The exact purchase price has not been disclosed, although the final price ‘is in the low double-digit millions of euros,' Elkem said.
The company expects the plant to start production by the end of 2021 but has not provided any detail on capacity.
Silicones are high-performance polymers consisting of silicon, oxygen and other elements including carbon and hydrogen. Silicones are used in the assembly, electrical integrity and protection of critical parts in cars and have an...
