China National Bluestar (Group) Co., Ltd. (蓝星集团; Bluestar) is a Chinese state-owned chemical group headquartered in Beijing. It is part of China National Chemical Corporation (ChemChina), which is under Sinochem Holdings. Bluestar operates globally through manufacturing, R&D, and sales entities.
The group’s portfolio spans silicones and other silicon-based materials, fluorine-based and specialty chemicals, basic chemicals, and chemical engineering equipment. It also provides materials and solutions for environmental protection and water treatment, such as resins and membrane technologies. Its products serve end markets including automotive, electronics, construction, energy, agriculture, and consumer goods.
Through international investments and acquisitions, Bluestar has built a significant overseas footprint. Notable holdings have included Elkem (advanced materials, including silicon, silicones, and carbon products) and Adisseo (animal nutrition). The group focuses on integrating upstream raw materials with downstream specialty products across the value chain.
Also known as China National BlueStar.
Registered share capital is NOK 1,505,514,210 (301,102,842 shares, NOK 5 par). Board and Nomination Committee changes took effect; seller no longer represented.
Nomination committee’s proposals take effect after completion of the majority Silicones sale to Bluestar; the current CEO will stay on until a successor is in place. AGM 30 Apr 2026.
Elkem introduces a new structure, reduces workforce by 300, and cuts costs by NOK 1.9 billion to enhance profitability amid market challenges.
Elkem to transfer Silicones division to Bluestar, settling through share redemption. Transaction awaits shareholder and regulatory approvals, expected to close by May 2026.
