In Industrial Chemicals, sales of $273 million increased 12%, driven by higher selling prices, especially in soda ash, and volume growth in soda ash and specialty peroxygens. Segment earnings of $48.1 million increased 19% as the result of the sales gains, favorable export mix in soda ash and the continued mix shift in peroxygens towards specialties markets.Taking a look at total company sales on a regional basis in the first quarter. Sales in Latin America demonstrated the highest growth rate, up 38%, driven by Agricultural Products as a result of the strong finish through the crop season in Brazil and sales from a new market access joint venture in Argentina. We also increased soda ash exports to the region and realized healthy sales growth in BioPolymer.
FMC's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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