Elementis : Completion of the sale of Hardman epoxy and urethane products business

15-Jun-2005

Elementis plc announced that the sale of its Hardman epoxy and urethane products business, headquartered in Belleville, New Jersey, US ("Hardman"), is completed.

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.

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