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Second quarter 2022: Another record result

Elkem appoints new SVP for Silicones division

STOCKHOLM, June 22, 2022 /PRNewswire/ Larry Zhang has been appointed as the new Senior Vice President for Elkem's Silicones division, a leading global player in fully integrated silicone manufacturing. He will step into the role with immediate effect and be based in Shanghai, China. Mr. Zhang comes from the position as the Vice President for Operations in Elkem's Silicones division and Director of the Asia-Pacific region. He has significant leadership experience from China National Bluestar and holds an engineering degree from Central South University. This follows the previously announced appointment of Frederic Jacquin as Elkem's Senior Vice President for Strategy & Business Development from 1 March 2022. Elkem is a fully integrated producer from silicon metal to upstream siloxane and downstream silicone specialties. The Silicones division in Elkem has more than 4400 employees, 14 multi-functional manufacturing sites and 13 research and innovation centres around the

Elkem Appoints Larry Zhang As New SVP For Silicones Division

Elkem Appoints Larry Zhang As New SVP For Silicones Division
textileworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from textileworld.com Daily Mail and Mail on Sunday newspapers.

Elkem unveils $460 million expansion project at China silicones plant

Elkem unveils $460 million expansion project at China silicones plant
rubbernews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rubbernews.com Daily Mail and Mail on Sunday newspapers.

Delivering on growth and profitability - strategic expansion in China

Share this article STOCKHOLM, April 26, 2021 /PRNewswire/ In the first quarter of 2021, Elkem delivered all-time high operating income and the best quarterly result since the third quarter 2018. The strong results reflected Elkem s growth and specialisation strategy in a market with attractive fundamentals and its strong culture for operational excellence. On 26 April, Elkem approved a strategic expansion in China, the world s fastest-growing silicones market. The NOK 3.8 billion project will further support Elkem s growth and specialisation strategy. Elkem s total operating income for the first quarter 2021 was NOK 7,193 million, which was another all-time high and up 24% from the corresponding quarter last year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 1,231 million in the quarter, which was more than doubled compared to first quarter 2020 and the best since the third quarter 2018. Earnings per share (EPS) was NOK 1.17 in the qua

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