THE WHAT? UK-based specialty chemicals manufacturer, Elementis is said to be exploring a sale of its Chromium division, according to a report published by Bloomberg, quoting an anonymous source ‘familiar with the matter’.
THE DETAILS Elementis saw revenue rise 17 percent to US$880 million for FY2021 and adjusting operating profit increase 31 percent to US$107 million. The company is said to be in talks with advisors regarding the future of the unit, but declined to comment when approached by Bloomberg.
THE WHY? Elementis has fought off a series of takeover bids in recent months and its share price has dropped some 14 percent in the last year. It’s said that the potential sale could raise enough funds for Elementis to invest further in its personal care and coatings units.
Aesthetic injectable companies refer to businesses or companies that specialize in manufacturing, distributing, or providing aesthetic injectable products and services. These companies focus on developing and supplying injectable substances used for cosmetic purposes, typically administered by qualified medical professionals. Aesthetic injectable companies play a crucial role in the field of aesthetic medicine and cosmetic dermatology by offering a variety of injectable products designed to enhance facial features, reduce wrinkles, and improve overall skin appearance.
Key aspects of aesthetic injectable companies include:
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Product Development: These companies research, develop, and manufacture aesthetic injectables such as dermal fillers, botulinum toxins (e.g., Botox), collagen stimulators, and other specialized formulations. They often innovate new products to meet evolving market demands and technological advancements.
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Customer Support: Aesthetic injectable companies offer customer support services to healthcare providers and consumers, addressing inquiries, providing product information, and assisting with product usage and troubleshooting.
