Elkem

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Elkem Initiates Strategic Review of Silicones Division

Elkem, a Norwegian manufacturer of silicon-based advanced materials, has initiated a strategic review of its Silicones division. The review is initiated with a target to streamline Elkem, as well as to enable the allocation of capital to accelerate growth in the Silicon Products and Carbon Solutions divisions.

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Elkem Buys French Silicones Plant

Elkem, a Norwegian manufacturer of silicon-based advanced materials, has agreed to buy a brand-new production plant near Lyon in France. The identity of the seller was not disclosed but Elkem said the purchase price is in the low double-digit millions of euros.

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