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FMC sees above-market agchem growth ahead

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FMC forecasts a compound annual growth rate (CAGR) for its agrochemical business of 7-11% between 2016 and 2020. That would be ahead of the mid-single-digit percentage forecast for the global agrochemical market, the company points out. The growth rate is expected to be slower in 2015 and 2016 and to accelerate from 2017 onwards, the president of FMC's Agricultural Solutions business, Mark Douglas, told investors this week.

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