Elkem

Elkem's Collaborative REPOS Project Awarded 2023 Cefic Circularity Commendation

Retrieved on: 
Wednesday, November 29, 2023
Carbon, Oil, Recycling, IMP, Publication, Saint-Fons, CNRS, Reuse, Patent, CP2, Responsible Care, Catalysis, European Chemical Industry Council, Depolymerization, Polymerization, Silicone, Process, Renewable energy, Petrochemical, Fine chemical, Circularity, Elkem

Elkem's collaborative Resourcing Silicones Polymers (REPOS) project was the only initiative that received commendation in the category of Circularity.

Key Points: 
  • Elkem's collaborative Resourcing Silicones Polymers (REPOS) project was the only initiative that received commendation in the category of Circularity.
  • Innovation for such a sweeping change to the silicones value chain will require collaboration, with implications for industrial, customer and consumer users of silicones.
  • Its success will help meet societal expectations for circularity as well as industry and regulatory objectives to increase the recycled content of products.
  • The next phase of REPOS will focus on piloting and scaling up these new technologies for industrialization.

Asia-Pacific Construction Silicones Market Insights Report 2023-2028: Key Vendors are Dow, Wacker Chemie, Shin-Etsu Chemical, Momentive Performance Materials, Elkem, & Evonik Industries - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 24, 2023
Other Construction & Property, Construction & Property, Other Manufacturing, Manufacturing, Astral, Sale, Evonik Industries, Elkem, BASF, Daikin, Growth, BASF SE, SE, Momentive, Pidilite Industries, Sika AG, Renewable energy

This report presents market size and revenue forecasts for the construction silicones market in the Asia-Pacific (APAC) region.

Key Points: 
  • This report presents market size and revenue forecasts for the construction silicones market in the Asia-Pacific (APAC) region.
  • The report encompasses revenue generated from the sale of construction silicones and provides a comprehensive analysis of the current market scenario in APAC, including market size, anticipated forecasts, relevant market segmentations, and industry trends.
  • The construction sector is witnessing a boom in high-rise building projects, which further fuels the demand for construction silicones.
  • In the APAC construction silicones market, the commercial sector, particularly energy-efficient buildings, represents the largest market segment.

Third quarter 2023: Weak profitability due to weak markets and one-offs - Elkem

Retrieved on: 
Wednesday, October 25, 2023
Carbon, Silicone, Silicon, Tax, Public expenditure, Metal, EBITDA, Maintenance, EPS, NOK, CO2, Depreciation, Investment, Renewable energy, Iron ore, Elkem

Relevant measures are taken to reduce costs and adjust investment plans to reflect the weak market conditions.

Key Points: 
  • Relevant measures are taken to reduce costs and adjust investment plans to reflect the weak market conditions.
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 535 million in the quarter, compared NOK 3,302 million in third quarter last year.
  • The markets in EMEA and Americas are still weak, although there are signs of improvement in some segments.
  • The reference prices for silicon and ferrosilicon declined in third quarter and this will impact contract prices in the fourth quarter.

Third quarter 2023: Weak profitability due to weak markets and one-offs - Elkem

Retrieved on: 
Wednesday, October 25, 2023
Carbon, Silicone, Silicon, Tax, Public expenditure, Metal, EBITDA, Maintenance, EPS, NOK, CO2, Depreciation, Investment, Renewable energy, Iron ore, Elkem

Relevant measures are taken to reduce costs and adjust investment plans to reflect the weak market conditions.

Key Points: 
  • Relevant measures are taken to reduce costs and adjust investment plans to reflect the weak market conditions.
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 535 million in the quarter, compared NOK 3,302 million in third quarter last year.
  • The markets in EMEA and Americas are still weak, although there are signs of improvement in some segments.
  • The reference prices for silicon and ferrosilicon declined in third quarter and this will impact contract prices in the fourth quarter.

Elkem to Showcase its Thermal Protection and Battery Assembly Solutions at The Battery Show NA, Booth #2445

Retrieved on: 
Wednesday, September 6, 2023
Electric vehicle, Booth, Literature, EV, Patent, Agility, Elkem

The company will showcase its extensive range of thermal protection and battery assembly solutions at Booth #2445.

Key Points: 
  • The company will showcase its extensive range of thermal protection and battery assembly solutions at Booth #2445.
  • Attendees will experience hands-on displays and literature covering a wide range of Elkem's innovative silicones solutions.
  • "Our proven battery technology solutions protect over 2 million EV battery packs on the road today with 60 billion miles driven," added Albaugh.
  • Elkem's silicone thermal insulating materials and their use in EV batteries are protected by patents US10,501,597 B2 & US11,261,309 B2 and patent applications US2022081529 & US2023203265.

