Tag: silicones

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…

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)