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FMC Corporation’s Tremisia Fungicide Approved in Ukraine, Expands EMEA Market

FMC Corporation (NYSE:FMC) is one of the best basic materials stocks to invest in. On June 30, FMC Corporation announced that its Tremisia fungicide received regulatory approval in Ukraine. This marks the first introduction of FMC’s novel fluindapyr technology into the EMEA region. The approval allows the use of Tremisia fungicide on oilseed rape, sunflower, and wheat, which covers over 10 million hectares of Ukrainian farmland.

Tremisia fungicide combines FMC’s proprietary fluindapyr molecule with flutriafol and offers a dual mode of action that provides extended crop protection. This fungicide targets a range of economically significant diseases, such as Alternaria and Sclerotinia in sunflower, and Septoria and rust in wheat.

The Ukrainian registration builds upon the successful commercialization of fluindapyr-based products by FMC in various countries. Conditional approval was also secured in the Philippines earlier this year. FMC expects to expand the availability of fluindapyr-based products to Bolivia, Chile, Colombia, Honduras, and India.

FMC Corporation (NYSE:FMC) is an agricultural sciences company that provides crop protection solutions to farmers in Latin America, North America, Europe, the Middle East, Africa, and Asia.

While we acknowledge the potential of FMC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FMC and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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