Elementis may sell Linatex rubber business

By Liz White, ERJ staff
London–Linatex, the speciality rubber unit of UK chemicals group Elementis plc, may be sold, now that it is back in profit, chief executive Geoff Gaywood revealed during the group’s 2004 results briefing.

“Now we’ve been able to demonstrate, two years in a row, more than 20 per cent per year sales growth,” for Linatex, a supplier of proprietary abrasion- resistant rubber, said Gaywood. “The question is: ‘Is Elementis the right owner for that business going forward or are there other potential…

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