Cyanco Announces New Business.

Business Editors

SALT LAKE CITY--(BUSINESS WIRE)--March 14, 2002

Nevada Chemicals Inc. (Nasdaq: NCEM), formerly known as Mining Services International Corp., Thursday announced that Cyanco Co., the 50/50 joint venture with Degussa Corp., has purchased commercial and certain distribution

Terms of the transaction were not disclosed. As a result of this transaction, FMC will exit the business, ending its 12-year role as supplier of sodium cyanide to the Nevada gold mining industry. Cyanco has assumed FMC's on-going contractual obligations under its existing sodium cyanide contracts and is expected to begin to supply these customers on April 1, 2002.

The changeover is being planned by the two organizations to be a seamless transition with no loss of service or dislocations to the customer base.

FMC will continue its focus on its core business units and will close down its sodium cyanide manufacturing plant at its facilities located near Green River, Wyo. FMC will also cease the distribution of sodium cyanide from its Battle Mountain, Nev. distribution terminal. The FMC supply contracts acquired by Cyanco are with several key gold mining operations in Nevada.

It is estimated that the business purchased currently represents approximately 25,000 tons of additional sodium cyanide business for Cyanco during the lifetime of the contracts. In addition to the transferred contracts, Cyanco purchased several key pieces of equipment including distribution vehicles and storage tanks.

Cyanco is a 50/50 joint venture company of Degussa Corp. and Nevada Chemicals Inc. Cyanco produces and markets liquid sodium cyanide to the Western States gold mining region. Cyanco has been operational for the past nearly 13 years. The recent 10 percent increase in the price of gold has sparked new interest in the gold mining stocks and the mining of gold.

FMC Corp. (NYSE: FMC) is a global, diversified chemical company, headquartered in Philadelphia, serving agricultural, industrial and consumer markets with innovative solutions, applications and products. The company employs approximately 6,000 people throughout the world.

The foregoing may contain "forward-looking" statements that are pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Readers and investors are cautioned that forward-looking statements involve risks and uncertainties that may affect the company's business prospects and performance.

These include, but are not limited to, the successful transition of the customer contracts from FMC to Cyanco, continuing demand for Cyanco's products in its market area, changes in mining activity in the area served by Cyanco, changes in metals prices, changes in the mining and construction industries in general, changes in competitive, regulatory, political, and technological environments in which the company operates, and other factors discussed in the company's reports to shareholders and periodic filings with the Securities and Exchange Commission.