Elkem supports pioneering local silicone supply chain in Saudi Arabia through strategic product integration

While Elkem is not a direct participant in the joint venture, the initiative will rely on its advanced silicone technologies to formulate locally specific solutions for key industrial sectors. This strategic collaboration enables Elkem to support the localization of silicone-based products in the country, contributing to more sustainable and responsive supply chains.

“This partnership reflects Elkem’s commitment to enabling regional access to high-performance silicone materials,” said Laurent Dumont, vice president for Global Business at Elkem. “By supplying our technologies to trusted partners, we help accelerate the localization of processing and distribution, improve delivery speed, shelf life and inventory availability for customers in the GCC region, while reducing the environmental footprint of long-distance logistics.”

The joint venture will focus on local processing and distribution of silicone-based materials, including compounds, defoamers, RTV-1 elastomers, and specialty fluids. These products critical applications in Saudi Arabia’s growing industrial landscape, such as:  

• Oil & Gas: Silicone antifoaming agents for upstream and downstream operations
• Energy: Electronics protection materials for photovoltaic systems
• Construction: Silicone sealants for glazing, facades and insulation
  
  

This initiative aligns with Saudi Arabia’s Vision 2030, a national transformation plan launched in 2020, which aims to diversify the economy and strengthen domestic industrial capabilities. With limited local silicone production and promising market potential, the joint venture positions Silstar and Saudi Multichem as key enablers of a sustainable, localized silicone value chain.

Elkem and its partners will be present at ADIPEC 2025, one of the world’s leading oil & gas industry events held from 3 to 6 November 2025 in Abu Dhabi, to engage with regional stakeholders and showcase the benefits of this strategic collaboration.

Silstar is a long-standing commercial business partner of Elkem Silicones, serving as the exclusive agent and distributor for Central Europe, Middle East and Africa (CEMEA). With deep expertise in silicone technologies and regional market dynamics, Silstar supports the development and distribution of advanced silicone solutions across a wide array of industrial sectors. To learn more, please visit: https://silstar.com.tr/

Saudi Multichem, a subsidiary of Al Saidi Trading & Industry, is a Saudi-based company specializing in the supply and formulation of chemical solutions for industrial applications. With a strong presence in the Gulf region, it provides tailored products and services to sectors such as oil & gas, petrochemicals, and construction, contributing to the Kingdom’s industrial growth and value chain localization goals. To learn more, please visit: https://saudi-multichem.com/

About Elkem
Elkem is one of the world’s leading providers of advanced silicon-based materials shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,200 people has a joint commitment to stakeholders: Delivering your potential. In 2024, Elkem achieved an operating income of NOK 33 billion. Elkem has been awarded top score of A on Forests and Water Security, and B on Climate Change from CDP. Elkem is listed on the Oslo Stock Exchange (ticker: ELK), where the company is also included in the ESG Index. www.elkem.com        

Media contact:
Quentin Clair
Elkem Silicones
[email protected]