|Bid||0.00 x 1300|
|Ask||0.00 x 1800|
|Day's Range||11.14 - 11.31|
|52 Week Range||5.35 - 12.74|
|Beta (5Y Monthly)||1.85|
|PE Ratio (TTM)||37.63|
|Earnings Date||Nov 05, 2020 - Nov 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.86|
The Chemtech metals recycling business of Element Solutions (ESI) will be combined with DMP to form MacDermid Envio Solutions.
Element Solutions Inc (NYSE:ESI) ("Element Solutions" "ESI" or the "Company"), a global and diversified specialty chemicals company, today announced its acquisition of DMP Corporation ("DMP"), a premier provider of turnkey wastewater treatment and recycle and reuse solutions across multiple manufacturing industries. The Company today also announced the formation of MacDermid Envio Solutions, a new business focused on helping customers profitably reduce their environmental impact through proprietary water treatment and metals recycling solutions. This business will report under Element Solutions’ Industrial Solutions vertical but sell across ESI’s broader end markets. The acquisition of DMP further expands the Company’s investment in technology to provide innovative solutions helping its customers manage the existential issue of sustainability for manufacturing businesses around the world. DMP will be combined with ESI’s existing Chemtech metals recycling business to form MacDermid Envio Solutions.
The notes are completely and unconditionally guaranteed by some of Element Solutions' (ESI) existing domestic subsidiaries on a senior unsecured basis.