Elkem is a company that produces silicones, silicon, alloys for the foundry industry, carbon and microsilica, and other materials. Elkem was founded in 1904, has more than 7,000 employees and fields 30 production sites worldwide. Elkem has an operating income of NOK 33.7 billion. Elkem is responsible for a total of 2.52 million tonnes of scope 1 emissions in 2021. Elkem is listed on the Oslo Stock Exchange (ticker: ELK).

History

Elkem was founded in 1904 by the industrial entrepreneur Sam Eyde (1866 – 1940). He named the company Det Norske Aktieselskap for Elektrokemisk Industri (Elektrokemisk), and the goal was to create an international industry company based on Norwegian natural resources. In 1917 a ferroalloy plant was acquired and Elkem started production of the Söderberg electrode. Throughout the 1960s and beyond Elkem expanded, primarily in Norway within aluminium, mining and finished products. In 1972 the company merged with

Christiania Spigerverk Christiania Spigerverk is a steel company which was founded in Oslo in 1853 and developed into one of the largest industrial companies in Norway. In 1972 Christiania Spigerverk combined with Elkem, to become Elkem Spigerverket. It was sold to No ...

and continued with an international expansion within ferroalloys and

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...

. In 1981-84 Elkem acquired Union Carbides plants in Norway and North America and in 1986 the plants at Thamshavn and Bjølvefossen. In the 2000s Elkem had acquired Icelandic Alloy, Remi Claeys Aluminium and

Sapa The South African Press Association (SAPA) was the national news agency of South Africa until its closure in 2015. History The agency was established on 1 July 1938 by major South African newspapers to facilitate the sharing of news. Reuters had ...

. In January 2011 Orkla ASA signed a binding agreement with China National Bluestar Group to sell Elkem, including Elkem Silicon Materials, Elkem Foundry Products, Elkem Carbon and Elkem Solar for a sales price of $2 billion. The deal excluded 85 percent of the hydroelectric power company Elkem Energi AS, which remained with Orkla. In June 2017 Elkem assumed management responsibility of Xinghou Silicones, a silicones producer, and Yongdeng Silicon Materials, a silicon producer. Elkem became publicly listed on the

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

in March 2018. Helge Aasen has been the Chief Executive Officer since 2021. As of 31,12.2021, the China National BlueStar-controlled company Bluestar Elkem Int.Co.LTD S.A is Elkem's largest shareholder, with 52.91 per cent of the shares, ahead of Folketrygdfondet (4.59 per cent) and Alfred Berg Kapitalforvaltning (3.51 per cent)

Operations

Silicones

The Elkem Silicones division has thirteen plants: Xinghuo Silicones (China), Roussillon (France), Saint-Fons (France), Caronno (Italy), Lubeck (Germany), Santa Perpetua (Spain), Joinville (Brazil), York (USA), Janghang (South Korea), Chakan (India), Guangdong and Shanghai (China).

Silicon products

Elkem Silicon Products has silicon plants at

Bremanger Bremanger is a municipality in Vestland county, Norway. The village of Svelgen is the administrative centre of the municipality. Other villages include Bremanger, Berle, Davik, Isane, Kalvåg, Svelgen, Rugsund, and Ålfoten. Bremanger is the ...

, Salten, Bjølvefossen and Thamshavn in Norway, Chicoutimi ( Quebec, Canada), Grundartangi ( Iceland), Limpio (Paraguay), Nagpur ( India) and at Elkem Foundry

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

(EFC) and Yongdeng. The division also has a special focus on raw materials sourcing and are operating two quartz mines in Norway, Tana and Mårnes, and four quartz mines in Spain, Explotacion de Rocas Industriales y Minerals SA (Erimsa).

Carbon products

Elkem Carbon Solutions is the world’s largest producer of electrically calcined

anthracite Anthracite, also known as hard coal, and black coal, is a hard, compact variety of coal that has a submetallic luster. It has the highest carbon content, the fewest impurities, and the highest energy density of all types of coal and is the hig ...

and electrode paste, which are necessary in the manufacturing process for steel, aluminium, silicon, ferrosilicon and other metals. There are production plants at Kristiansand (Norway),

Shizuishan City Shizuishan, formerly Shizuizi, is a prefecture-level city in the Ningxia Hui Autonomous Region of the People's Republic of China. It is the northernmost prefecture in Ningxia and the second most populous, after the regional capital Yinchuan, bord ...

(

), Ferroveld ( South Africa), Sarawak (Malaysia) and Vitória ( Brazil).

References