Elementis acquires US coatings additives firm

Elementis, the FTSE 250 speciality chemicals group, has agreed, through its wholly owned subsidiary Elementis Specialties, to acquire the assets of Hi-Mar Specialty Chemicals, a US coatings additives company.

Elementis, the FTSE 250 speciality chemicals group, has agreed, through its wholly owned subsidiary Elementis Specialties, to acquire the assets of Hi-Mar Specialty Chemicals, a US coatings additives company.

The $33m purchase has been made to further expand the company's product and technical service offering in these high value segments.

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