Elkem increases price for silicone portfolio in Europe and the Americas
Last update on Apr 28, 2026
Elkem announced a price increase across its silicone product portfolio for customers in Europe and the Americas, effective immediately or in line with existing contract terms. The company stated that the adjustment ranges from 10% to 30%, depending on product categories and market segments. The increase applies to silicone products supplied in these regions.
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Driven by inflation in key raw materials and chemical intermediates
According to Elkem, the decision reflects a sustained rise in its cost base. The company cited inflation in key raw materials and chemical intermediates, as well as higher energy and utility costs. It also pointed to ongoing pressure on transportation and logistics. Additional factors include increased expenses related to packaging, labor, asset maintenance, and continued volatility in global supply chains.
Elkem noted that its internal efficiency initiatives have partially offset cost increases so far. However, it stated that continued inflationary pressures have made pricing adjustments necessary. The company added that the move is consistent with pricing trends across the silicone sector, where producers are responding to structurally higher input costs.
The company also stated that it continues to invest in the safety, reliability, and maintenance of its operations, along with the long-term performance and sustainability of its silicone production assets. According to Elkem, these investments are intended to support supply continuity and product quality.
Elkem continues to invest in the safety, reliability and maintenance of its industrial operations, as well as in the long‑term performance and sustainability of its silicone production assets. These investments are essential to maintaining security of supply and consistent product quality.
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