)... AMSTERDAM , December 8, 2016 Information ... TM metrics in Scopus , the world,s largest ... free access to comprehensive metrics for journals from over 5,000 publishers. ... publish, which journals to subscribe to and when to adjust a ... , , ...
(Date:12/8/2016)... 2016 According to the research report, ... is expected to be worth US$9.7 bn by the ... Between the forecast years of 2016 and 2024, the global ... The leading players operating in the global diabetes injection pens ... plc., Biocon Ltd., and Sanofi S.A. Transparency Market Research reports ...
(Date:12/8/2016)... 2016 According to a new market research report ... Therapeutic (Pain, Insulin)), End Use (Sports, Fitness, RPM), Type (Smart watch, Patch), ... global market, in terms of value, is projected to reach 12.14 Billion ... 18.0% during the forecast period. Continue Reading ... ...
Breaking Medicine Technology:
(Date:12/8/2016)... ... 2016 , ... David J. Dykeman , Ginger Pigott , and ... speak at DeviceTalks West, Dec. 12, 2016, at the Fairmont Newport Beach in California. ... firm’s global Life Sciences & Medical Technology Group have been featured speakers at every ...
(Date:12/8/2016)... Tampa, Fla (PRWEB) , ... December 08, 2016 ... ... offering smarter modes of access for customers and employees that are both engaging ... ChangeGear 7 with Service Smart Technology, the software company revealed today its plans ...
(Date:12/8/2016)... ... 2016 , ... Catalent Pharma Solutions, the leading global provider ... products, today announced that it had joined the Pharmaceutical Supply Chain Initiative (PSCI). ... unite pharmaceutical and healthcare companies that share a vision of better, social, environmental ...
(Date:12/8/2016)... ... December 08, 2016 , ... STAT courier is pleased ... a convenient service for Texas, they are expanding their presence in Dallas. One of ... spree that will bring new jobs to the Dallas and Forth Worth market. STAT ...
(Date:12/8/2016)... ... December 08, 2016 , ... Today’s patients are encouraged to ... mind, SIGVARIS has created a new line of anti-embolism stockings to help prevent ... the benefits of graduated compression when transitioning from recovery to early rehabilitation. , ...
Breaking Medicine News(10 mins):