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
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  • 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)

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Monday 28 April, 2008

Elementis PLC

Acquisition

Elementis PLC
28 April 2008


Elementis - Acquisition of Deuchem Co., Ltd.

Elementis plc today announces that it has agreed, through its wholly owned
subsidiary Elementis Holdings Limited, to purchase Deuchem Co., Ltd.
('Deuchem'), a Taiwan based company, for a cash consideration of £40.4 million
(TW$ 2,464 million).

Deuchem was established in 1978 and is a leading supplier of additives and
resins to the coating and related industries, with three sales offices in 
Taiwan and eleven sales offices in China, together with manufacturing and 
technical facilities near Taipei and in Shanghai. The acquisition of Deuchem
will significantly expand Elementis' presence in Asia and provide a platform 
for its Specialty Products Division to accelerate growth in the region. 
In 2007, Deuchem's revenue grew by approximately 6.5 per cent, which is 
consistent with the Elementis 2007 Asia Pacific performance. Further growth 
in the combined businesses will be driven by the sale of Deuchem's product 
portfolio to the Elementis global customer base, as well as the opportunity
to sell Elementis products through the well developed Deuchem sales and 
technical support network in China and Taiwan.

The transaction is subject to regulatory approvals and the purchase price
assumes that Deuchem will have debt of up to £1.3 million at closing. Closing
is anticipated to take place during the second half of 2008 and the 
transaction is expected to be earnings enhancing for Elementis in the first 
full year of ownership.

Greg McClatchy, president of Elementis Specialties, will head the combined
organisation.

Deuchem's audited results for the year to December 31, 2007 are as follows:

Sales                  £37.9 m
Profit before tax      £ 5.1 m
Profit after tax       £ 3.6 m
EBITDA                 £ 5.7 m

Gross assets           £36.1 m

David Dutro, Elementis' Chief Executive Officer, said 'This acquisition
represents a significant step in the evolution of Elementis and our commitment
to profitable growth in Specialties. Deuchem has established an impressive
reputation over the past thirty years for technical service and product
development, and is therefore an excellent fit with our Specialty Products
Division. Listening to customers' needs and working to meet them is a 
philosophy that Deuchem and Elementis share. Deuchem has a strong presence
in Asia in terms of its commercial team, technical organization, and 
manufacturing group, and when combined with the Elementis infrastructure 
provides an enviable platform to drive growth. Deuchem's complementary product
portfolio, customer service culture, and the opportunity to leverage combined 
technologies globally gives us confidence that this acquisition will create 
shareholder value.'

Notes:

1) Elementis is acquiring Deuchem from Antony Chang (Chairman and CEO of
Deuchem), who is the largest shareholder, and from four other directors as well
as a number of other private shareholders, including employees who will remain
in the business.
2) Deuchem's senior management, with the exception of Antony Chang, is expected
to be retained.
3) Exchange rate used: £1 = TW$ 61.


Enquiries:

Elementis plc                                   Tel: +44 (0)20 7408 9302
David Dutro, Group Chief Executive
Brian Taylorson, Finance Director

Financial Dynamics                              Tel: +44 (0)20 7831 3113
Andrew Dowler
Greg Quine



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