Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Elementis PLC (ELM)

  Print      Mail a friend       Annual reports

Monday 11 December, 2000

Elementis PLC

Current Trading Statement

Elementis PLC
11 December 2000


ELEMENTIS plc TRADING UPDATE

Elementis plc, the specialty chemicals group, is today announcing a trading
update, in line with current market practice, in advance of the Group's
preliminary results for 2000 which are due to be announced on 28 February
2001.

In the Group's interim report in August, concerns were expressed relating to
rising energy costs and also the weakness of the euro.  Since then, the
adverse energy price trend in particular has continued, with current US gas
prices treble those at the start of the year.

Despite the significantly more challenging environment, Elementis
anticipates that trading results for the year to 31 December 2000 will be
at, or close to, its previous expectations, reflecting the continuing
benefits from a Group wide focus on business re-engineering and some short-
term protection from forward gas purchasing.

Chromium

Year on year sales volume growth has remained strong in the second half,
although at lower levels than in the first half.  With the exception of
chrome sulphate, good year on year growth has continued in all product
categories, reflecting the product focused sales and marketing strategy
introduced a year ago.  Demand for chromic oxide has been particularly good.
Average product pricing is similar to that in the first half.  The new
energy efficient kiln at Corpus Christi, Texas, is operating in line with
expectations; this, together with some short-term protection from forward
gas purchasing, has partially mitigated the continuing upward trend in gas
prices which is increasingly impacting the business's financial performance.

Pigments & Specialties

At Elementis Pigments, the improved financial performance achieved in the
first half of the year has continued into the second half.  Iron oxide sales
are growing strongly and the benefits of the major restructuring and
upgrading programme are reflected in enhanced financial performance compared
to a year ago, partially offset by lower profits on zinc products for the
depressed UK market and higher energy prices.

At Elementis Specialties, sales growth continues to come primarily from oil
exploration drilling, which is benefiting from the continuing market
recovery, inks and personal care markets.  Sales growth of rheological
additives into the coatings market was slower than in the first half.
Performance in Europe continues to be hindered by the relative weakness of
the euro against sterling and the US dollar.

Chemical Distribution

Trading performance has continued broadly in line with the Group's
expectations.

Specialty Rubber

Performance in the minerals processing and industrial rubber business units
has been largely offset by lower sales and profits on major process
technologies contracts.  Management action is being taken to address this.
The programme to simplify the Linatex business and focus on its core
specialty rubber capability is ahead of schedule and close to completion;
only one site remains to be closed.

Outlook

There is considerable uncertainty over the future timing and direction of
energy prices, particularly for gas in the US.  As a consequence, it is too
soon to make any comment on the prospects for next year.



Enquiries

Elementis plc                                                   020 7398 1400
Lyndon Cole                                             Group Chief Executive
George Fairweather                                     Group Finance Director
Anna Passey                                  Head of Corporate Communications

Brunswick Group Limited                                         020 7404 5959
Andrew Fenwick
Rupert Young