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Elkem Expands Organo-functional Silicone Production February 16, 2021 Contact Author Michele Behrens Close Elkem has acquired a plant in France to accelerate growth in specialized organo-functional silicones. Sponsored
Elkem has signed an agreement to acquire a new plant near Lyon in France, which is custom-designed for producing specialized organo-functional silicones (OFS). As production is expected by the end of the year, the acquisition supports Elkem’s strategy of growth and specialization for silicones. Organo-functional silicones combine the performance of silicones with the functionality, compatibility and potential reactivity of organic materials. According to the company, the advanced processing produces OFS products with specialized properties. ....
Elkem acquires new plant in France to accelerate growth in specialised silicones – CIE cieonline.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cieonline.co.uk Daily Mail and Mail on Sunday newspapers.
Elkem extends specialty silicones reach with acquisition Rubber & Plastics News Staff Print Oslo, Norway Looking to expand the reach of its specialty silicones segment, Norway-based Elkem will acquire a facility in Lyon, France, for production of organo-functional silicones. Elkem said it has signed an agreement to purchase the facility, at a cost of low double-digit million of Euros. An Elkem spokesman said the firm couldn’t reveal the seller’s name because the sales agreement calls for confidentiality. With this acquisition, Elkem continues to deliver on our growth and specialization strategy, Michael Koenig, CEO of Elkem, said in a news release. This new plant will enable us to more quickly extend our offerings within advanced high value products for attractive specialty markets, further strengthening our position as one of the world s leaders in fully integrated silicone manufacturing. ....
The purchase price is in the low double-digit millions of euros, and production is expected by the end of the year. ‘With this acquisition, Elkem continues to deliver on our growth and specialization strategy. This new plant will enable us to more quickly extend our offerings within advanced high-value products for attractive specialty markets, further strengthening our ....
STOCKHOLM, Feb. 10, 2021 /PRNewswire/ Elkem has signed an agreement to acquire a brand-new plant near Lyon in France, custom-designed for producing highly specialised organo-functional silicones ....