Elkem ASA (0SFN.L)

38.74 +0.59 (+1.54%) At close: 08:11AM BST

Elkem ASA

Drammensveien 169
Oslo 0277
Norway
47 22 45 01 00
https://www.elkem.com

Sector(s): 
Industry: 
Full-time employees: 7,400

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Helge Aasen	Chief Executive Officer	11.35M	N/A	1963
Mr. Morten Viga	Chief Financial Officer	5.22M	462k	1964
Mr. Havard I. Moe	Senior Vice President of Technology	3.82M	462k	1966
Ms. Katja Lehland	Senior Vice President of Human Resources	4.58M	462k	1968
Mr. Asbjoern Resell Soevik	Senior Vice President of Green Ventures & Digital	4.76M	462k	1963
Mr. Inge Grubben-Stroemnes	Senior Vice President of Silicon Products	5.25M	462k	1974
Mr. Louis Vovelle	Senior Vice President of Innovation and Research & Development	3.64M	462k	1958
Mr. Luiz Simao	Senior Vice President of Carbon Solutions Division	4.54M	462k	N/A
Mr. Morten Magnus Voll	Senior Vice President of Strategy & Business Development	3.81M	231k	N/A
Mr. Tom Preststulen	Managing Partner	N/A	N/A	1947

Amounts are as of 31 December 2017, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in NOK.

Description

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones. It also provides silicon-based materials comprising silicon, silicon powder/micronized silicon, silica fume/ micro-silica, ferrosilicon, and grain refiners. In addition, the company offers foundry alloys, such as preconditioners, recarburizers, conditioners, nodularizers, inserts, and inoculants; and carbon-based materials comprising carbon electrodes, furnace tapping materials, electrode paste, ramming paste, prebaked electrodes, and furnace lining materials, as well as polymer additives, and oilfield and refractories specialty products. It offers its products to electronics, aerospace, healthcare, personal care, packaging, airbag coating, chemicals, aluminium, electronics, automotive, specialty steel, solar, construction, refractories, oil and gas, ferroalloys, silicon, and aluminium industries. The company was founded in 1904 and is headquartered in Oslo, Norway. Elkem ASA operates as a subsidiary of Bluestar Elkem International Co., Ltd. S.A.

Corporate governance

Elkem ASA’s ISS governance QualityScore as of 1 July 2024 is 8. The pillar scores are Audit: 3; Board: 7; Shareholder rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.