Elkem
Founded2 January 1904 Edit this on Wikidata
Headquarters
Norway Edit this on Wikidata
Revenue22,668,000,000 Norwegian krone (2019) Edit this on Wikidata
1,189,000,000 Norwegian krone (2019) Edit this on Wikidata
Number of employees
7,000

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[citation needed]. Elkem has an operating income of NOK 33.7 billion[citation needed]. Elkem is responsible for a total of 2.52 million tonnes of scope 1 emissions in 2021[citation needed]. Elkem is listed on the Oslo Stock Exchange (ticker: ELK).[1]

Elkem manufactures silicone and carbon products.

History

Elkem was founded in 1904 by the industrial entrepreneur Sam Eyde (1866 – 1940). In 1917 a ferroalloy plant was acquired and Elkem started production of the Söderberg electrode.[2]

In 1972 the company merged with Christiania Spigerverk. 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.[3]

In January 2011 Elkem was sold to China National Bluestar Group.[4]

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% of the shares, ahead of Folketrygdfondet (4.59%) and Alfred Berg Kapitalforvaltning (3.51%) [1]

See also

References

  1. ^ a b "Elkem". Elkem.com.
  2. ^ Sogner, Knut (2014). Creative Power. Oslo: Messel Forlag AS. pp. 11–13. ISBN 9788276311242.
  3. ^ Gram, Trond. "Elkem ASA". Store Norske Leksikon. Stpre Norske Leksikon. Retrieved 26 June 2018.
  4. ^ "Orkla sells Elkem to China National Bluestar". Wallstreet Online. 11 January 2011. Retrieved 26 February 2018.
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