Elementis PLC
13 June 2005
Elementis plc
13 June 2005
Completion of the sale of Hardman epoxy and urethane products business
Elementis plc (LSE:ELM) is pleased to announce that the sale of its Hardman
epoxy and urethane products business, headquartered in Belleville, New Jersey,
US ('Hardman'), completed today.
As previously announced, the sale of Hardman was made to Royal Adhesives and
Sealants, LLC ('Royal') for a cash payment of approximately £7.8m. Royal is a
manufacturer and marketer of specialty adhesives and sealants for use primarily
in industrial and commercial applications throughout the United States.
- Ends -
Notes to Editors
This announcement has assumed an exchange rate of US$1.9 to the UK pound
About Elementis
Elementis plc is a global specialty chemicals company comprising four separate
businesses Elementis Chromium, Elementis Specialties, Elementis Pigments and
Elementis Specialty Rubber.
Further Enquiries:
Elementis Tel +44 (0) 1784 227000
Geoff Gaywood - Chief Executive
Brian Taylorson - Finance Director
Hilary Reid Evans - Head of Corporate Communications
Financial Dynamics Tel +44 (0) 20 7831 3113
Deborah Scott/Greg Quine
This information is provided by RNS
The company news service from the London Stock Exchange
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