Element Solutions Inc (ESI): History, Ownership, Mission, How It Works & Makes Money

Ever wondered about the company behind the specialty chemicals that enhance the products we use every day? Element Solutions Inc. (ESI), a global specialty chemicals company with a market cap of $4.42 billion as of April 2025, plays a crucial role in various industries, from electronics to automotive. But how exactly did ESI become a key player in the specialty chemicals market, and what's the secret to their success? Keep reading to explore the history, ownership structure, mission, and business model that drive Element Solutions Inc.

Element Solutions Inc (ESI) History

Element Solutions Inc Founding Timeline

Year established

The company’s origins can be traced back to 1912 with the founding of the New Jersey Zinc Company.

Original location

The New Jersey Zinc Company was originally based in New Jersey, reflecting its early focus on zinc-related operations.

Founding team members

While the New Jersey Zinc Company marks an early beginning, the specific individuals who spearheaded its creation are not explicitly detailed in available resources. Over time, through various acquisitions and transformations, the company evolved, involving numerous leaders and teams.

Initial capital/funding

Details on the initial capital or funding for the New Jersey Zinc Company are not readily available in the provided resources.

Element Solutions Inc Evolution Milestones

Element Solutions Inc Transformative Moments

• Strategic Acquisitions: The acquisition of Chemtura by Platform Specialty Products was a transformative moment, significantly expanding the company's portfolio and market presence.
• Name Change and Rebranding: The decision to rebrand as Element Solutions Inc in 2019 signaled a strategic shift and a renewed focus on specialty solutions.
• Continued Growth and Divestitures: ESI has actively managed its portfolio through strategic acquisitions and divestitures, optimizing its business segments for enhanced performance and growth.

To gain deeper insights into the company's financial health, consider exploring: Breaking Down Element Solutions Inc (ESI) Financial Health: Key Insights for Investors

These transformative moments have collectively shaped Element Solutions Inc into the company it is today, with a strong emphasis on specialty solutions and strategic portfolio management.

Element Solutions Inc (ESI) Ownership Structure

Element Solutions Inc. features a mixed ownership structure, blending public shareholders with significant institutional holdings.

Element Solutions Inc's Current Status

Element Solutions Inc. is a publicly traded company, meaning its shares are available for purchase on the stock market by the general public. It is listed on the New York Stock Exchange (NYSE) under the ticker symbol ESI.

Element Solutions Inc's Ownership Breakdown

As Element Solutions Inc. is a publicly traded company, its ownership is distributed among various shareholders, including institutional investors, mutual funds, and individual investors. Here is an overview of the ownership breakdown:

Element Solutions Inc's Leadership

Element Solutions Inc. is guided by a team of experienced leaders who oversee the company's strategic direction and operations. As of April 2025, key members of the leadership team include:

• Benjamin Gliklich: Chairman of the Board
• Carey J. Dilliot: President and Chief Executive Officer
• Brian J. Lees: Executive Vice President and Chief Financial Officer

These individuals, along with other key executives, play a crucial role in shaping the company's strategy, driving growth, and ensuring its long-term success. To gain more insight into the values that drive the company, explore the Mission Statement, Vision, & Core Values of Element Solutions Inc (ESI).

Element Solutions Inc (ESI) Mission and Values

Element Solutions Inc is committed to providing specialty chemical solutions, with a focus on innovation and sustainability. The company's values emphasize integrity, customer focus, and teamwork.

Element Solutions Inc's Core Purpose

Official mission statement

Element Solutions Inc does not have a singular, official mission statement that is widely publicized. However, based on their business activities and stated values, their mission can be understood as:

• To deliver innovative and sustainable specialty chemical solutions that enhance the performance and value of their customers' products.
• To operate with integrity, fostering strong relationships with customers, employees, and communities.
• To drive growth and create value for shareholders through operational excellence and strategic investments.

Vision statement

Similarly, Element Solutions Inc does not have a specific, widely publicized vision statement. However, their vision can be inferred from their strategic goals and industry positioning:

• To be a global leader in providing specialty chemical solutions across diverse end markets.
• To be recognized for innovation, sustainability, and customer satisfaction.
• To create a high-performance culture that attracts, develops, and retains top talent.

Company slogan/tagline

Element Solutions Inc does not have a widely recognized official slogan or tagline. However, descriptions of the company and its activities suggest the following themes:

• 'Specialty Chemical Solutions for a Better World' – Emphasizing their focus on creating value through chemistry.
• 'Innovation. Performance. Sustainability.' – Highlighting key aspects of their business approach.

