13th Jun 2005 10:16
Elementis PLC13 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 Hardmanepoxy 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 andSealants, LLC ("Royal") for a cash payment of approximately £7.8m. Royal is amanufacturer and marketer of specialty adhesives and sealants for use primarilyin industrial and commercial applications throughout the United States. - Ends - Notes to EditorsThis announcement has assumed an exchange rate of US$1.9 to the UK pound About ElementisElementis plc is a global specialty chemicals company comprising four separatebusinesses Elementis Chromium, Elementis Specialties, Elementis Pigments andElementis Specialty Rubber. Further Enquiries: Elementis Tel +44 (0) 1784 227000 Geoff Gaywood - Chief ExecutiveBrian Taylorson - Finance DirectorHilary 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 ExchangeRelated Shares:
Elementis