Elkem Silicones
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.
- CEO / Founder
- Helge Aasen
- Team Size
- 5001-10000
- Stage
- Active
- Total Funding
- $1.6M
- Latest Round
- Venture Round
Technology & Products
Key Products
AMSil™ series silicone elastomers; AMSil SILBIONE™ medical-grade silicones; AMSil 92100 support material for liquid silicone 3D printing
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