FMC (FMC) 8-K Regulation FD Disclosure

FMC Corporation

KeyBanc

Capital Markets

New York, NY

August

6,

2009

W. Kim Foster

Senior Vice President and CFO

Exhibit 99.1

1

Disclaimer

Safe Harbor Statement under the

Private Securities Litigation Reform Act of 1995

These slides and the accompanying presentation contain “forward-looking

statements”

that represent management’s best judgment as of the date hereof

based

on

information

currently

available.

Actual

results

of

the

Company

may

differ materially from those contained in the forward-looking statements. 

Additional

information

concerning

factors

that

may

cause

results

to

differ

materially from those in the forward-looking statements is contained in the

Company’s periodic reports filed under the Securities Exchange Act of 1934, as

amended.

The Company undertakes no obligation to update or revise these forward-

looking statements to reflect new events or uncertainties.

Non-GAAP Financial Terms

These

slides

contain

certain

“non-GAAP

financial

terms”

which

are

defined

in

the appendix.  In addition, we have provided reconciliations of non-GAAP terms

to the closest GAAP term in the appendix.

2

FMC Corporation

LTM ending June 30, 2009 ($ millions)

FMC CORPORATION

Revenue:             $2,949

EBITDA:                   $631

Margin*:               21.4%

INDUSTRIAL

CHEMICALS

Revenue:

$1,180

EBITDA:

$226

Margin*:

19.2%

AGRICULTURAL

PRODUCTS

Revenue:          $1,018

EBITDA:

$272

Margin*:

26.8%

SPECIALTY

CHEMICALS

Revenue:

$756

EBITDA:

$182

Margin*:

24.1%

*

EBITDA margin

Leading Market Positions

Diverse End Markets -

Low Correlation to Economic Cycles

Diversified and Integrated Cost Structure

Limited Dependence on Petrochemical Feedstocks

3

Realizing the inherent operating leverage within FMC

•

Sustaining earnings growth > 10% per year

(1)

Focusing the portfolio on higher growth businesses

•

Managing Specialty Chemicals and Agricultural Products for growth

•

Managing Industrial Chemicals for cash

Maintaining financial strength and flexibility

•

Solid

balance

sheet,

conservative

liquidity

profile,

strong

cash

flow

•

Investing in higher growth businesses

•

Pursuing external growth opportunities

•

Returning cash to shareholders –

dividend and share repurchase

Disciplined Approach to Unlocking Value

(1)

Earnings before restructuring and other income and charges

4

Agricultural Products

Strong niche positions in the Americas, Europe and Asia

Proprietary, branded insecticides and herbicides

Strategic Focus:

•

Selected products, crops and regions

•

Shifting to significantly shorter innovation cycle

•

Reducing global supply chain and overhead costs

5

Specialty Chemicals

BioPolymers

–

pharmaceutical and food ingredients

Lithium focus on specialties –

pharmaceuticals and energy storage

Strategic Focus:

•

Growing core market segments

•

Commercializing new technology platforms

•

Pursuing financially attractive bolt-on acquisitions

6

Industrial Chemicals

#1 North American manufacturer of soda ash and peroxygens

Low cost, proprietary production technologies

Strategic Focus:

•

Managing for cash generation

•

Continued top line growth driven primarily by higher selling prices

•

Aggressive cost management

7

FMC in Summary

Great businesses, each with EBITDA  >$180 million

Sustained double-digit earnings growth

(1)

•

Diverse end-markets, low correlation to economic cycles

•

Diversified and integrated cost structure

•

Products aligned with global secular growth trends

Strategic and financial flexibility

•

Solid balance sheet

•

Conservative liquidity profile

•

Strong cash flow

Disciplined approach to unlocking value

(1)

Earnings before restructuring and other income and charges

FMC Corporation

FMC Corporation

Glossary of Financial Terms

&

Reconciliations of GAAP to Non-GAAP

10

Non-GAAP Financial Terms

These slides contain certain “non-GAAP financial terms”

which are defined

below. In addition, we have provided reconciliations of non-GAAP terms to

the closest GAAP term in the appendix of this presentation.

EBITDA

(Earnings Before Interest, Taxes, Depreciation and Amortization) is

the

sum

of Income (loss) from continuing operations before income taxes

and

Depreciation and Amortization.

EBITDA

Margin

is

the

quotient

of

EBITDA

(defined

above)

divided

by

Revenue.

ROIC

(Return

on

Invested

Capital)

is

the

sum

of

Earnings

from

continuing

operations

before

restructuring

and

other

income

and

charges

and

after-

tax

Interest expense

divided by the sum

of Short-term debt, Current portion

of

long-term

debt,

Long-term

debt

and

Total

shareholders’

equity.

11

Segment Financial Terms

These slides contain references to segment financial items. Some

of the

segment financial terms are “non-GAAP financial terms”

and are defined

below. In addition, we have provided reconciliations of non-GAAP terms

to the closest GAAP term in the appendix of this presentation. 

EBITDA

(Earnings Before Interest, Taxes, Depreciation and Amortization)

for a segment

is the

sum

of Income (loss) from continuing operations

before

income

taxes

for

that

segment

and

Depreciation

and

Amortization

for that segment.

EBITDA

Margin

for

a

segment

is

the

quotient

of

EBITDA

(defined

above)

divided by Revenue

for that segment.

12

Reconciliation of LTM 6/30/2009 consolidated income from continuing operations before

income taxes (a GAAP measure) to LTM 6/30/2009 EBITDA (a Non-GAAP measure)

EBITDA Reconciliation: LTM 6/30/2009

(Unaudited, in $ millions)

LTM 6/30/2009

Income (loss) from continuing operations before income

taxes

$387.2

Net Income attributable to non-controlling interests

(14.5)

Restructuring and other charges/(income), net  

99.8

Impairment

of

Perorsa

Joint

Venture

1.4

Purchase accounting inventory fair value impact

4.6

Interest expense, net

28.4

Depreciation and amortization

123.7

EBITDA (Non-GAAP)

$630.6

13

Reconciliation

of

LTM

6/30/2009

segment

operating

profit

(a

GAAP

measure)

to

LTM

6/30/2009 EBITDA (a Non-GAAP measure)

(Unaudited, in millions)

Segment EBITDA Reconciliation: LTM 6/30/2009

Segment

Industrial

Specialty

Agricultural

Chemicals

Chemicals

Products

LTM 6/30/2009 segment operating profit

(GAAP)

$156.9

$149.6

$260.8

Add:

Depreciation and Amortization

69.0

32.8

10.9

LTM 6/30/2009 EBITDA (Non-GAAP)

$225.9

$182.4

$271.7

FMC Corporation