Elkem Reviews Silicones Division Amid Market Challenges

Post Views: 378 Elkem Elkem launches a review of its silicones division. This streamlines operations. They reallocate capital. This shifts focus to silicon products and carbon solutions. The silicones market faces challenges. Overcapacities in China and weak consumer markets impact operations.   Strategic Reallocation in a Dynamic Market Elkem runs nine silicone sites globally. Sites are in Europe, Asia, the US, and Brazil. Key sites locate in France and China. Elkem invested NKr4.4bn. Capacity increased by 140,000 t/yr in 2024. Chinese improvements finished in May. The French project com...