Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Inorganic Chemistry

Elementis mulls sale of chromium unit

by Alex Scott
April 30, 2022 | A version of this story appeared in Volume 100, Issue 15

 

The British firm Elementis says it is undertaking a strategic review of its chromium chemical unit, a move that usually foreshadows a sale. Benefiting from a postpandemic rebound in industrial activity, the business generated sales of $171 million and a pretax profit of $14 million last year. Elementis bought the business from Occidental Chemical in 2002 for $40 million. It is the only chromium chemical maker in North America. Lanxess sold a similar business in 2019.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.