FMC Wyoming Corporation announced today that it will restart its Granger production facility by July 1, 2011, in response to strong export demand for soda ash.
FMC Wyoming Corporation announced today that it
will restart its Granger production facility by July 1, 2011, in response to
strong export demand for soda ash.
FMC temporarily suspended production at the Granger facility in 2009 due to
reduced export demand caused by the global economic downturn. Since then, U.S.
export markets have recovered much faster than the U.S. domestic market. In
fact, FMC expects U.S. export statistics to show record soda ash exports in
2010.
"We expect the global demand for U.S. soda ash to continue to increase for the
foreseeable future," said Ed Flynn, FMC Wyoming Corporation president. "The
solution mining technology that FMC uses at Granger will allow FMC to cost
effectively increase capacity in increments to meet export demand."
Granger has a 1.3-million-tonne annual nameplate capacity. FMC will restart
Granger production at a rate of 500,000 tonnes per year by July 1, 2011, to
satisfy the current demand level for U.S. soda ash exports. FMC plans to
evaluate further production increases at its Granger facility during the year.
The restart of the facility is expected to increase employment at FMC's Wyoming
production facilities by approximately 80 people.
FMC Wyoming Corporation is a subsidiary of FMC Corporation (NYSE: FMC). FMC
Corporation is a diversified chemical company serving agricultural, industrial
and consumer markets globally for more than a century with innovative solutions,
applications and quality products. The company employs approximately 4,800
people throughout the world. The company operates its businesses in three
segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.
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