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Elkem Stabilizes Earnings and Advances Sustainability

Elkem Stabilizes Earnings and Advances Sustainability

Elkem ASA (ELKEF) has released an update.

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Elkem ASA maintains stable EBITDA in Q2 2024 amidst challenging market conditions, with its operational performance boosted by a comprehensive improvement programme. The company’s Silicones division saw improvement, and its newly launched silicones expansion project in China is already surpassing expectations. Elkem is also advancing in sustainability, with a pioneering pilot project aimed at significantly reducing CO2 emissions in silicon production.

For further insights into ELKEF stock, check out TipRanks’ Stock Analysis page.

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