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Elkem Silicones

MaterialsOslo, NorwayFounded 1904· One of 961 Materials companies tracked by AMPulse

Develops AMSil™ silicone elastomer materials for additive manufacturing, enabling 3D printing of functional silicone parts with shore hardnesses 10-70 for medical, automotive, and industrial applications.

Team Size
1001-5000
Stage
Public
Total Funding
Publicly Traded
Key Investors
Elkem ASA (parent company, listed Oslo Stock Exchange; being divested to China National Bluestar ~2026)

Technology & Products

Key Products

AMSil™ silicone elastomer materials for additive manufacturing, Silbione™ medical-grade silicones, Silcolapse™ silicone foam control agents, Puresil cosmetic solutions, and various silicone release coatings for papers and films.

Technological Advantage

Proprietary silicone formulations optimized for additive manufacturing processes, enabling high-density, functional parts with tailored properties (e.g., shore hardness, biocompatibility).

Differentiation

Value Proposition

Reduces lead times for silicone part prototyping and production from weeks to days, enables complex geometries impossible with traditional molding, and offers material customization (e.g., medical-grade, support materials) for functional applications.

How They Differentiate

Offers vertically integrated silicone production with AM-specific materials (AMSil™) vs. competitors' broader chemical portfolios; 30% lower carbon footprint in manufacturing; specialized support materials for 3D printing silicone.

Market & Competition

Target Customers

Manufacturers in medical, automotive, aerospace, and industrial sectors seeking high-performance, customizable silicone parts via 3D printing.

Industry Verticals

Medical; Automotive; Aerospace; Industrial; Consumer Goods

Competitors

Dow, Wacker Chemie AG, Shin-Etsu Chemical Co., Ltd.

Growth & Milestones

Growth Metrics

Revenue $1.7B in 2023; silicones division reported 177% earnings growth in 2021.

Major Milestones

Launched AMSil™ technology for 3D printing silicones (2021); Acquired Bluestar Silicones; Expanded to 27 production sites globally