Element Solutions (ESI) Fireside Chat summary

Introduction and agenda

• The session began with a facility tour and an overview of the electronics business, followed by a slide presentation and Q&A.

Background and experience of the speaker

• The CEO has been with the company for about a decade, half as CEO, and has overseen significant business evolution.

Current industry trends

• Electronics business is a critical enabler in high-value electronics, with a global footprint and strong growth in semiconductors.

• The market is recovering from the worst electronics downturn in a generation, with acceleration expected into 2024.

• Heterogeneous integration and advanced packaging are driving higher chip volumes and complexity.

• AI, automation, and new tech applications are secular demand drivers, supplementing recovery in base markets like smartphones and industrial electronics.

• Geopolitical shifts are prompting a China plus one strategy, with manufacturing expanding to Southeast Asia and Mexico.

• Government incentives like the CHIPS Act are stimulating incremental investment and capacity, providing tailwinds.