 | |
| Formerly | Platform Specialty Products Corporation (2013–2019) |
|---|---|
| Company type | Public company |
| |
| Founded | 2013 |
| Founder | Martin E. Franklin |
| Headquarters | 500 East Broward Blvd., , U.S. |
Key people | Benjamin Gliklich, CEO [2] |
| Products | Specialty Chemicals, technical services [1] |
| Revenue |
|
Number of employees | 5,300 [3] (2024) |
| 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]
In July, 2018, United Phosphorus Limited announced the 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. [7] In 2019, the company changed its name to Element Solutions Inc. from Platform Specialty Chemicals. [8] It is now listed as ESI on the New York Stock Exchange. [2] [5]
In March 2025, Element Solutions was added to the S&P SmallCap 600 Index. [9]
Element Solutions manufactures and supplies specialty chemicals for a broad range of solutions, including mobile phones, consumer electronics, communication infrastructure, automobile, industrial surface finishing, consumer packaging and offshore oil production and drilling. [10] [11]
Element Solutions operates in two segments: Electronics and Industrial & Specialty.
The Electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, including complex printed circuit board designs and advanced semiconductor packaging. The Company’s wet chemistries for metallization, surface treatments and solderable finishes are leveraged in the electronics manufacturing process in mobile communications, computers, automobiles and aerospace equipment.
The Industrial & Specialty segment researches, formulates and sells specialty chemicals and material process technologies that enhance surfaces or improve industrial processes. The products include chemical systems that protect and decorate metal and plastic surfaces, and chemistries used in water-based hydraulic control fluids for offshore energy productions.
The Company owns a number of subsidiaries, which go to market under different brands, including MacDermid Enthone, MacDermid Offshore Solutions, MacDermid Alpha Electronics Solutions, Compugraphics, Fernox, Electrolube and Kester.
Element Solutions has 63 manufacturing and R&D sites in 18 countries. [12]
Element Solutions has completed a number of transactions during its history, having purchased several specialty chemicals companies from 2013 through 2025:
During a July 2024 interview on Bloomberg TV, Element Solutions’ Chief Executive Officer Benjamin Gliklich said there is “an opportunity for incremental M&A” to build out its advanced electronics business and wants to fund future M&A opportunities through cash flows. [22]
On February 28, 2025, Element Solutions sold its flexographic printing plate business, MacDermid Graphics Solutions, for $323 million. [23]
