Elkem announces silicone price increase
Elkem announces price increases for its silicone products worldwide. The increases vary by product line, with a minimum increase of 10% effective August 15, subject to contractual allowances.
The price increase is necessary to enable Elkem to continue to invest in the funds needed to support capacity expansion, equipment maintenance and product development to meet the growing needs of its customers in a safe and sustainable manner.
While Elkem Silicones has made significant progress in reducing operating costs and improving efficiency over the past 18 months, these savings have not been sufficient to offset the negative impact of rising costs associated with raw materials, packaging, energy, transport and logistics services, labor and operational maintenance, making the cost increase necessary.
You May Interested In
2026-09-19
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Elkem Launches Innovative Formulations with Low-Cyclic Silicone Ingredients
-
Elkem Silicones launches Xinghuo’s Phoenix project
-
Elkem intends to invest 3 billion to expand China's silicone business
-
Elkem Announces Increase in Global Silicone Prices
-
“Freight Fee Warfare”: The U.S. Imposes Port Charges on Chinese-Linked Vessels — A Shipping Clash Unfolds
-
“The Tariff Crucible”: How Trump’s 100% Duties and China’s Rare Earth Offensive Are Reshaping Global Supply Chains
-
The Shipping Cold War Sets Sail: The Triple Game Behind China’s Sanctions on Hanwha Ocean
-
Aramco Acquires Sumitomo’s Stake for $702 Million, Boosting Control of Petro Rabigh to 60% — What Global Ambitions Does This Move Reveal?
-
Global Trade Data for Epoxy Resin in 2025 Released: Asia Accounted for $640 Million in Imports, Vietnam Emerges as Top Buyer
-
MDI Price Surge Hits EMEAI: Is This a Market Correction or the Beginning of a Supply Crisis?
Recommend Reading
-
![“Deregulation” or “Concession”? The Hidden Crisis Behind India’s Repeal of QCOs on Seven Key Petrochemicals]()
“Deregulation” or “Concession”? The Hidden Crisis Behind India’s Repeal of QCOs on Seven Key Petrochemicals
-
![Oil-Coal Price Gap Widens! Coal Chemical Enterprises See Significant Profit Surge in H1 2026]()
Oil-Coal Price Gap Widens! Coal Chemical Enterprises See Significant Profit Surge in H1 2026
-
![Can Lotte Chemical's Four Growth Pillars Support Its New Valuation After Spinning Off Basic Chemicals?]()
Can Lotte Chemical's Four Growth Pillars Support Its New Valuation After Spinning Off Basic Chemicals?
-
![NextDecade Approves FID for Fourth LNG Train at Rio Grande Project]()
NextDecade Approves FID for Fourth LNG Train at Rio Grande Project
-
![Mitsui, Idemitsu, and Sumitomo Restructure Polyolefins Business]()
Mitsui, Idemitsu, and Sumitomo Restructure Polyolefins Business
-
![China's Phenol Market Shows Little Volatility]()
China's Phenol Market Shows Little Volatility
-
![Post-Holiday Acetic Acid Ethyl Ester Market Rises Strongly (10.8-10.14)]()
Post-Holiday Acetic Acid Ethyl Ester Market Rises Strongly (10.8-10.14)
-
![Bearish Factors Persist, Adipic Acid Prices in China Decline]()
Bearish Factors Persist, Adipic Acid Prices in China Decline
-
![Formic Acid Prices Stabilize After Declining Post-Holiday]()
Formic Acid Prices Stabilize After Declining Post-Holiday
-
![Styrene-Butadiene Rubber Market Shows Weak Downward Trend]()
Styrene-Butadiene Rubber Market Shows Weak Downward Trend
