Today, Elkem Silicones, one of the worldwide integrated silicones leader, announces to inaugurate a new production line for silicones rubber at its Xinghuo site in Jiangxi province, China. The new investment with annual capacity of 2 digits thousands metric tons will help to support Elkem Silicones strong business growth in Asia. This new investment strengthens the company's production capabilities and solidifies its leadership position in the rubber industry.
"This new state-of-art facility will further improve our high consistency silicone rubber (HCR) production capabilities in delivering consistent and reliable supply to our customers in Asia Pacific," said Larry Zhang, Elkem Silicones Vice President and Asia Pacific Director. "China is the largest silicones market and the growth driver for Elkem Silicones. This new production line at the same time confirms our determination to continuously invest in China to support the sustainable growth of our customers in this fast-growing region".
This new production line is located in downstream area of Elkem Silicones' Xinghuo site, Jiangxi province. This site also hosts the largest siloxane production facility in Asia. The integrated manufacturing from upstream raw materials to downstream high consistency silicone rubber production, will ensure the consistent high quality of Elkem Silicones rubber products. Thanks to this new facility and its latest production technology and process control system it will improve the lead time and manufacturing efficiency for quick response to customers' needs.
Martial DERUELLE, Elkem Silicones Global Business Manager of Rubber underscored, "high consistency silicone rubber is applied widely in diverse markets such as automotive, healthcare, consumer goods and energy, the demand in China and Asia is growing quickly thanks to the strong organic economic growth, and the fast development of new emerging markets such as electric vehicles and 3D printing. We are excited to be part of these dynamic markets and satisfy our customers and partners' needs through this investment in Xinghuo, China".
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, and is headquartered in Oslo. The company has 6200 employees with 29 production sites and sales offices in a total of 28 countries worldwide. In 2018 Elkem had revenues of 25.9 billion NOK. To learn more, please visit www.elkem.com