For more information on Element Solutions Inc's financial performance, see: Breaking Down Element Solutions Inc (ESI) Financial Health: Key Insights for Investors

Element Solutions Inc (ESI) How It Works

Element Solutions Inc operates as a specialty chemicals company, providing a broad range of solutions and services for diverse industries. The company formulates and delivers innovative chemical solutions that enhance the performance of products across various end-markets.

Element Solutions Inc's Product/Service Portfolio

Element Solutions Inc's Operational Framework

Element Solutions Inc. drives value creation through a multifaceted operational framework:

• Customer-Centric Approach: ESI focuses on understanding specific customer needs to deliver tailored solutions, fostering long-term partnerships.
• Research and Development: The company invests significantly in R&D to develop innovative chemical formulations and technologies, ensuring a competitive edge. In 2023, R&D expenses totaled $79.2 million, compared to $76.5 million in 2022 and $69.8 million in 2021.
• Global Manufacturing and Supply Chain: ESI operates a global network of manufacturing facilities and a robust supply chain to ensure efficient production and delivery of its products.
• Technical Support and Service: Providing comprehensive technical support and on-site services to help customers optimize their processes and achieve desired outcomes.
• Strategic Acquisitions: ESI strategically acquires companies to expand its product portfolio, technological capabilities, and geographic reach.

Explore more about the company's financial stability and growth in this detailed analysis: Breaking Down Element Solutions Inc (ESI) Financial Health: Key Insights for Investors

Element Solutions Inc's Strategic Advantages

Element Solutions Inc. maintains its competitive position through several key strategic advantages:

• Specialized Expertise: Deep technical knowledge and experience in developing and applying specialty chemical solutions.
• Broad Product Portfolio: A diverse range of products and services catering to multiple end-markets, reducing reliance on any single industry.
• Strong Customer Relationships: Long-standing relationships with key customers, built on trust and proven performance.
• Global Footprint: A worldwide presence enabling the company to serve multinational corporations and access high-growth markets.
• Innovation Culture: A strong emphasis on innovation, driving continuous improvement and the development of next-generation solutions.

In 2024, Element Solutions Inc. reported net sales of approximately $2.4 billion and adjusted EBITDA of around $550 million, reflecting its robust market position and operational efficiency.

Element Solutions Inc (ESI) How It Makes Money

Element Solutions Inc primarily generates revenue by providing specialty chemicals and materials used in a variety of industries, including electronics, industrial, and surface treatment.

Element Solutions Inc's Revenue Breakdown

While specific percentage breakdowns for each revenue stream can fluctuate annually, a general overview can be provided based on available information. The revenue streams are categorized by their respective segments: Performance Solutions and Industrial Solutions.

Element Solutions Inc's Business Economics

Element Solutions Inc operates with a business model focused on providing specialized chemical solutions. Here are key aspects of its business economics:

• Pricing Strategy: Pricing is often based on the value provided to customers, considering factors like performance improvements, cost savings, and regulatory compliance.
• Economic Drivers: The demand for Element Solutions Inc's products is driven by the manufacturing output and technological advancements in the end-use industries they serve.
• Gross Margins: The company typically maintains healthy gross margins due to the specialty nature of its products.

Element Solutions Inc's Financial Performance

Element Solutions Inc's financial performance can be assessed through the following key points:

• In the fiscal year 2024, Element Solutions Inc reported net sales of approximately $2.4 billion.
• Adjusted EBITDA stood at around $550 million, reflecting a strong profitability margin.
• The company focuses on strategic acquisitions to expand its product offerings and geographic reach, contributing to revenue growth.
• Element Solutions Inc actively manages its debt and cash flow to maintain a strong financial position.

More insights about the investors: Exploring Element Solutions Inc (ESI) Investor Profile: Who’s Buying and Why?

Element Solutions Inc (ESI) Market Position & Future Outlook

Element Solutions Inc. operates in the specialty chemicals industry, providing solutions across various sectors. The company's future outlook appears stable, focusing on strategic growth initiatives and leveraging its market position to capitalize on emerging opportunities. Learn more about Mission Statement, Vision, & Core Values of Element Solutions Inc (ESI).

Competitive Landscape

Opportunities & Challenges

Industry Position

Element Solutions Inc. maintains a strong position within the specialty chemicals market through:

• Product Innovation: Developing advanced formulations and solutions tailored to specific industry needs.
• Strategic Acquisitions: Expanding its portfolio and market reach through targeted acquisitions.
• Customer Focus: Building long-term relationships with key customers by providing value-added services and technical support.