Elementis plc - Company Profile
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Business Description
Elementis plc (Elementis) is a manufacturer of specialty chemicals. It offers personal care products, industrial and architectural coatings, adhesives and sealants among others.
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R&D Overview
Elementis has a dedicated strategy for its product innovation activities, which includes increasing the share of new products in its revenue. In FY2022, new products accounted for 14% of the revenue, and the company's target is for 17% of its revenue to be generated by new products by 2025. The company has capabilities to develop new products, and it has developed two notable products in FY2022, which include Finntalc C15B2, which is offered as part of the talc business segment and provides effective barrier properties; and Bentone Hydrocaly 2100, which is an offering in the personal care segment and provides an improved rheological profile and is coldly processable, which saves energy costs for customers. Elementis developed 18 new products in FY2022 and opened two new personal care laboratories in India and China. It also had 60 innovation projects in development. In FY2022, the company spent US$8 million on research and development, which as a percentage of revenue, stood at 1.1% and increased 6.7% YoY.
Business Segments
Overview
Offers rheology additives and modifiers to companies that produce ornamental and industrial paints. Products find applications in end-user markets which include architectural coatings, construction, adhesives and sealants, inks, water treatment, ceramics, leather coatings and colorant dispersions.
Performance
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Overview
Offers specialty additives, rheological additives, compounded products, and colorants. The portfolio includes rheological additives and modifiers, dispersing agents, flow and leveling additives, organoclays and colorants, defoamers and coalescing agents, wetting and slip agents, lanolin, bentonite and other natural oil derivatives. Products find applications in cosmetics, skin and hair care, deodorants and bath & soap markets. Operates production facilities in North and South America, Europe, and the Asia Pacific.
Performance
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Overview
Offers talc-based additives for enhancing product properties to ceramic, long-life plastics and packaging manufacturers. Products find applications in plastics, paints and coatings, food and pharma, ceramics, polyester putties, pulp and paper end markets.
Performance
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Geographical Segments
Performance
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Overview
The Netherlands, Germany, Finland
Performance
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Overview
Taiwan, People’s Republic of China, India
Performance
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Performance
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