date:Mar 11, 2014
Chemical maker FMC Corp said it would split into two companies as it looks to separate its stable and steadily growing agriculture, health and nutrition businesses, from its cyclical minerals division.
FMC's shares rose as much as 8 percent to a life-high of $83.94 on Monday on the New York Stock Exchange.
Chemical companies, including Dow Chemical Co and DuPont, are shifting their focus to agriculture and other specialty businesses to lower their reliance on businesses exposed to volatile swi