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Sunday 29 July 2018

FMC rebrands lithium business as Livent Corporation




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.

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