Part I  iteM 1 Business functionality that improves the texture and stability of many food  products. Carrageenan and alginates, both processed from seaweed, are  used in a wide variety of food, pharmaceutical and oral care applications.  Additionally, we are developing technology platforms within biomedical  markets to provide ultrapure biopolymers and application know-how  for biomedical devices. The following chart summarizes the markets  for BioPolymer’s products and our chemistries in each market: Microcrystalline  cellulose Carrageenan alginates Other Food Beverage X X X Dairy X X X Convenience foods X X X X Meat and poultry X X Pet food and other X X X Pharmaceutical Tablet binding and coating X X X X Anti-reflux X Liquid suspension X X Oral care X Cosmetic care X X X X Oral dose forms X X X X Biomedical X X lithium Lithium is a vertically-integrated technology business, based on both  inorganic and organic lithium chemistries. While lithium is sold into a  variety of end-markets, we have focused our efforts on energy storage,  specialty polymers and pharmaceuticals. The electrochemical properties of lithium make it an ideal material for  portable energy storage in high performance applications, including  heart pacemakers, cell phones, camcorders, personal computers and next- generation technologies that combine cellular and wireless capabilities  into a single device. Lithium is also being developed as the enabling  element in advanced batteries for use in hybrid electric, plug-in hybrids  and all-electric vehicles. Organolithium products are sold to fine chemical and pharmaceutical  customers who use lithium’s unique chemical properties to synthesize  high value-added products. Organolithiums are also highly valued  in the specialty polymer markets as initiators in the production of  synthetic rubbers and elastomers. The following chart summarizes the major markets for various lithium products: Primary  Inorganics Specialty  Inorganics Lithium Metal/Ion Battery Materials Organometallics Intermediates Fine Chemicals Pharmaceuticals, agricultural products X X X X Polymers Elastomers, synthetic rubbers,  industrialcoatings X X Energy Storage Non-rechargeable batteries, lithium ion  batteries (rechargeable) X X X Other Glass & ceramics, construction, greases &  lubricants, air treatment, pool water treatment X X industry overview Food ingredients Our BioPolymer business serves the texture, structure and physical  stability (“TSPS”) food ingredients market. TSPS ingredients impart  physical properties to thicken and stabilize foods. There are many  types of TSPS ingredients and a wide range of food groups served,  including bakery, meats, dairy and convenience products. The industry  is dispersed geographically, with the majority of our sales in Europe,  North America and Asia. Trends driving market growth include increasing consumer interest  in healthier foods, greater convenience and growth in per capita  consumption of processed foods in emerging markets. The trend  toward health and convenience drives the need for more functional  ingredients to impart desired food tastes and textures. We believe  carrageenan and MCC, which address this need, are growing faster  than the overall TSPS market. The global customer base for TSPS is  relatively fragmented and includes large and small food processors.  Consolidation among these customers has been a significant trend over  the past several years. As a result, TSPS ingredient suppliers such as  us, have focused on establishing alliances with market leaders with the  goal of reducing costs, leveraging technology and expanding product  offerings with key accounts. 7 FMC Corporation    2010 Form 10K