Construction of a new production workshop for silicone fluids at Xinghuo site
Shanghai, March 18, 2021 - Today, the worldwide leading integrated silicones provider, Elkem Silicones marked the start of construction of a new workshop producing low viscosity silicone fluids for the personal care and textile & leather markets in Asia Pacific. This new production workshop is located at its Xinghuo site, the largest silicones manufacturing site in China, and is scheduled to open in January 2022. The investment was announced on 10 February.
“The new workshop is a key strategic investment for Elkem as it seeks to continuously expand our personal care and textile & leather markets across the globe and notably in the fast-growing Asia Pacific region. When in full operation, the new workshop will have a capacity of eleven thousand tons per year.” said Frederic Jacquin, Senior Vice President of Elkem Silicones, “The large availability of upstream intermediates in our Xinghuo plant and the very high growth rate of both markets in Asia Pacific region were the 2 key elements which decided the location of this new investment.”
Gilles Champion, Global Business Manager for personal care of Elkem Silicones said:” The global demand for low viscosity silicone linear fluids is fast increasing in the context of the new European regulations which will restrict the use of silicone cyclics in all personal care formulations. Elkem aims to be ahead of new regulations and offer sustainable solutions to customers, our production expansion will enable us to adapt to a major technology shift and meet this challenge.”
Leo Di, Global Business Manager for textile and leather of Elkem Silicones added: “Asia is the largest textile market in the world, with this new facility, we will have a better proximity to Asia and will also enable Elkem Silicones to capture new opportunities in this largest and growing market.”
The new workshop will equip state-of-the-art facilities including a clean room for automatic packaging, which will secure the purity and high quality of the fluids.
About Elkem ASA
Founded in 1904, Elkem is one of the world's leading suppliers of silicon-based advanced materials with operations throughout the value chain from quartz to specialty silicones, as well as attractive market positions in specialty ferrosilicon alloys and carbon materials. Elkem is a publicly listed company on the Oslo Stock Exchange (ticker code: ELK) and is headquartered in Oslo. The company has more than 6,370 employees with 29 production sites and an extensive network of sales offices worldwide. In 2019 Elkem had revenues of NOK 22.7 billion.