Information  X 
Enter a valid email address

Elementis PLC (ELM)

  Print      Mail a friend       Annual reports

Wednesday 10 September, 2003

Elementis PLC

Submission on REACH proposals

Elementis PLC
10 September 2003



Staines, UK, Wednesday 10 September 2003 - Elementis plc (LSE: ELM)

Further to press comment this morning Elementis confirms that it has made a
submission to the EU commission regarding the proposed new regulation,
evaluation and authorisation for chemicals (REACH).  Elementis believes that the
burden of the proposals will fall disproportionately on specialty chemicals
producers as their business necessarily involves a large range of products with
relatively low volumes. No impact is anticipated on Elementis' chromium

In its submission Geoff Gaywood, Chief Executive comments that 'Based on a
strategic and financial assessment our likely business response to REACH as
presently drafted will be to exit some business sectors, reduce the number of
plants in the EU from five to three, and further emphasise new investment in
plant and R&D in the US and the Far East'.

The company currently estimates the impact on it of the REACH proposals over an
eleven year period at €14-33 million.

In conjunction with the Chemical Industries Association and SEFIC the company is
continuing to lobby against the REACH proposals.

The full submission to the EU is available on



Elementis plc
Tel: +44 (0)1784 224 212
Geoff Gaywood                        Chief Executive
Brian Taylorson                      Finance Director
Hilary Reid Evans                    Head of Corporate Communications

Tel: +44 (0) 207 404 5959
Andrew Fenwick
Chi Lo

                      This information is provided by RNS
            The company news service from the London Stock Exchange                   CD