European Chemical Industry News & Insights

Elkem Secures French Government Funding for Specialty Silicones Expansion

At a glance
  • Elkem's Roussillon expansion involves 36 million euros announced in October 2021.
  • Investments in Saint-Fons range from 15 to 20 million euros for 2022-2023.
  • The focus is on specialty silicones for high-tech markets and sustainable development.
  • Key improvements include automation, product quality, and environmental performance.

Investment and Financial Support

Elkem has been selected as a recipient of the French government's “Resilience” scheme under the “France Relance” plan. This financial support will accelerate Elkem's investments in specialty silicones production in Saint-Fons, Rhône region.

Roussillon Expansion

The company announced a 36 million euro investment in October 2021 to expand its upstream silicone intermediate units in Roussillon, Isère. This project is part of the Resilience program, emphasizing the importance of technological sovereignty for France and the European Union.

Strategic Importance

According to Agnès Pannier-Runacher, France's Minister Delegate for Industry, high-performance silicone production is crucial for various industrial sectors. The French government supports Elkem's investments through the France Relance plan to enhance local production capacities.

Downstream Production Investments

Elkem is also accelerating investments in its specialty silicones units in Saint-Fons to meet the growing demand in high-tech markets. These investments, ranging from 15 to 20 million euros, will be executed in 2022 and 2023.

Focus Areas

The investments aim to increase production capacities, automate processes, optimize product quality and purity, and improve the environmental performance of key units at the Saint-Fons plant. Silicones are essential for various specialty markets, including clean mobility, semiconductor assembly, technical textiles, release coatings, adhesives, and medical devices.