FMC News & Events

FMC (FMC) and Corteva (CTVA) announced a co-exclusive strategic supply and license agreement that will expand access to FMC's rimisoxafen technology across North and South America corn and soybean markets. This collaboration will enable more growers across the Americas to control herbicide-resistant weeds, including Amaranthus species with this dual mode of action herbicide technology. Under the terms of the agreement, which extends through the next decade, FMC retains all rights of ownership to rimisoxafen and will supply Corteva with the active ingredient. Both companies will develop and commercialize their own exclusive premix formulations for the corn and soybean markets across North and South America, while FMC will continue to develop additional rimisoxafen-based products for other crops and geographies globally. Corteva will make an initial prepurchase payment of $200 million USD for product to be supplied by FMC. Together, both companies are committed to ensuring broad availability of this innovative technology and rapid adoption, supporting growers with durable weed management solutions for years to come. Additional terms of the agreement were not disclosed.

FMC has signed a definitive agreement to sell FMC India Private to Crystal Crop Protection, a crop solutions company in India, for consideration of $252M, subject to customary adjustments for cash, debt and working capital. FMC will continue to receive all cash generated from the ongoing operation of the India business until closing, primarily through monetization of working capital. In July 2025, FMC announced its decision to divest the company's crop protection commercial business in India, enabling FMC to participate in the Indian market through a new go-to-market approach while deploying resources to its highest-growth opportunities globally. The transaction is expected to close by year-end 2026. FMC intends to allocate all proceeds from the sale to debt reduction.