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

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

TechnipFMC bags subsea contract by Chevron Australia

LONDON, UK/ PARIS, FRANCE/ HOUSTON, US: TechnipFMC (FTI) has been awarded a subsea installation contract by Chevron Australia, for the Gorgon Stage 2 ...

Read more
Petron to expand Limay refinery with Honeywell UOP technologies

MANDALUYONG, PHILIPPINES: Petron Corporation said that it will expand and upgrade its Limay, Bataan refinery in the Philippines with technol ...

Read more
Total to acquire two gas power plants in France

PARIS, FRANCE: Total SA to acquire two gas-fired combined cycle power plants (CCGT) in the North and East of France from KKR-Energas. This represents ...

Read more
Material made from crab shells, trees could replace plastic packaging

ATLANTA, US: From liquid laundry detergent packaged in cardboard to compostable plastic cups, consumer products these days are increasingly promoting ...

Read more
Honeywell technology to help Indian Oil meet new clean fuel standards

NEW DELHI, INDIA: Honeywell (HON) said that the Indian Oil Corporation Ltd (IOCL) has chosen Honeywell UOP’s pressure swing adsorption (PSA ...

Read more
Arkema to open 3D printing centre at Exton site, US

COLOMBES, FRANCE: Arkema said that it will open its 3D printing centre of excellence, located at its Sartomer Exton, Pennsylvania facility. In this a ...

Read more