Aiken silicone company and LAN-STAR announced the merger operation-Iota

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Service > Aiken silicone company and LAN-STAR announced the merger operation

Aiken silicone company and LAN-STAR announced the merger operation

June 22, Bluestar Corporation belongs to the overseas enterprise company Elkem and Bluestar silicones announced formally merged and Elkem company bought Bluestar silicones all shares. Previously, the two companies has through the silicone industry chain established close cooperative relations, the merger will be in the legal and financial aspects realize powerful alliances, in addition to keep the two companies our by virtue of their professional knowledge and market foundation has been successful, but also to make the new company in all areas of business are to achieve profitable growth.
Executive of Elkem company chief will be appointed president of the new company, Helge Olsen Helge Aasen) management includes members from Elkem company and Bluestar silicones. The new company name for Aiken, but all the registered trademark will remain unchanged.
Helge Olsen said: "this is for all of us, have pointed out an exciting new development direction. The new company is expected to achieve 1600000000 euros (about 1400000000 Norway crowns) of revenue, and the ability to achieve simultaneous growth in the original market and new markets. We will benefit from the professional knowledge and working experience of 3500 employees, and expand the business to about 50 countries around the world."
Bluestar silicones, chief executive officer Frederick Joaquin (FR e d e ric Jacquin) said: "this move will enable us to share each other's resources, in this rapidly changing market environment, to achieve global growth."
The new company will have the integration of industrial chain, from the metal silicon to the lower reaches of the special products, as well as the market competition strength of the special cast alloy and carbon materials.
About Elkem
Elkem (Elkem) is one of the world's largest industrial group company. Its main business is production of environmentally friendly silicone, professional casting alloy, carbon products and microsilica. AIKEN (Elkem) in Europe, North America, South America, Africa and Asia and other places have 14 production plants and more sales offices and agents. Company's existing staff more than 2100 people, headquartered in Oslo, Norway. Helge Aasen has served as CEO since 2009, he is also the Aiken (Elkem) members of the board of directors. 2014, Aiken (Elkem) group's operating income reached 8600000000 kronor ($1100000000) in Norway. Now, Elkem (Elkem) has become a part of LAN-STAR group Chinese.
About LAN-STAR silicone
LAN-STAR silicone is one of the world's 650000000 euros in annual sales of silicone raw material manufacturers, the company is headquartered in Lyon, france. LAN-STAR silicone is one of the world's leading organic silicon integration manufacturers, with more than 60 years of experience in the production of silicone, business throughout the world. Companies with upstream silicon metal business and the downstream market of silicone and application development of professional technology, provide for different areas of the market a full range of silicone products, including paper from the type of coating, textile coating, medical care, mold manufacturing, automotive, aerospace and personal care.

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