French silicon-based materials supplier Elkem is investing EUR36 million in new specialty silicones supply for customers in Europe, the Middle East and Africa (EMEA) and the Americas. The company will upgrade and debottleneck its silicone upstream plant in Roussillon, France. The board of…
Tag: silicones
Silicones: Breakthroughs in medical-grade silicones at full speed
To address the need for important medical devices, new silicone technologies are being developed and made available, according to Angelica Buan. Growth expected for silicone elastomers As with all global elastomer markets, the silicone elastomers market also suffered a serious…
Dow to increase capacities for silicones, PG and speciality materials
US chemical major Dow has announced a series of capacity expansions for its silicones, propylene glycol (PG) and specialty materialsunits to support growing demand across key end-markets, all of which, it adds, continue to grow faster than GDP. In PG, it is expanding its Thai facility to up…
Momentive to take over KCC’s Silicones business in UK, Sokor
US-headquartered silicones and advanced materials company, Momentive Performance Materials has reached a definitive agreement to acquire KCC Corporation’s (KCC) Silicones business in Korea and the UK, as well as its sales operations in China, further enhancing Momentive’s global capabilities in advanced…
Elkem clinches deals worth US$150 mn in China
Norway’s Elkem, one of the pioneers in manufacturing silicones, says it has signed letters of intent with three Chinese customers, with a potential total contract value of more than US$150 million, at the 3rd China International Import Expo (CIIE) 2020 in Shanghai, China, where…
Increased medical demand a boon for General Silicones
Unlike most companies, Taiwanese specialist silicone products manufacturer General Silicones Co., Ltd. seems to be thriving even during the coronavirus pandemic. The company is said to have experienced an “unprecedented” 65% increase in global demand for its medical-grade products in…
Medical devices market in good shape with silicones
Evolving from silicon, one of the earth’s most common elements, silicones are recognised for their versatile medical application potentials…
Momentive to go public
Silicones and speciality chemicals producer Momentive Performance Materials is planning to launch an IPO. The company’s sales last year were US$2.6 billion and it had a growth of 24%. Momentive is the former GE Silicones operations. (PRA)