Elementis

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Elementis plc
Type Public (LSE: ELM)
Founded 1844
Headquarters London, UK
Key people Bob Beeston, Chairman
David Dutro, CEO
Industry Chemicals
Revenue £395.9 million (2007)
Operating income £37.6 million (2007)
Net income £33.7 million (2007)
Employees circa 1,200 (2007)
Website www.elementis.com

Elementis plc (LSE: ELM) is one of the UK's largest speciality chemicals business. It is listed on the London Stock Exchange.

[edit] History

The company was founded in Liverpool in 1844 as Harrison and Crossfield by Daniel Harrison, Smith Harrison and Joseph Crossfield to trade in tea and coffee. In 1903 it diversified into operating rubber plantations in the far east.

In 1947 it established a joint venture with Durham Chemicals and in 1973 acquired British Chrome & Chemicals. In 1982 it sold its Malaysian plantations and in 1994 it sold its Indonesian plantations.

In 1998 it changed its name to Elementis plc and acquired Rheox, a speciality chemicals business and in 2002 it acquired Oxychem's chromium chemicals business.

[edit] Structure

The business has two divisions:

  • Speciality chemicals
  • Chromium

[edit] References