Brief: Elkem: Silicones Markets Expected To Remain Challenging

Elkem ASA

14/07/2023 06:17

July 14 (Reuters) - Elkem ASA  ELK.OL :
    * SILICONES MARKETS ARE EXPECTED TO REMAIN CHALLENGING, AND
ELKEM
PLANS TO RUN AT REDUCED CAPACITY TO OPTIMISE PRODUCT MIX
    * PRICES FOR SILICON PRODUCTS ARE IN A DOWNWARD TRAJECTORY
GOING
INTO Q3, BUT THIS IS PARTIALLY COUNTERED BY LOWER RAW MATERIAL
COSTS
    * CAPACITY UTILISATION IS EXPECTED TO BE HIGHER, FOLLOWING
COMPLETION OF MAINTENANCE PROJECTS IN NORWAY
    * CARBON SOLUTIONS' RESULT IS EXPECTED TO REMAIN AT A GOOD
LEVEL,
DESPITE WEAK MARKETS

Source text for Eikon:  ID:nObifYgtja 
Further company coverage:  ELK.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))