Elkem ASA

Elkem ASA, established in 1904 in Norway, is a global leader in silicon-based materials with over 7,300 employees across 30 sites. Specializing in advanced solutions for battery technology, electric vehicles, and diverse industries, Elkem emphasizes sustainable and innovative production practices.

Company Location

Country:

Norway

City:

Oslo

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Company Overview

Elkem ASA, founded in 1904 and headquartered in Oslo, Norway, is a global provider of advanced silicon-based materials. The company produces silicones, silicon, ferrosilicon, foundry alloys, carbon materials and microsilica. With over 7,300 employees across 30 production sites worldwide, it serves mobility, healthcare, construction, digital communication and energy storage sectors. Elkem focuses on sustainable production practices and innovative solutions to advance the battery and electric vehicle industries.

Battery Technology

Elkem develops graphite-silicon composite anodes and advanced anode materials via its subsidiary Vianode, reducing emissions by over 90% compared to traditional methods. Its graphite-silicon composite technology enhances lithium-ion energy storage while mitigating silicon expansion. Elkem’s BLUESILTM RT Foam and BLUESILTM ESA silicone solutions provide thermal management and fire resistance for electric vehicle battery packs. The company also offers dispensable sealing and bonding materials engineered for automated battery assembly under extreme conditions.

Products

Vianode sustainable active anode materials, graphite-silicon composite anodes, BLUESILTM RT Foam and BLUESILTM ESA silicone thermal management products, and dispensable sealing and bonding solutions for battery assembly.

Recent Projects

In 2025 Elkem initiated a strategic review of its Silicones division resulting in an operating income of NOK 10,962 million and EBITDA of NOK 145 million as of 2024. The company participates in PFAS phase-out discussions for medical devices to support environmental compliance.

Investors

Elkem ASA is a subsidiary of Bluestar Elkem International Co Ltd SA (part of China National Bluestar Group) and is publicly listed on the Oslo Stock Exchange (ELK). In the Vianode joint venture, Elkem holds 40.0% ownership, while Hydro and Altor Equity Partners each hold 30.0%.

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