Elkem launches UV Hg and UV LED curable silicone solutions for sustainable release coatings

Retrieved on: 
Monday, August 28, 2023
UV, Radiation, Safety, Label, Mercury, Elkem, 3D printing, Paint, Adhesive

Elkem is one of the world's leading suppliers of silicon-based advanced material solutions shaping a better and more sustainable future.

Key Points: 
  • Elkem is one of the world's leading suppliers of silicon-based advanced material solutions shaping a better and more sustainable future.
  • Elkem is offering silicone release coatings in the widest range of formats, including solvent-based, water-dilutable emulsion formulations, solventless thermal and UV.
  • To support the Label Industry in its transition to a more sustainable footprint, and the conversion to UV LED curing, Elkem introduces new UV LED curable silicone solutions, SILCOLEASE™ UV LED Series.
  • SILCOLEASE™ UV LED systems utilizing Elkem photoinitiator demonstrate excellent cure and physical properties for more sustainable release coatings.

Elkem's Second quarter 2023: An overall good performance in weak markets

Retrieved on: 
Friday, July 14, 2023
Carbon, Maintenance, Silicone, Tax, Thamshavn, VUM, Plant, Silicon, EBITDA, Acquisition, Depreciation, Growth, EPS, AI, NOK, Fine chemical, Renewable energy, Elkem

OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.

Key Points: 
  • OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 1,039 million in the quarter, compared an all-time high EBITDA of NOK 3,924 million in second quarter last year.
  • Under these conditions, we are pleased to deliver an overall good performance in the second quarter.
  • Carbon Solutions' result is expected to remain at a good level, despite weak markets.

Elkem's Second quarter 2023: An overall good performance in weak markets

Retrieved on: 
Friday, July 14, 2023
Carbon, Maintenance, Silicone, Tax, Thamshavn, VUM, Plant, Silicon, EBITDA, Acquisition, Depreciation, Growth, EPS, AI, NOK, Fine chemical, Renewable energy, Elkem

OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.

Key Points: 
  • OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 1,039 million in the quarter, compared an all-time high EBITDA of NOK 3,924 million in second quarter last year.
  • Under these conditions, we are pleased to deliver an overall good performance in the second quarter.
  • Carbon Solutions' result is expected to remain at a good level, despite weak markets.

Elkem acquires VUM to further expand customer offering in Carbon Solutions

Retrieved on: 
Friday, June 9, 2023
Carbon, ASA, Metal, Elkem, Electricity, VUM, Acquisition, Growth, Research, NOK, Retail, Aluminium, Renewable energy

OSLO, Norway, June 9, 2023 /PRNewswire/ -- Elkem ASA has acquired VUM, a Slovak producer of carbon materials.

Key Points: 
  • OSLO, Norway, June 9, 2023 /PRNewswire/ -- Elkem ASA has acquired VUM, a Slovak producer of carbon materials.
  • "With the acquisition of VUM, Elkem continues to deliver on its strategy of growth and specialisation.
  • Elkem will provide VUM with resources and best-in-class industry expertise to improve efficiency, value offering and economies of scale.
  • With the transaction complete, VUM will rebrand and operate under Elkem Carbon AS, a wholly-owned subsidiary of Elkem ASA.

Burkhard Straube joins Vianode as new CEO

Retrieved on: 
Monday, May 15, 2023
Carbon, Metallurgy, Elkem, Altor, Battery, Corporate Technology Directory, Head, Burchard, Doctor of Philosophy, SGL Carbon, Plant, Vehicle registration plates of Nepal, BASF, Growth, Safety, DyStar, Management, Renewable energy, Norsk Hydro

Burkhard Straube is currently the President of the Graphite Solutions Business Unit at SGL Carbon, a position he has held since 2015.

Key Points: 
  • Burkhard Straube is currently the President of the Graphite Solutions Business Unit at SGL Carbon, a position he has held since 2015.
  • Straube, who has extensive international leadership experience from SGL Carbon, BASF and DyStar, will begin as Vianode CEO on 1 October 2023.
  • Backed by three strong owners, Elkem, Norsk Hydro and Altor, I am impressed with what Vianode has done so far and really looking forward to becoming a part of the Vianode team," says Burkhard Straube.
  • Hans Erik Vatne will join Vianode effective 15 May and replaces Asbjørn Søvik as interim CEO, till Straube joins as permanent CEO and Vatne continues as COO.