Elkem's First quarter 2023: Good result, but impacted by more challenging markets
Oslo, Norway, April 28, 2023 /PRNewswire/ -- In the first quarter 2023, Elkem delivered a good result, based on strong performance from the Silicon Products division and the Carbon Solutions division. The result for the Silicones division was weak, impacted by more challenging market conditions. ...
Elkem ASA - Annual report for 2022
OSLO, Norway, March 21, 2023 /PRNewswire/ -- Elkem ASA has today published its annual report, including the ESG report, for the financial year ended31 December 2022. In his letter to shareholders, Elkem's CEO Helge Aasen writes: "Elkem continued to benefit from exceptionally strong markets in 20...
Fourth quarter 2022 concludes a record year for Elkem
OSLO, Norway, Feb. 8, 2023 /PRNewswire/ -- In the fourth quarter 2022, Elkem delivered a good result, based on strong performance from the Silicon Products division and the Carbon Solutions division. The quarter concludes a strong year for Elkem with an all-time high operating revenue and result....
World's first carbon capture pilot for smelters inaugurated at Elkem in Rana, Norway
RANA, Norway, Jan. 20, 2023 /PRNewswire/ -- Today, the world's first carbon capture pilot for smelters has been officially inaugurated. The Mobile Test Unit (MTU), delivered by Aker Carbon Capture, is now connected to Elkem's plant in Rana,Norway, which produces high-purity ferrosilicon and micro...
Elkem - Third quarter 2022: Strong results, despite weaker market conditions
OSLO, Norway, Oct. 26, 2022 /PRNewswire/ -- In the third quarter 2022, Elkem delivered strong quarterly results despite weaker market conditions. The Silicon Products division and the Carbon Solutions division continue to deliver excellent results due to superior cost and market positions. Elkem'...
Vianode invests NOK 2 billion in battery materials plant in Norway
OSLO, Norway, Sept. 21, 2022 /PRNewswire/ -- Vianode, a company owned by Elkem, Hydro and Altor, has decided to invest in its first industrial-scale plant for sustainable battery materials at Herøya inNorway. The investment of around NOK 2 billion will create new industrial jobs and provide cri...
Second quarter 2022: Another record result
OSLO, Norway, July 19, 2022 /PRNewswire/ -- In the second quarter 2022, Elkem delivered the 7th consecutive quarter with improved EBITDA results, again reaching a new all-time high. The results were particularly driven by strong performance for the Silicon Products division. In addition, the Carb...
Elkem ASA - A record fourth quarter concludes Elkem's best year ever
OSLO, Norway, Feb. 9, 2022 /PRNewswire/ -- In the fourth quarter 2021, Elkem has again delivered new record results. Strong market conditions, combined with an integrated business model and attractive market positions, have provided the basis for Elkem's best year ever. The board of directors has...
Elkem ASA - Record results in extraordinary markets
OSLO, Norway, Oct. 27, 2021 /PRNewswire/ -- In the third quarter 2021, Elkem delivered its best quarterly result ever, with earnings more than four times higher than the same period last year (EBITDA). Market conditions have been extraordinary with all-time high prices across several products lin...
Elkem launches global climate roadmap: Reducing emissions towards net zero while growing supplies to the green transition
STOCKHOLM, Oct. 13, 2021 /PRNewswire/ -- Elkem, a global leader in silicon-based advanced materials, today announces a new climate roadmap detailing how the company plans to develop its business in line with the aim of theParis agreement of limiting global warming to well below two degrees. The ...
Strong quarterly result and good market conditions
STOCKHOLM, July 16, 2021 /PRNewswire/ -- In the second quarter of 2021, Elkem delivered all-time high operating income for the third consecutive quarter and another strong quarterly result. Market conditions are good in all of Elkem's main markets with strong demand and high prices. The group's f...
Elkem ASA - Private Placement successfully completed
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Delivering on growth and profitability - strategic expansion in China
STOCKHOLM, April 27, 2021 /PRNewswire/ -- In the first quarter of 2021, Elkem delivered all-time high operating income and the best quarterly result since the third quarter 2018. The strong results reflected Elkem's growth and specialisation strategy in a market with attractive fundamentals and i...
