In 2014, we marked 110 years since Sam Eyde, Knut Tillberg and the Wallenberg brothers met in Stockholm to form a company with the goal to become a major industrial company with an international outlook. Over these 110 years, Elkem has contributed to many pioneering advances within the metallurgical industry that have led to growth and progress for all our stakeholders and society at large.
At the centenary 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 as story of a company with staying power long-term commitment to technological development. Knut Sogner adapted his book into a short English version in 2004 and we have asked him to update it with a new chapter portraying the last ten years. You can download the book here.
After being acquired by Orkla in 2005, selling off the aluminium and power businesses and then being acquired by China National Bluestar in 2011, Elkem has 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 silicon for solar 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. In June 2017 Elkem assumed management responsibility of Xinghou 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. On 26 February Elkem announced its intention to launch an Initial Public Offering (IPO) and apply for a listing of the company’s shares on Oslo Børs.
As Elkem turns another decade, there are great opportunities ahead, particularly with silicon being a key element in renewable energy solutions.