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Elkem ASA


About Elkem

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

The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity.

Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities.

With a strong track record since 1904, its global team of more than 7,000 people has a joint commitment to stakeholders: Delivering your potential.

In 2021, Elkem obtained a Platinum score from EcoVadis, which rated the company among the world's top 1% on sustainability transparency, and the company achieved an operating income of NOK 33.7 billion.

Elkem is listed on the Oslo Stock Exchange (ticker: ELK) and is included in the OBX® ESG index, a selection of 40 blue-chip companies listed in Norway demonstrating best Environmental, Social and Governance (ESG) practices.



Our history

Elkem started as a Norwegian company founded in 1904 by Sam Eyde, representing strong industrial traditions and continuous improvement.

The chemical business in France was integrated in 2015 adding a strong culture for specialisation, innovation and R&D.

Our presence in China was significantly expanded in 2017, adding to the dynamic and agile business perspective, and positioning for the Asian market.

Today, Elkem is a global provider of advanced material solutions, with more than 6,800 employees and 29 production sites worldwide.
Anniversary and Creative Power

At the anniversary in 2004, we commissioned Professor Knut Sogner to write the history of Elkem, resulting in the comprehensive and intriguing book «Skaperkraft» (Creative Power). The book describes a century of initiative, determination and success, as well as disappointment and even despair.

In summary this is a story of a company with a long-term commitment to technological development. Knut Sogner adapted his book into a short English version in 2004, and he updated it with a new chapter portraying the last ten years



Back to the roots

After being acquired by Orkla in 2005, selling off the aluminium and power businesses, and being acquired by China National Bluestar in 2011, Elkem has now returned its main focus to the business areas that started with the invention of the Söderberg electrode in 1917.

With the sustainable and innovative production of silicones, silicon for renewable energy, silicon-based alloys and carbon products, we are looking to strengthen our position in key markets as well as to expand in new parts of the world.

At Oslo Børs

In June 2017 Elkem assumed management responsibility of Xinghuo Silicones, a silicones producer, and Yongdeng Silicon Materials, a silicon producer.

The two plants now form part of Elkem's silicon value chain, from quarts to downstream silicones specialities, and gives Elkem increased access to the Chinese market.

In March 2018 Elkem became listed on Oslo Børs again, Elkem ASA.

As Elkem turns another decade, there are great opportunities ahead – with a focus on advanced materials shaping a better and more sustainable future, and a strategy of growth driven by operational excellence and increased specialisation.




Mission and values

Elkem's mission is to provide advanced material solutions shaping a better and more sustainable future, adding value to our stakeholders globally.

Elkem develops its business in accordance with the UN Sustainable Development Goals and the Paris agreement.

Our strategy is to drive growth through operational excellence and increased specialisation.

Our commitment to stakeholders: Delivering your potential.
Our values guide our work

Elkem's values form the foundation for the way we do business. Our dedicated employees base their work on involvement, respect, precision and continuous improvement.

Involvement commits people. We know that only people can identify problems and opportunities and find solutions. By involving colleagues, customers and other stakeholders, and by being transparent and committed to teamwork, we increase our ability to learn and develop new solutions.

We respect the law, the environment, our employees, colleagues, customers, suppliers, owners, local communities and different cultures. Respect is about being fair, open and honest, trusting your colleagues and partners and appreciating diversity.

Commitment to precision expresses itself through our work to develop and follow standards of best practice and safe and stable production. By establishing work and safety standards, we can measure and continuously improve our performance.

We know that the value chain can always be improved. We do this through experimenting, using new technology and looking for ways to eliminating waste. Continuous improvement means that we are always looking for improvement potential, keeping an open mind and always ready to learn and share our knowledge.


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