 | |
| Formerly | Platform Specialty Products Corporation (2013–2019) |
|---|---|
| Type | Public company |
| |
| Founded | 2013 |
| Founder | Martin E. Franklin |
| Headquarters | 500 East Broward Blvd., , U.S. |
Key people | Benjamin Gliklich [2] |
| Products | Specialty Chemicals, technical services [1] |
| Revenue | |
Number of employees | 4,450 [3] (2018) |
| Website | elementsolutionsinc |
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange. [4] [5]
The corporation was founded in 2013 by Martin E. Franklin, with financial backing from Bill Ackman. [6] The company manufactures and supplies specialty chemicals for consumer electronics, communication infrastructure, automobile, industrial surface finishing, consumer packaging and offshore oil production and drilling. [7] [8]
Additionally, the corporation purchased several highly complementary specialty chemicals companies from 2013 through 2015: MacDermid Incorporated in October 2013, the electronic chemicals and photomasks businesses of OM Group Inc. in October 2015, and Alent plc in December 2015. After the final acquisition became effective, in 2016, Platform Specialty Products launched a new division in order to combine the operations of the acquired businesses. [9]
In July, 2018, United Phosphorus Limited announced acquisition of Arysta Life Sciences, the Crop business of Platform Specialty Chemicals for a total sum of $4.2 billion, with the latter exiting the crop business entirely. [10] In 2019, the company changed its name to Element Solutions Inc. from Platform Specialty Chemicals. [11] It is now listed as ESI on the New York Stock Exchange. [2] [5]
Hitachi, Ltd. is a Japanese multinational conglomerate corporation headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group and had formed part of the Nissan zaibatsu and later DKB Group and Fuyo Group of companies before DKB and Fuji Bank merged into the Mizuho Financial Group. As of 2020, Hitachi conducts business ranging from IT, including AI, the Internet of Things, and big data, to infrastructure.
Huntsman Corporation is an American multinational manufacturer and marketer of chemical products for consumers and industrial customers. Huntsman manufactures assorted polyurethanes, performance products, and adhesives for customers like BMW, GE, Chevron, Procter & Gamble, Unilever and Walkaroo.With global headquarters in The Woodlands, Texas, it operates more than 70 manufacturing, R&D and operations facilities in over 30 countries and employ approximately 9,000 associates across four business divisions. Huntsman Corporation had 2020 revenues of approximately $6 billion.
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Albemarle Corporation is a specialty chemicals manufacturing company based in Charlotte, North Carolina. It operates 3 divisions: lithium, bromine specialties and catalysts.
Nufarm is an Australian agricultural chemical company headquartered in Melbourne, Australia. Established in 1956, the company was founded by Max Fremder. It holds more than 2,100 product registrations, and markets products in more than 100 countries around the world.
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Fidelity National Information Services, Inc. (FIS) is an American multinational corporation which offers a wide range of financial products and services. FIS is most known for its development of Financial Technology, or FinTech, and as of Q2 2020 it offers its solutions in three primary segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions. Annually, FIS facilitates the movement of roughly $9 trillion through the processing of approximately 75 billion transactions in service to more than 20,000 clients around the globe.
Chemtura Corporation was a global corporation headquartered in Philadelphia, Pennsylvania, with its other principal executive office in Middlebury, Connecticut. Merged into Lanxess in 2017, the company focused on specialty chemicals for various industrial sectors, and these were transportation, energy, and electronics. Chemtura operated manufacturing plants in 11 countries. Its primary markets were industrial manufacturing customers. The corporation employed approximately 2500 people for research, manufacturing, logistics, sales and administration. Operations were located in North America, Latin America, Europe and Asia. In addition, the company had significant joint ventures primarily in the United States. For the year ended December 31, 2015, the company's global core segment revenue was $1.61 billion. Chief executive officer was Craig A. Rogerson, who was also the president and chairman of the board of Chemtura Corporation. On April 21, 2017, Chemtura was acquired by the German chemical company Lanxess.
Thomson Reuters Corporation is a Canadian multinational conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre.
Apollo Global Management, Inc. is an American global private-equity firm. It provides investment management and invests in credit, private equity, and real assets. As of December 31, 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors. Since inception in 1990, private-equity funds managed by Apollo have produced a 24% internal rate of return (IRR) to investors, net of fees.
The Lubrizol Corporation is an American provider of specialty chemicals for the transportation, industrial and consumer markets. These products include additives for engine oils and other transportation-related fluids, additives for industrial lubricants, and additives for gasoline and diesel fuel. In addition, Lubrizol makes ingredients and additives for personal care products, pharmaceuticals and medical devices, specialty materials, including plastics technology, and coatings in the form of specialty resins and additives.
Micro Focus International plc is a British multinational software and information technology business based in Newbury, Berkshire, England. The firm provides software and consultancy. The company was listed on the London Stock Exchange until it was acquired by the Canadian software firm OpenText in January 2023.
Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Association, it was later acquired by Nationale-Nederlanden and from 1993 to 2009 was a subsidiary of the Dutch multinational ING Group under the name ING Canada. Intact Financial directly underwrites insurance through its subsidiary companies Intact Insurance and Belair Insurance, as well as operating additional brokerage, insurance service, and damage restoration subsidiaries. As of 2017, Intact was the largest provider of property and casualty insurance in Canada by annual premiums.
Alent plc is a supplier of surface treatment plating chemicals and electronics assembly materials. The company was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Platform Specialty Products in November 2015.
Paysafe Limited is a multinational online payments company. The group offers services both under the Paysafe brand and subsidiary brands that have become part of the group through several mergers and acquisitions, most notably Neteller, Skrill, Paysafecash and paysafecard.
Sir Martin Ellis Franklin, KGCN is a British American, Miami-based businessman. He is the founder and chairman of Element Solutions Inc.; co-founder and co-chairman of Nomad Foods Limited, and co-founder and former chairman of Jarden Corporation, which was sold to Newell Brands in 2016. Franklin is also the founder and CEO of Mariposa Capital, a Miami-based family investment firm; a director of Restaurant Brands International Inc.; chairman and controlling shareholder of Royal Oak Enterprises, LLC, and is a principal and executive officer of several other private investment entities.
UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers pesticides. Headquartered in Mumbai, Maharashtra, the company engages in both agro and non-agro activities. The agro-business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds, and other agricultural-related products. The non-agro segment includes manufacturing and marketing industrial chemicals and other nonagricultural products such as fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial & specialty chemicals, and nutrifeeds. UPL products are sold in 150+ countries.
