Elkem ASA - Company Profile
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Elkem ASA (Elkem), a subsidiary of Bluestar Elkem International Co Ltd SA, is a metal manufacturing company. It offers silicon, silicones, ferrosilicon, foundry alloys, carbon materials and micro-silica products. The company's carbon products include cathode ramming pastes, lining materials, taphole and ladle materials, carbon electrodes, coal tar products, electrode paste, and cathode blocks. Elkem also supplies microsilica and metallurgic silicon to solar, aluminum, automotive, chemical, refractory and ceramics, electronic, engineering, building and construction and oilfield industries. The company has operations in Oslo and Kristiansand, Norway. Elkem is headquartered in Oslo, Norway
Headquarters
Norway
Address
Drammensveien 169, Oslo, 0277
Website
www.elkem.com
Telephone
47 2 2450100
No of Employees
7,436
Industry
Chemicals
Ticker Symbol & Exchange
ELK (OSL)
Revenue (2022)
$3.3B
-23.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-99.2%
(2022 vs 2021)
Market Cap*
$1.2B
Net Profit Margin (2022)
XYZ
-99.0%
(2022 vs 2021)
* As of and is in US$
Elkem ASA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Carbon: | Starsil |
| Cathode Ramming Pastes | Mix & Fix |
| Taphole and Ladle Materials | Mirasil |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company entered into an agreement to acquire REC Solar Norway AS from REC Solar Holdings AS. |
| 2024 | New Products/Services | In January, the company created an iron silicon powder designed to enable the 3D printing of electrical motor components. |
| 2023 | Plans/Strategy | In September, the company announced its plans to showcase its extensive range of thermal protection and battery assembly solutions in The Battery Show North America 2023. |
Competitor Comparison
| Key Parameters | Elkem ASA | Norsk Hydro ASA | Ferroglobe PLC | Boliden Odda AS | Nordic Mining ASA |
|---|---|---|---|---|---|
| Headquarters | Norway | Norway | United Kingdom | Norway | Norway |
| City | Oslo | Oslo | London | Odda | Oslo |
| State/Province | - | Oslo | England | - | - |
| No. of Employees | 7,436 | 32,724 | 3,265 | - | 8 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hao Zhigang | Chairman | Executive Board | 2021 | - |
| Dag Jakob Opedal | Vice Chairman | Executive Board | 2022 | - |
| Helge Aasen | Chief Executive Officer | Senior Management | 2021 | - |
| Morten Viga | Chief Financial Officer | Senior Management | 2006 | - |
| Luiz Simao | Senior Vice President - Carbon Solutions | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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