Home / TOP STORIES / Elkem signs letters of intent, showcases top technologies, products at China International Import Expo 2020

Elkem signs letters of intent, showcases top technologies, products at China International Import Expo 2020

Elkem, one of the world’s leading suppliers of silicon-based advanced
materials, is showcasing its wide range of innovative technologies and solutions at the 3rd China International Import Expo (CIIE)  2020 in Shanghai, China. The company is signing letters of intent with three Chinese customers.

“China is the most important market for Elkem Silicones. After the initial impact of Covid-19, we now see demand recovering strongly. More than 50 percent of Elkem’s employees are based in China. While ensuring
the safety of our employees, we have made every effort to ensure the smooth supply of products to customers, and the revenue has also grown steadily,” says Frederic Jacquin, Senior Vice President of Elkem Silicones.

“We are the largest silicones producer in China and our strategy is to continue to grow and develop high-end products supporting the dual circulation strategy which is to create products and solutions with a personal touch for our Chinese customers, but also for the rest of the world”, says Jacquin.

During the CIIE 2020, Elkem Silicones has signed letters of intent with three Chinese customers, with a potential total contract value of more than NOK 1,3 billion (CNY 1 billion).

“Elkem Silicones has enormous confidence in the development of the Chinese market. The three new partners have signed a cooperation
agreement with us, which fully reflects their trust in Elkem. We are
looking forward to working with Chinese customers on advanced materials shaping the future”, says Larry Zhang, Vice President of Elkem Silicones and Director of the Asia-Pacific region.

For the CIIE 2020, Elkem has doubled its booth space from 2019,
presenting more than 30 innovative silicones solutions that meet the
current and future needs of the Chinese market. Key application areas and products include:

* Personal protection: A non-slip, anti-fog and comfortable silicone
mask, designed and developed to fight the pandemic (COVID-19);
* Electric vehicles: Elkem Silicones BLUESIL(tm) battery thermal conductive materials used by the world’s top electric vehicle producers, and high-performance electronic thermal conductive material suited for charging piles;
* Architecture: A new generation of BLUESIL(tm) waterproof materials and energy-saving environment-friendly materials for buildings;
* 5G communications: 5G equipment sealing materials developed specially for the Chinese local market;
* Aerospace: Elkem SILGRAIN(tm) high-quality special silicon powder used by the Mars Exploration Rover satellite.

In addition, Elkem also presents several classic silicone products used in solar energy, agriculture and environmental protection at the CIIE.

Silicone is known as a catalyst in technological progress and social
development. Elkem Silicones was among the first companies in the world to develop and produce silicone materials and silicone sealant. At CIIE, Elkem Silicones is showcasing its advanced solutions in the fields of smart travel, smart life, low-carbon environmental protection and clean energy.

Elkem also demonstrates its commitment to help boosting sustainable development of various industries and improve the quality of human life by providing cutting-edge materials.

Elkem
Elkem, one of the world’s leading suppliers of silicon-based advanced
materials, is showcasing its wide range of innovative technologies and
solutions at the 3rd China International Import Expo (CIIE)  2020 in
Shanghai, China. The company is signing letters of intent with three
Chinese customers.

“China is the most important market for Elkem Silicones. After the
initial impact of Covid-19, we now see demand recovering strongly. More
than 50 percent of Elkem’s employees are based in China. While ensuring
the safety of our employees, we have made every effort to ensure the
smooth supply of products to customers, and the revenue has also grown
steadily,” says Frederic Jacquin, Senior Vice President of Elkem
Silicones.

“We are the largest silicones producer in China and our strategy is to
continue to grow and develop high-end products supporting the dual
circulation strategy which is to create products and solutions with a
personal touch for our Chinese customers, but also for the rest of the
world”, says Jacquin.

During the CIIE 2020, Elkem Silicones has signed letters of intent with
three Chinese customers, with a potential total contract value of more
than NOK 1,3 billion (CNY 1 billion).

“Elkem Silicones has enormous confidence in the development of the
Chinese market. The three new partners have signed a cooperation
agreement with us, which fully reflects their trust in Elkem. We are
looking forward to working with Chinese customers on advanced materials
shaping the future”, says Larry Zhang, Vice President of Elkem Silicones
and Director of the Asia-Pacific region.

For the CIIE 2020, Elkem has doubled its booth space from 2019,
presenting more than 30 innovative silicones solutions that meet the
current and future needs of the Chinese market. Key application areas
and products include:

* Personal protection: A non-slip, anti-fog and comfortable silicone
mask, designed and developed to fight the pandemic (COVID-19);
* Electric vehicles: Elkem Silicones BLUESIL(tm) battery thermal
conductive materials used by the world’s top electric vehicle producers,
and high-performance electronic thermal conductive material suited for
charging piles;
* Architecture: A new generation of BLUESIL(tm) waterproof materials
and energy-saving environment-friendly materials for buildings;
* 5G communications: 5G equipment sealing materials developed
specially for the Chinese local market;
* Aerospace: Elkem SILGRAIN(tm) high-quality special silicon powder
used by the Mars Exploration Rover satellite.

In addition, Elkem also presents several classic silicone products used
in solar energy, agriculture and environmental protection at the CIIE.

Silicone is known as a catalyst in technological progress and social
development. Elkem Silicones was among the first companies in the world
to develop and produce silicone materials and silicone sealant. At CIIE,
Elkem Silicones is showcasing its advanced solutions in the fields of
smart travel, smart life, low-carbon environmental protection and clean
energy.

Elkem also demonstrates its commitment to help boosting sustainable
development of various industries and improve the quality of human life
by providing cutting-edge materials.

Elkem

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 6,700
employees with 31 production sites and an extensive network of sales
offices worldwide. In 2019 Elkem had revenues of NOK 22.7 billion. ounded 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 6,700
employees with 31 production sites and an extensive network of sales
offices worldwide. In 2019 Elkem had revenues of NOK 22.7 billion.

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