Elkem ASA Overview
Company Headquarters: Oslo, Norway
Founded: 1904
Workforce: ~7,000
Company Working: Elkem ASA is one of the world’s fully integrated silicone manufacturers, with R&I laboratories, production sites, and sales offices located in Europe, North America, Latin America, and Asia Pacific. The company has 12 plants across Norway, China, Iceland, Canada, India, Paraguay, and the United Kingdom. In addition, several R&D centers, quartz mines, processing sites and an extensive global sourcing and sales network contribute to its global reach. The company operates through 3 major segments, namely, Elkem silicones, Elkem silicon products, and Elkem carbon solutions. It offers textile coating systems under its silicones segment.
Strategy
The company aims to meet future ambitions through three corporate initiatives in the fields of digital transformation, ESG, and people. The company is focused on investments across its business areas along with expansion in key regions such as Asia. R&D initiatives are crucial in order to generate innovative items for new market demands, and these efforts include energy-efficient production techniques and ecologically friendly goods. The projects overseen by Elkem R&D are focused on this global value chain optimization, which is also the cornerstone of Elkem's business strategy.
