FMC rebrands lithium business as Livent Corporation

FMC rebrands lithium business as Livent Corporation

4:43 AM, 27th July 2018
FMC  logo

PHILADELPHIA, US: FMC Corporation (FMC) said that it will rebrand its lithium materials business as Livent Corporation (pronounced lye-vent) following the previously announced plan to separate FMC Lithium into a publicly traded company. 

Livent Corporation is one of only a small number of companies with the capability, reputation, and know-how to produce high-performance lithium compounds that are helping meet the growing demand for lithium.

Pierre Brondeau, FMC Corporation CEO and chairman is expected to serve as chairman of the board of Livent following the separation and will continue to lead FMC Corporation as CEO and chairman.

Livent has universal appeal, appropriate for a premier, pure-play lithium material sciences company with an expansive global footprint and worldwide business opportunities.  The new Livent brand, including the brand mark and visual identity, will be revealed closer to the separation date.

"FMC has been a leading producer of lithium compounds for more than 40 years. As an independent company, Livent will build on our strengths as a fully integrated, lithium technology leader with a broad portfolio of products for electric vehicles and other energy storage applications, polymers and synthesis, lithium alloys, high-performance lubricants and other speciality uses," said Paul Graves, CEO, Livent Corporation.

As an independent company, Livent will have the freedom and ability to chart its own course and business strategy.  Its leadership and employees will have the flexibility to experiment, thrive and pursue its growth plans with a great new brand.  And we are equally excited about FMC's future as one of the largest agricultural technology companies focused on bringing advanced innovation and sustainable solutions to farmers around the world," said Pierre Brondeau, FMC Corporation CEO and chairman

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