Elkem Raises Silicone Prices by 10–30% in Europe & Americas

Elkem Raises Silicone Prices by 10–30% in Europe & Americas

Keywords: Elkem, silicone price hike, Europe, Americas

Summary: Effective immediately, Elkem imposes 10–30% increases across its silicone portfolio due to raw material, energy and logistics cost inflation.

Detailed Content:
 

On April 24, 2026, Elkem announced a significant price adjustment for all silicone products supplied to European and American customers, ranging from 10% to 30% based on product type. The company cited sustained inflation in key raw materials, higher energy and utility expenses, plus ongoing logistics and supply chain volatility as primary drivers. Despite internal efficiency initiatives partially offsetting costs, structural inflation now requires pricing action. The move aligns with broader industry trends as manufacturers grapple with elevated input costs.