The American company FMC – the fifth largest agrochemical company in the world – is closing its activities and business in russia. This is reported on the company official website.
FMC completely stopped its activities and business in Russia, the decision came into force on April 14, 2022. “The only plant for the production of packaging and recipes for plant protection in Cheboksary, Russia, is idle and safely closed,” the company said.
“At the beginning of the war, the FMC took significant steps to reduce its operations and business in Russia. The company suspended new capital investments, marketing and advertising; discontinued research activities; import of all products is stopped; and suspended the development of new products and businesses. However, the increase in reports of potential war crimes, human rights abuses and other atrocities cannot be ignored. Our values as a company and the realities of unprecedented sanctions no longer allow FMC to operate and develop our business in Russia, ”FMC said.
The American company FMC seeks to help farmers protect their crops and yields to address food security, especially in vulnerable countries. This has led and continues to lead the company’s position in providing key products to manufacturers in Ukraine, Eastern Europe and around the world.
The FMC condemns invasion and war, and joins in calling for an immediate end to the violence.
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FMC is an agricultural science company that develops agriculture through innovative and sustainable plant protection technologies.
FMC has been operating in the global market and has been a leader for over 130 years. In Ukraine, FMC appeared back in 1992 and worked as a representative office – initially FMC, and since 2016, after the acquisition of Cheminova – has included in its portfolio. Since May 2017, the company is registered as a limited liability company “FMS Ukraine” and conducts full-fledged activities in the agricultural market of Ukraine.