Industry News

Elkem Silicones Spin-off Nears Completion – Target Late Apr

Keywords: Elkem, silicone division, spin-off, Bluestar, circular economy, independent growth

Core Summary: Elkem’s spin-off of its Silicones division is on track for completion in late April 2026, following shareholder and lender approvals in March 2026. The standalone entity will accelerate R&D in sustainable silicone technologies.

• Strategic Focus:

◦ Gallium-catalyzed silicone waste recycling (published in Science)

◦ High-temperature, flame-retardant silicones for EVs and energy storage

◦ Food-grade and medical-grade silicones meeting global compliance

• Market Impact: The restructuring is expected to drive innovation and supply chain optimization in the global silicone market.

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Elkem Silicones Spin-off Nears Completion – Target Late Apr

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