Elementis’s chromium profits hit by maintenance shutdown
30/07/2013
Specialty chemical maker Elementis has reported a 10% decline in pre-tax profit for the first half, hurt by a maintenance shutdown at its chromium division. Pre-tax profit fell to $67.5 million for the six months ended June 30 from $75.1 million a year earlier. Revenue fell 3% to $388.2 million. Sales at Elementis's chromium business, used by...