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BUZZ-Elementis: Gloomy outlook puts stock on track for worst day in 6 years

Reuters - UK Focus

** Chemicals maker Elementis (LSE: ELM.L - news) down 13.2 pct and poised for its worst day since April 2009 after co says full-year EPS to fall short of Street view

** Stock is worst performer across the Stoxx 600

** Co cites capex cuts in oil sector particularly on North American projects

** Demand in China for coatings additives also weakened in Q2

** Wednesday's drop has wiped out more than half of the stock's gains from the Oct 2014 lows (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)