1.3 Billion Yuan in Intended Deals Recorded at CIIE for Elkem

Under the theme of 'Silicon for a Zero-Carbon Future', Elkem, a technology leader with over seven decades of expertise in the silicone industry, showcases four segments Life Science', 'Consumer Goods', 'Smart City' and 'Inno-Life' at the Consumer Goods Exhibition Area of the 5th China International Import Expo (Booth B1-01, Hall 5.1) from November 5 to 10, 2022.

The company will promote here its innovative technologies and low-carbon sustainable solutions for industries including healthcare, construction, homecare, automotive, energy and 3D printing, and China Sinochem e-commerce platform for Elkem Silicones will be officially launched at the exhibition.

During this event, Elkem will sign renewal of annual contracts for 2023 with more than a dozen customers for specialised silicones products in automotive, healthcare and consumers products.

The contract values will be totalling more than CNY 1.3 billion, which represent a volume growth of more than 30 per cent compared to 2022.

Elkem is a global leader in silicon-based materials. Sustainability has always been a crucial part of the company's silicone manufacturing process, from the selection of raw materials, to the production of end products.

Elkem provides customers with tailor-made solutions through the use of natural raw materials, renewable energy and innovative technologies.

As flexible as they are efficient, they meet market demand, regulatory requirements and low-carbon trends, helping accelerate the development of the green economy and industrial transformation.

“This is the fifth time we have attended the CIIE,” Larry Zhang, Senior Vice President for the Silicones division of Elkem said. “As a well-known international supplier of silicones, Elkem has always been committed to providing reliable and high quality silicone solutions for our customers. Going forward, Elkem will invest more in China and expand its production capacity to provide advanced silicone technologies and products to customers in China and other parts of Asia Pacific, in line with our dual-growth strategy. This is how we are working with players in various industries to accelerate green and low-carbon transformation and to build a zero-carbon future. We hope to increase access to better final products that today’s consumers can use to build a healthy and sustainable life.”