FMC Corporation (FMC), is a diversified chemical company. FMC serves agricultural, consumer and industrial markets with solutions, applications and products. It operates in three business segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals. Agricultural Products segment develops, markets and sells all three classes of crop protection chemicals, such as insecticides, herbicides, and fungicides, with particular strength in insecticides and herbicides. Specialty Chemicals consists of its BioPolymer and lithium businesses and focuses on food ingredients that are used to enhance texture, color, structure and physical stability; pharmaceutical additives for binding, encapsulation and disintegrate applications, specialty polymers and pharmaceutical synthesis. In October 2013, FMC Corporation announced the acquisition of the Center for Agricultural and Environmental Biosolutions (CAEB).